AJG CFO adds 12,892 notional stock units
Arthur J. Gallagher & Co. VP & Chief Financial Officer Douglas K. Howell reported a discretionary acquisition of 12,892.211 notional stock units tied to Gallagher common stock on February 10, 2026.
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Rhea-AI Filing Summary
Arthur J. Gallagher & Co. VP & Chief Financial Officer Douglas K. Howell reported a discretionary acquisition of 12,892.211 notional stock units tied to Gallagher common stock on February 10, 2026. These units were acquired by moving assets within the company’s Supplemental Savings and Thrift Plan into the Gallagher stock investment option.
Each notional stock unit represents a right to receive one share of common stock, with portions payable in shares in July 2026, 2028 and 2029 and after his separation from service. Following this transaction, Howell held 191,318.0546 notional stock units directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Discretionary | Notional Stock Units | 12,892.211 | $212.58 | $2.74M |
| holding | Notional Stock Units | -- | -- | -- |
| 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 | Non-qualified Stock Option | -- | -- | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (10)
- F1. The reporting person has no voting or invesment power over these shares and disclaims beneficial ownership.
- F2. Each notional stock unit represents a right to receive one share of Gallagher common stock.
- F3. Portions of these notional stock units are payable to the reporting person in shares of common stock in July of 2026, 2028 and 2029 and following the reporting person's separation from service.
- F4. The notional stock units become payable following the reporting person's separation from service with Gallagher.
- F5. One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- F6. Closing price of Gallagher common stock on February 28, 2025.
- F7. One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- F8. One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- F9. Each share of phantom stock represents a right to receive one share of Gallagher common stock.
- F10. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AJG CFO Douglas K. Howell report on February 10, 2026?
What are the notional stock units reported by AJG’s CFO in this Form 4?
How many notional stock units did AJG CFO Douglas Howell hold after the reported transaction?
Was the AJG CFO’s February 2026 notional stock unit transaction a market purchase or sale?
How and when will the AJG CFO’s notional stock units be paid out?
AI-generated analysis. How Rhea-AI works. Not financial advice.
