Arthur J. Gallagher (NYSE: AJG) president gifts 1,760 shares, retains sizable holdings
Rhea-AI Filing Summary
Arthur J. Gallagher & Co. President Thomas Joseph Gallagher reported several bona fide gifts of Common Stock totaling 1,760 shares on 2026-03-23. The gifts include transfers from both his direct holdings and entities associated with his wife as trustee or holder. After these gifts, he continues to hold substantial direct and indirect positions in Gallagher stock, along with multiple non-qualified stock options, phantom stock, and notional stock units tied to Gallagher common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 264 | $0.00 | -- |
| Gift | Common Stock | 264 | $0.00 | -- |
| Gift | Common Stock | 528 | $0.00 | -- |
| Gift | Common Stock | 264 | $0.00 | -- |
| Gift | Common Stock | 264 | $0.00 | -- |
| Gift | Common Stock | 176 | $0.00 | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| 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 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. These shares are held in trusts, for the benefit of the reporting person's children, of which his wife is a trustee. 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. 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 exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date. Closing price of Gallagher common stock on February 28, 2025. 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. Portions of these notional stock units are payable to the reporting person in shares of common stock in July of 2025 and 2026 and following the reporting person's separation from service.
FAQ
What insider activity did Arthur J. Gallagher & Co. (AJG) report for Thomas Joseph Gallagher?
Does Thomas Joseph Gallagher still hold Arthur J. Gallagher (AJG) stock after these gifts?
Were the Arthur J. Gallagher (AJG) transactions open-market buys or sells?
What derivative and deferred equity positions does Thomas Joseph Gallagher hold in AJG?