Arthur J. Gallagher & Co. (NYSE: AJG) VP granted shares, withholds stock for taxes
Rhea-AI Filing Summary
Arthur J. Gallagher & Co. Vice President Mark H. Bloom reported compensation-related equity activity on March 15, 2026. He received 3,506 shares of restricted common stock tied to performance share units that were earned and vested as of that date. These units were converted into common stock, increasing his direct holdings before tax. To cover tax obligations, 793 common shares were withheld at a price of $207.93 per share, leaving him with 3,743 common shares held directly, plus additional indirect holdings through a Gallagher 401(k) plan account.
Bloom also continues to hold several non-qualified stock options on Gallagher common stock, including grants with exercise prices such as $228.20, $337.74, $243.54, $158.56, and $177.09 per share, expiring between 2029 and 2033. He holds phantom stock and notional stock units, each representing the right to receive one share of Gallagher common stock in the future under company plans. The transactions reflect routine vesting, option mechanics, and tax withholding rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (restricted) | 3,506 | $0.00 | -- |
| Exercise | Common Stock (restricted) | 3,506 | $0.00 | -- |
| Exercise | Common Stock | 3,506 | $0.00 | -- |
| Tax Withholding | Common Stock | 793 | $207.93 | $165K |
| holding | Non-qualified Stock Option | -- | -- | -- |
| holding | Phantom Stock | -- | -- | -- |
| 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)
- Performance share units (awarded on March 15, 2023) earned and vested as of March 15, 2026. One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date. 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. Closing price of Gallagher common stock on February 28, 2025. 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. Grant date of 3/15/2022. One-third of this stock option becomes exercisable 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.
