[Form 4] Arthur J. Gallagher & Co. Insider Trading Activity
Hudson Scott R, a Vice President at Arthur J. Gallagher & Co. (AJG), reported multiple transactions on 09/08/2025. The filing shows the exercise of a non-qualified stock option for 7,600 shares at an exercise price of $79.59, creating ownership of 7,600 shares underlying the option and increasing reported beneficial holdings to 93,520 shares. The same day the report records sales: 7,600 shares sold at an average price of $297.5133 and 5,255 shares sold at $297.733, with reported beneficial ownership after sales at 85,920 shares. The report also discloses 339.027 shares held indirectly in a Gallagher 401(k) plan account. The option vests in three equal annual installments beginning on the third anniversary of the grant.
Hudson Scott R, vicepresidente presso Arthur J. Gallagher & Co. (AJG), ha comunicato più operazioni effettuate in data 09/08/2025. La segnalazione indica l'esercizio di un'opzione non qualificata su 7.600 azioni a un prezzo di esercizio di $79.59, determinando la detenzione sottostante di 7.600 azioni e portando la partecipazione beneficiaria segnalata a 93.520 azioni. Nello stesso giorno il documento riporta vendite: 7.600 azioni vendute a un prezzo medio di $297.5133 e 5.255 azioni vendute a $297.733, con la partecipazione beneficiaria dopo le vendite pari a 85.920 azioni. La relazione evidenzia inoltre 339.027 azioni detenute indirettamente in un conto del piano 401(k) di Gallagher. L'opzione matura in tre rate annuali uguali a partire dal terzo anniversario della concessione.
Hudson Scott R, vicepresidente en Arthur J. Gallagher & Co. (AJG), informó varias transacciones el 09/08/2025. La presentación muestra el ejercicio de una opción sobre acciones no calificada por 7.600 títulos a un precio de ejercicio de $79.59, generando la propiedad subyacente de 7.600 acciones y elevando la tenencia beneficiaria informada a 93.520 acciones. Ese mismo día el informe registra ventas: 7.600 acciones vendidas a un precio medio de $297.5133 y 5.255 acciones vendidas a $297.733, quedando la tenencia beneficiaria tras las ventas en 85.920 acciones. El informe también revela 339.027 acciones mantenidas indirectamente en una cuenta del plan 401(k) de Gallagher. La opción vence en tres cuotas anuales iguales a partir del tercer aniversario de la concesión.
Hudson Scott R, Arthur J. Gallagher & Co.(AJG)의 부사장,이 2025-09-08에 여러 건의 거래를 신고했습니다. 제출서류에는 행사가격 $79.59로 7,600주에 대한 비적격 스톡옵션을 행사하여 해당 옵션에 기초한 7,600주를 보유하게 되었고, 보고된 실질 보유주식이 93,520주로 증가한 것으로 나와 있습니다. 같은 날 문서에는 매도 내역도 기록되어 있는데, 평균가 $297.5133에 7,600주, $297.733에 5,255주를 매도했으며, 매도 후 보고된 실질 보유주식은 85,920주입니다. 또한 보고서에는 Gallagher 401(k) 플랜 계좌에 간접 보유된 339.027주가 공개되어 있습니다. 이 옵션은 부여일의 세 번째 기념일부터 시작하여 3년에 걸쳐 동일한 연간 분할로 가득됩니다.
Hudson Scott R, vice-président chez Arthur J. Gallagher & Co. (AJG), a déclaré plusieurs opérations le 09/08/2025. Le dépôt indique l'exercice d'une option d'achat d'actions non qualifiée pour 7 600 actions à un prix d'exercice de $79.59, entraînant la détention sous-jacente de 7 600 actions et portant les participations bénéficiaires déclarées à 93 520 actions. Le même jour, le rapport enregistre des ventes : 7 600 actions vendues à un prix moyen de $297.5133 et 5 255 actions vendues à $297.733, la participation bénéficiaire déclarée après ventes s'établissant à 85 920 actions. Le rapport divulgue également 339.027 actions détenues indirectement dans un compte du plan 401(k) de Gallagher. L'option acquiert ses droits en trois versements annuels égaux à partir du troisième anniversaire de l'attribution.
