Arthur J. Gallagher (AJG) Form 144 Filed for 6,000-Share Sale

Rhea-AI Filing Summary

Arthur J. Gallagher & Co. (AJG) Form 144 shows a proposed sale of 6,000 shares of the issuer's common stock through Goldman Sachs & Co. LLC with an aggregate market value of $1,797,900 and an approximate sale date of 09/19/2025 on the NYSE. The filing states there are 256,400,000 shares outstanding.

The securities listed were largely acquired as compensation in the form of restricted stock units (RSUs) on dates in 2024 and 2025 (including 03/14/2025, 03/15/2025, 05/02/2024, and 08/18/2025), totaling 6,000 units by the dates shown. The filer also reported a prior sale on 09/09/2025 of 3,000 shares for gross proceeds of $899,182.50. The notice includes the filer’s representation that no undisclosed material adverse information is known.

Positive

• Full Rule 144 disclosure provided including acquisition dates, nature of acquisition (RSUs), broker, planned sale date, and outstanding shares
• Most securities were acquired as compensation (RSUs), which clarifies the origin of the shares and reduces ambiguity about related-party transfers
• Prior sale disclosed (3,000 shares on 09/09/2025 for $899,182.50), demonstrating recent transaction history

Negative

• None.

Insights

Securities Analyst

TL;DR: Small insider sale planned from RSU compensation; transaction size is immaterial relative to outstanding shares.

The filing discloses a proposed sale of 6,000 AJG shares valued at $1,797,900 and a prior sale of 3,000 shares for $899,182.50. All acquired shares listed were received as compensation via restricted stock units on specific dates in 2024 and 2025. Compared with the reported 256.4 million shares outstanding, these transactions represent a de minimis percentage, suggesting limited direct impact on market supply or valuation. Disclosure is timely and follows Rule 144 reporting requirements.

Corporate Governance Expert

TL;DR: Form 144 properly documents insider sales tied to compensation; statement of no undisclosed material information is included.

The notice documents that the securities to be sold were acquired as compensation (RSUs) and provides acquisition dates and quantities. The filing includes the required attestation that the filer is not aware of any undisclosed material adverse information, and notes a prior sale within the past three months. From a governance perspective, the form meets procedural disclosure norms; the sizes disclosed are small relative to total outstanding shares and therefore unlikely to signal material governance concerns on their face.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	6000	1797900	256400000	09/19/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	03/15/2025	Acquired as compensation -- Restricted Stock Units	Issuer			2487	03/15/2025	Compensation
Common Stock	03/14/2025	Acquired as compensation -- Restricted Stock Units	Issuer			407	03/14/2025	Compensation
Common Stock	05/02/2024	Acquired as compensation -- Restricted Stock Units	Issuer			1	05/02/2024	Compensation
Common Stock	08/18/2025	Acquired as compensation -- Restricted Stock Units	Issuer			3105	08/18/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Douglas K. Howell 2850 Golf Road Rolling Meadows IL 60008	Common Stock	09/09/2025	3000	899182.5

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the AJG Form 144 disclose about the proposed sale?

The form discloses a proposed sale of 6,000 common shares via Goldman Sachs with an aggregate market value of $1,797,900 and an approximate sale date of 09/19/2025 on the NYSE.

How were the shares acquired that are being offered for sale in the AJG Form 144?

All listed shares were acquired as compensation (restricted stock units) on dates including 03/14/2025, 03/15/2025, 05/02/2024, and 08/18/2025.

Has the filer sold AJG shares recently?

Yes. The filing reports a sale of 3,000 shares on 09/09/2025 with gross proceeds of $899,182.50.

How large is the proposed sale relative to AJG's outstanding shares?

The filing lists 256,400,000 shares outstanding; the proposed sale of 6,000 shares represents a negligible fraction of that total.

Does the filer assert possession of undisclosed material information?

By signing, the filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.