AJG (AJG) CAO Richard Cary has 181 shares withheld for taxes
Rhea-AI Filing Summary
Arthur J. Gallagher & Co. Controller and Chief Accounting Officer Richard C. Cary reported a small, routine tax-related share disposition. On 2026-03-15, 181 shares of Common Stock were withheld at $207.93 per share to cover tax obligations tied to the vesting of restricted stock units, rather than an open-market sale. Following this withholding, he directly holds 50,486.789 shares of common stock, plus 418.699 shares held indirectly through a Gallagher 401(k) plan account.
He also retains several equity-based awards. These include non-qualified stock options over 2,349, 2,265, 1,572 and 1,219 underlying common shares with exercise prices of $127.90, $158.56, $177.09 and $86.17, expiring between 2027-03-12 and 2030-03-15. In addition, he holds 1,018.466 notional stock units and 630.812 phantom stock units, each representing the right to receive one share of Gallagher common stock under deferred compensation arrangements.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 181 | $207.93 | $38K |
| 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 | Phantom Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares withheld to cover applicable tax obligations relating to the vesting of restricted stock units. 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. 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. 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.
