Arthur J. Gallagher (AJG) director granted 1,110-share restricted stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Harries Richard de Winton Wilkin reported acquisition or exercise transactions in this Form 4 filing.
Arthur J. Gallagher & Co. director Harries Richard de Winton Wilkin reported receiving a grant of 1,110 shares of common stock as a restricted stock unit award. The award vests on the earlier of one year after the grant date or his departure from the Board. Following this grant, he beneficially owns 2,413 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harries Richard de Winton Wilkin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,110 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,413 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,110 shares
Post-transaction holdings: 2,413 shares
Grant price per share: $0.0000 per share
3 metrics
RSU grant size
1,110 shares
Restricted stock unit award to director
Post-transaction holdings
2,413 shares
Common stock beneficially owned after grant
Grant price per share
$0.0000 per share
Equity compensation with no cash paid by director
Key Terms
restricted stock unit award, beneficially owns, grant, award, or other acquisition
3 terms
restricted stock unit award financial
"Restricted stock unit award vesting on the earlier of one year after the date of grant"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
beneficially owns financial
"total_shares_following_transaction": "2413.0000"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transaction did Harries Richard de Winton Wilkin report at Arthur J. Gallagher (AJG)?
He reported an acquisition of 1,110 shares of Arthur J. Gallagher common stock through a restricted stock unit award. This is a compensation-related grant, not an open-market purchase, and increases his direct beneficial ownership to 2,413 shares.
Was the AJG insider transaction by Harries Richard de Winton Wilkin a market buy or sell?
The transaction was a grant or award acquisition, not an open-market buy or sell. It reflects equity compensation granted to him as a director rather than a discretionary trade in Arthur J. Gallagher stock on the open market.
When do the restricted stock units granted to the AJG director vest?
The restricted stock unit award vests on the earlier of one year after the date of grant or the director’s departure from the Board. This vesting schedule ties equity compensation to either continued service or his eventual Board exit.
Does the AJG Form 4 indicate any derivative securities or option exercises for the director?
No derivative securities or option exercises are shown in this Form 4. The filing reports only a non-derivative acquisition of common stock through a restricted stock unit award, with no remaining derivative positions listed in the derivative summary.