Director David S. Johnson receives 1,110-share award at Arthur J. Gallagher (NYSE: AJG)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JOHNSON DAVID S reported acquisition or exercise transactions in this Form 4 filing.
Arthur J. Gallagher & Co. director David S. Johnson received a grant of 1,110 shares of Common Stock as a restricted stock unit award. The award carries a price of $0.00 per share and is compensation-related rather than a market purchase.
According to the footnote, the restricted stock units vest on the earlier of one year after the grant date or Johnson’s departure from the Board. After this award, Johnson directly holds a total of 47,150.018 shares of Arthur J. Gallagher & Co. common stock, showing this grant is a relatively small addition to his existing position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JOHNSON DAVID S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,110 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 47,150.018 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,110 shares
Grant price per share: $0.00 per share
Holdings after transaction: 47,150.018 shares
3 metrics
RSU grant size
1,110 shares
Restricted stock unit award on May 12, 2026
Grant price per share
$0.00 per share
Compensation-related award, not a market purchase
Holdings after transaction
47,150.018 shares
Total common stock directly held after the grant
Key Terms
Restricted stock unit, transaction code A, Common Stock, Form 4
4 terms
Restricted stock unit financial
"Restricted stock unit award vesting on the earlier of one year after the date of grant"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
transaction code A financial
"transaction_code_description": "Grant, award, or other acquisition"
Common Stock financial
"security_title": "Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Arthur J. Gallagher & Co. (AJG) director David S. Johnson report?
Director David S. Johnson reported receiving a grant of 1,110 shares of Arthur J. Gallagher & Co. common stock. This was a restricted stock unit award granted as compensation, not an open-market purchase or sale, and increases his direct holdings in the company.
What are the vesting terms of David S. Johnson’s new Arthur J. Gallagher (AJG) restricted stock units?
The restricted stock unit award vests on the earlier of one year after the grant date or Johnson’s departure from the Board. This means the compensation becomes fully earned either after a year of service or when he leaves the Board, whichever happens first.
What does transaction code A mean in David S. Johnson’s Arthur J. Gallagher (AJG) Form 4?
Transaction code A indicates a grant, award, or other acquisition of securities. In this case, David S. Johnson received 1,110 shares of Arthur J. Gallagher & Co. common stock as a restricted stock unit award rather than through a cash purchase on the open market.