Douglas K. Howell - Mar 31, 2025 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
VP & Chief Financial Officer
Signature
/s/ Ryan Session, by power of attorney
Stock symbol
AJG
Transactions as of
Mar 31, 2025
Transactions value $
-$36,253
Form type
4
Date filed
4/2/2025, 09:43 PM
Previous filing
Mar 18, 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 +105 +0.13% $0.00 82.1K Mar 31, 2025 Direct
transaction AJG Common Stock Tax liability -$36.3K -105 -0.13% $345.24 81.9K Mar 31, 2025 Direct
holding AJG Common Stock 3.17K Mar 31, 2025 By Spouse F1
holding AJG Common Stock 419 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 -105 -2.41% $0.00 4.26K Mar 31, 2025 Common Stock 105 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has no voting or invesment power over these shares and disclaims beneficial ownership.
F2 Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F3 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:

The transactions in this report relate solely to the withholding of shares to cover applicable income and employment taxes with respect to the vesting of an award under the Age 62 Plan.