Hudson Scott R, Vice President bei Arthur J. Gallagher & Co. (AJG), meldete mehrere Transaktionen am 09/08/2025. Die Einreichung weist die Ausübung einer nicht qualifizierten Aktienoption über 7.600 Aktien zu einem Ausübungspreis von $79.59 aus, wodurch 7.600 zugrunde liegende Aktien gehalten werden und das gemeldete wirtschaftliche Eigentum auf 93.520 Aktien ansteigt. Am selben Tag werden Verkäufe verzeichnet: 7.600 Aktien verkauft zum Durchschnittspreis von $297.5133 und 5.255 Aktien verkauft zu $297.733, wobei das gemeldete wirtschaftliche Eigentum nach den Verkäufen 85.920 Aktien beträgt. Der Bericht offenbart außerdem 339.027 Aktien, die indirekt in einem Gallagher 401(k)-Konto gehalten werden. Die Option vestet in drei gleichen jährlichen Raten, beginnend am dritten Jahrestag der Zuteilung.
- Option exercise disclosed (7,600 shares exercised at $79.59) showing the mechanic of equity compensation was executed and reported
- Timely compliance with Section 16 reporting, including signature by power of attorney and vesting explanation
- Significant disposals reported (7,600 shares sold at ~$297.51 and 5,255 shares sold at $297.733) which reduced beneficial ownership to 85,920 shares
- Potential concentration of insider holdings remains high (tens of thousands of shares), which can be material to some investors
Insights
TL;DR: Officer exercised options and sold shares same day, realizing proceeds while retaining substantial holdings of AJG stock.
The Form 4 shows a standard exercise-and-sell sequence on 09/08/2025: a non-qualified stock option for 7,600 shares was exercised at $79.59 and those shares were then disposed via sale at about $297.51 per share, alongside an additional sale of 5,255 shares at $297.733. Beneficial ownership is reported as 93,520 shares immediately after the option acquisition and 85,920 shares following the disposals. The filing also discloses 339.027 shares held indirectly in a company 401(k) plan. These transactions appear to be personal liquidity events tied to option exercise; the filing notes the option vests in three equal installments starting on the third anniversary of grant, indicating a multi-year vesting schedule.
TL;DR: Insider complied with Section 16 reporting by disclosing exercise, sales, and indirect 401(k) holdings; vesting schedule is noted.
The Form 4 is complete in reporting multiple codes: 'M' (acquisition on exercise) for 7,600 shares at $79.59 and 'S' (sale) entries for 7,600 and 5,255 shares at reported prices near $297.5–$297.73. The filing is signed by a power of attorney and includes the required explanation that one-third of the option vests on each of the third, fourth and fifth anniversaries of the grant date. No amendments or disclaimers are present. For governance review, the filing documents timely disclosure of insider transactions and the presence of indirect plan holdings, both relevant to oversight and insider reporting controls.
Hudson Scott R, vicepresidente presso Arthur J. Gallagher & Co. (AJG), ha comunicato più operazioni effettuate in data 09/08/2025. La segnalazione indica l'esercizio di un'opzione non qualificata su 7.600 azioni a un prezzo di esercizio di $79.59, determinando la detenzione sottostante di 7.600 azioni e portando la partecipazione beneficiaria segnalata a 93.520 azioni. Nello stesso giorno il documento riporta vendite: 7.600 azioni vendute a un prezzo medio di $297.5133 e 5.255 azioni vendute a $297.733, con la partecipazione beneficiaria dopo le vendite pari a 85.920 azioni. La relazione evidenzia inoltre 339.027 azioni detenute indirettamente in un conto del piano 401(k) di Gallagher. L'opzione matura in tre rate annuali uguali a partire dal terzo anniversario della concessione.
