AJG VP granted phantom stock award
Mead Christopher E reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Mead Christopher E reported acquisition or exercise transactions in this Form 4 filing.
Arthur J. Gallagher & Co. vice president Christopher E. Mead received an award of 1,541.782 shares of phantom stock on March 4, 2026. Each phantom stock share represents a right to receive one share of Gallagher common stock. The award was granted under the company’s Age 62 Plan, a nonqualified deferred compensation plan, where units are deemed invested in company common stock at the participant’s election. After this grant, Mead holds a total of 21,803.927 phantom stock units, which vest when participants attain age 62 or, for those already age 61, after a one-year period.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 1,541.782 | $227.01 | $350K |
Footnotes (2)
- F1. Each share of phantom stock represents a right to receive one share of Gallagher common stock.
- F2. 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.
FAQ
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What did AJG executive Christopher E. Mead report on this Form 4?
What is the value reference for the AJG phantom stock granted to Christopher Mead?
How many AJG phantom stock units does Christopher Mead hold after this transaction?
What does phantom stock mean for Arthur J. Gallagher (AJG) executives?
What is the Age 62 Plan mentioned in the AJG Form 4 filing?
When do Christopher Mead’s AJG phantom stock awards vest under the Age 62 Plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.