Arthur J. Gallagher (AJG) insider plans to sell 4,000 shares — Form 144
Rhea-AI Filing Summary
Form 144 notice for Arthur J. Gallagher & Co. (AJG): The filing states a proposed sale of 4,000 common shares through Fidelity Brokerage Services with an aggregate market value of $1,224,000, planned for 08/21/2025 on the NYSE. The shares were acquired on 11/05/2024 as a retirement plan distribution from the issuer and were paid as compensation on the same date. The filer reports no securities sold in the past three months.
The filing contains the standard representation that the seller does not possess undisclosed material adverse information about the issuer. Other issuer contact and relationship fields are present but contain no substantive details in the provided content.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small, routine insider sale from a retirement distribution; immaterial to company capitalization.
The notice documents a proposed sale of 4,000 common shares valued at $1,224,000 scheduled on 08/21/2025. Relative to the reported outstanding share count of 256,400,000, the position is very small (<0.002% of outstanding shares). The shares were acquired via a retirement plan distribution on 11/05/2024 and paid as compensation, indicating this is not an open-market purchase by a new insider. No prior sales in the last three months are reported. Based solely on the filing, this transaction appears routine and not likely to affect AJG's valuation or market dynamics materially.
TL;DR: Disclosure aligns with Rule 144 requirements; contains standard attestation and no unusual disclosures.
The form includes required Rule 144 disclosure elements: class of security, broker, number of shares, aggregate market value, outstanding shares, acquisition date and nature, and planned sale date. The filer attests to absence of undisclosed material adverse information and indicates the acquisition was a retirement plan distribution. There are no notes of aggregated sales or additional related-party sellers. From a governance and compliance perspective, the filing appears complete for the transaction reported; it does not raise governance red flags in the provided content.