Hudson Scott R, vicepresidente en Arthur J. Gallagher & Co. (AJG), informó varias transacciones el 09/08/2025. La presentación muestra el ejercicio de una opción sobre acciones no calificada por 7.600 títulos a un precio de ejercicio de $79.59, generando la propiedad subyacente de 7.600 acciones y elevando la tenencia beneficiaria informada a 93.520 acciones. Ese mismo día el informe registra ventas: 7.600 acciones vendidas a un precio medio de $297.5133 y 5.255 acciones vendidas a $297.733, quedando la tenencia beneficiaria tras las ventas en 85.920 acciones. El informe también revela 339.027 acciones mantenidas indirectamente en una cuenta del plan 401(k) de Gallagher. La opción vence en tres cuotas anuales iguales a partir del tercer aniversario de la concesión.
Hudson Scott R, Arthur J. Gallagher & Co.(AJG)의 부사장,이 2025-09-08에 여러 건의 거래를 신고했습니다. 제출서류에는 행사가격 $79.59로 7,600주에 대한 비적격 스톡옵션을 행사하여 해당 옵션에 기초한 7,600주를 보유하게 되었고, 보고된 실질 보유주식이 93,520주로 증가한 것으로 나와 있습니다. 같은 날 문서에는 매도 내역도 기록되어 있는데, 평균가 $297.5133에 7,600주, $297.733에 5,255주를 매도했으며, 매도 후 보고된 실질 보유주식은 85,920주입니다. 또한 보고서에는 Gallagher 401(k) 플랜 계좌에 간접 보유된 339.027주가 공개되어 있습니다. 이 옵션은 부여일의 세 번째 기념일부터 시작하여 3년에 걸쳐 동일한 연간 분할로 가득됩니다.
Hudson Scott R, vice-président chez Arthur J. Gallagher & Co. (AJG), a déclaré plusieurs opérations le 09/08/2025. Le dépôt indique l'exercice d'une option d'achat d'actions non qualifiée pour 7 600 actions à un prix d'exercice de $79.59, entraînant la détention sous-jacente de 7 600 actions et portant les participations bénéficiaires déclarées à 93 520 actions. Le même jour, le rapport enregistre des ventes : 7 600 actions vendues à un prix moyen de $297.5133 et 5 255 actions vendues à $297.733, la participation bénéficiaire déclarée après ventes s'établissant à 85 920 actions. Le rapport divulgue également 339.027 actions détenues indirectement dans un compte du plan 401(k) de Gallagher. L'option acquiert ses droits en trois versements annuels égaux à partir du troisième anniversaire de l'attribution.
Hudson Scott R, Vice President bei Arthur J. Gallagher & Co. (AJG), meldete mehrere Transaktionen am 09/08/2025. Die Einreichung weist die Ausübung einer nicht qualifizierten Aktienoption über 7.600 Aktien zu einem Ausübungspreis von $79.59 aus, wodurch 7.600 zugrunde liegende Aktien gehalten werden und das gemeldete wirtschaftliche Eigentum auf 93.520 Aktien ansteigt. Am selben Tag werden Verkäufe verzeichnet: 7.600 Aktien verkauft zum Durchschnittspreis von $297.5133 und 5.255 Aktien verkauft zu $297.733, wobei das gemeldete wirtschaftliche Eigentum nach den Verkäufen 85.920 Aktien beträgt. Der Bericht offenbart außerdem 339.027 Aktien, die indirekt in einem Gallagher 401(k)-Konto gehalten werden. Die Option vestet in drei gleichen jährlichen Raten, beginnend am dritten Jahrestag der Zuteilung.
FAQ
What insider transactions did AJG Vice President Hudson Scott R report on 09/08/2025?
How many AJG shares does Hudson Scott R beneficially own after these transactions?
What were the terms of the option exercised by the reporting person?
Does the filing disclose any indirect holdings by the reporting person?
Who signed the Form 4 and when was it filed?
