Scott R. Hudson - Mar 31, 2025 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
Vice President
Signature
/s/ Ryan Session, by power of attorney
Stock symbol
AJG
Transactions as of
Mar 31, 2025
Transactions value $
-$317,298
Form type
4
Date filed
4/2/2025, 09:41 PM
Previous filing
Mar 21, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise $0 +2.07K +2.3% $0.00 92.1K Mar 31, 2025 Direct
transaction AJG Common Stock Tax liability -$317K -919 -1% $345.24 91.2K Mar 31, 2025 Direct
holding AJG Common Stock 339 Mar 31, 2025 Gallagher 401(k) plan account

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AJG Phantom Stock Options Exercise $0 -2.07K -57.21% $0.00 1.55K Mar 31, 2025 Common Stock 2.07K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F2 These shares represent awards under the Age 62 Plan, a nonqualified deferred compensation plan of the Company, which have been deemed invested in Company common stock at the election of the reporting person. Participants vest in these awards when they attain age 62, or after a one-year period for participants who have attained age 61.

Remarks:

This filing reports the distribution, following administrative processing after vesting, of Gallagher common stock in the Age 62 Plan and the withholding of shares to cover applicable taxes.