J. PATRICK GALLAGHER JR - 31 Mar 2025 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
CEO, Director
Signature
/s/ Ryan Session, by power of attorney
Issuer symbol
AJG
Transactions as of
31 Mar 2025
Transactions value $
$-1,078,816
Form type
4
Filing time
02 Apr 2025, 21:47:51 UTC
Previous filing
18 Mar 2025
Next filing
29 May 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 +7,052 +6.09% $0.000000 122,848 31 Mar 2025 Direct
transaction AJG Common Stock Tax liability $-1,078,816 -3,125 -2.54% $345.24 119,723 31 Mar 2025 Direct
holding AJG Common Stock 5,328 31 Mar 2025 By Spouse's Trust F1
holding AJG Common Stock 255,965 31 Mar 2025 By Corporation
holding AJG Common Stock 66,703 31 Mar 2025 By Irrevocable Trust
holding AJG Common Stock 271,525 31 Mar 2025 By Spouse F2
holding AJG Common Stock 218,955 31 Mar 2025 By Trust F3
holding AJG Common Stock 419 31 Mar 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 -7,052 -4.96% $0.000000 135,145 31 Mar 2025 Common Stock 7,052 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held in trust for the benefit of my children of which I am sole Trustee.
F2 Shares held in revocable trust of which my spouse is sole Trustee and as to which I disclaim beneficial ownership.
F3 Held in trust for benefit of children.
F4 Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F5 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.