AJG Form 4: Controller reports 6,000-share sale at $261
Rhea-AI Filing Summary
Arthur J. Gallagher & Co. (AJG) officer stock transaction disclosed
The company’s Controller and Chief Accounting Officer reported selling 6,000 shares of Arthur J. Gallagher common stock on 11/18/2025 at a price of $261 per share. After this sale, the reporting person holds 50,667.789 shares directly and 418.699 shares through a Gallagher 401(k) plan account.
The filing also details various equity-based awards. These include phantom stock and notional stock units, each representing the right to receive one share of common stock, as well as multiple non-qualified stock options with exercise prices between $86.17 and $177.09 that generally become exercisable in thirds on the 3rd, 4th, and 5th anniversaries of their grant dates, with some options expiring between 03/12/2027 and 03/15/2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,000 | $261.00 | $1.57M |
| holding | Phantom Stock | -- | -- | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| holding | Notional Stock Units | -- | -- | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each share of phantom stock represents a right to receive one share of Gallagher common stock. 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. One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date. One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date. Each notional stock unit represents a right to receive one share of Gallagher common stock. The notional stock units become payable following the reporting person's separation from service with Gallagher.
FAQ
What insider transaction did Arthur J. Gallagher (AJG) report on this Form 4?
The Controller and Chief Accounting Officer of Arthur J. Gallagher & Co. (AJG) reported an open-market sale of 6,000 shares of AJG common stock on 11/18/2025 at a price of $261 per share.
What types of derivative or equity-based awards are disclosed for the AJG officer?
The filing lists phantom stock, notional stock units, and several non-qualified stock options. Each phantom or notional stock unit represents a right to receive one share of Arthur J. Gallagher common stock.
How do the Age 62 Plan awards work for Arthur J. Gallagher (AJG)?
The phantom stock awards under the Age 62 Plan, a nonqualified deferred compensation plan, are deemed invested in AJG common stock. Participants vest when they attain age 62, or after one year if they have already attained age 61.
When do the non-qualified stock options for the AJG officer become exercisable?
For the non-qualified stock options disclosed, one-third of each grant generally becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date, with expiration dates including 03/12/2027, 03/16/2028, 03/15/2029, and 03/15/2030.
What triggers payment of the notional stock units for the Arthur J. Gallagher officer?
Each notional stock unit represents a right to receive one share of AJG common stock, and the units become payable following the reporting person’s separation from service with Arthur J. Gallagher.