Arthur J. Gallagher (AJG) Form 144 Notices 15,000-Share Sale on Sept 17
Rhea-AI Filing Summary
Form 144 filing for Arthur J. Gallagher & Co. (AJG) reports a proposed sale of 15,000 shares of common stock through Pershing LLC with an aggregate market value of $4,371,900. The filing states approximately 256,400,000 shares are outstanding and lists an approximate sale date of 09/17/2025. The 15,000 shares were acquired via open market purchase on 01/01/2012 and paid in cash at purchase.
The filing also discloses a series of sales by Matrix Trust Company over the prior three months, with individual transactions dated from 06/18/2025 through 09/03/2025 and varying share amounts and gross proceeds. The notice includes the required certification that the seller is not aware of undisclosed material adverse information.
Positive
- Clear disclosure of the amount to be sold (15,000 shares) and the broker (Pershing LLC)
- Acquisition details provided: shares were purchased on 01/01/2012 in the open market and paid in cash
- Detailed recent sales by Matrix Trust Company are listed with dates, amounts, and gross proceeds
Negative
- None.
Insights
TL;DR Proposed sale of 15,000 AJG shares valued at $4.37M, acquired in 2012, with recent small dispositions by Matrix Trust Company.
The filing is routine under Rule 144: it notifies the market of an insider-affiliated or restricted holding being offered for sale through a broker on a specified approximate date. The key quantifiable items are the 15,000-share block and its stated market value of $4,371,900 compared with the company’s 256.4 million shares outstanding, indicating the block is immaterial to total float on a percentage basis. Recent transactions by Matrix Trust Company are listed in detail by date, amount, and gross proceeds, demonstrating ongoing, smaller disposals rather than a single large disposition.
TL;DR Filing meets Rule 144 disclosure norms; signer certifies no undisclosed adverse information and references Rule 10b5-1 plan language.
The form includes the standard certification language required for Rule 144 notices and attention to Rule 10b5-1 plan representation. There are no disclosures here of material corporate developments, governance changes, or special transactions beyond the share sale notice. This limits the filing's corporate-governance significance to routine insider liquidity reporting rather than governance risk signals.