Arthur J. Gallagher (AJG) VP discloses option exercise and share sale
Rhea-AI Filing Summary
Arthur J. Gallagher & Co. executive activity shows a mix of option exercise, sale, and updated equity holdings. On 12/23/2025, a vice president exercised a non-qualified stock option for 4,000 shares of common stock at an exercise price of $79.59 per share, increasing directly held shares.
That same day, the vice president sold 4,000 shares of common stock at an average price of $258.11 per share, based on multiple trades within a $258.000–$258.600 range, and made a gift of 388 shares. After these transactions, the executive directly owned 16,938.7322 shares of common stock and held 418.658 shares indirectly through a Gallagher 401(k) plan account.
The filing also reports 20,125.736 shares of phantom stock and 1,584.532 notional stock units, each representing a right to receive one share of Gallagher common stock, along with multiple non-qualified stock option grants with various exercise prices and expiration dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option | 4,000 | $0.00 | -- |
| Exercise | Common Stock | 4,000 | $79.59 | $318K |
| Sale | Common Stock | 4,000 | $258.11 | $1.03M |
| Gift | Common Stock | 388 | $0.00 | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| holding | Notional Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported is an average weighted price. The shares were sold in multiple transactions on 12/23/2025 at prices ranging from $258.000 to $258.600. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4. In the past, Common Stock and Common Stock (Restricted) were reported as two separate line items. In the future, they will be reported as a combined total as is stated on this Form. 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. One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date. Closing price of Gallagher common stock on February 28, 2025. 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 in this Form 4?
The filing reports that a vice president of Arthur J. Gallagher & Co. exercised a non-qualified stock option for 4,000 shares of common stock on 12/23/2025, then sold 4,000 shares of common stock and made a gift of 388 shares on the same date.
What is the reporting person’s role at Arthur J. Gallagher (AJG)?
The reporting person is identified as an Officer of Arthur J. Gallagher & Co., with the title Vice President, and is not listed as a director or 10% owner.
What derivative and deferred stock awards does the AJG vice president hold?
The filing lists 20,125.736 shares of phantom stock, multiple non-qualified stock options with various exercise prices and expiration dates, and 1,584.532 notional stock units, each tied to one share of Arthur J. Gallagher common stock.
What does the phantom stock reported by the AJG vice president represent?
Each share of phantom stock represents a right to receive one share of Gallagher common stock, and certain awards are associated with the Company’s Age 62 Plan, a nonqualified deferred compensation plan.
How do the notional stock units for the AJG vice president work?
Each notional stock unit represents a right to receive one share of Gallagher common stock, and these units become payable following the reporting person’s separation from service with Gallagher.