Arthur J. Gallagher (AJG) director awarded 1,110 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arthur J. Gallagher & Co. director Teresa Hillary Clarke reported an acquisition of 1,110 shares of common stock as a grant or award, at a stated price of $0.00 per share. This award is structured as restricted stock units that vest on the earlier of one year after the grant date or her departure from the Board.
Following this compensation-related award, Clarke directly holds a total of 5,566.726 shares of Arthur J. Gallagher & Co. common stock. The transaction reflects routine equity compensation for board service rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Clarke Teresa Hillary
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,110 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,566.726 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,110 shares
Grant price: $0.00 per share
Total holdings after grant: 5,566.726 shares
3 metrics
Shares granted
1,110 shares
Restricted stock unit award on May 12, 2026
Grant price
$0.00 per share
Stated price for the award
Total holdings after grant
5,566.726 shares
Direct ownership following the transaction
Key Terms
Restricted stock unit award, Grant, award, or other acquisition, Common Stock
3 terms
Restricted stock unit award financial
"Restricted stock unit award vesting on the earlier of one year after the date of grant or the reporting person's departure from the Board."
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition for 1,110 shares of Common Stock."
Common Stock financial
"security_title: Common Stock reported as a non-derivative award of 1,110 shares."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Teresa Hillary Clarke report in this Arthur J. Gallagher (AJG) Form 4 filing?
Teresa Hillary Clarke reported receiving 1,110 shares of Arthur J. Gallagher common stock as a grant or award. The shares were granted at a stated price of $0.00 per share and are structured as restricted stock units tied to her service on the Board.
Is the Teresa Hillary Clarke AJG Form 4 transaction a market buy or sell?
The Form 4 transaction is not a market buy or sell; it is a grant or award acquisition. The 1,110 shares represent equity compensation rather than an open-market trade, so it mainly reflects standard director compensation practices rather than trading activity.
When do the restricted stock units granted to Teresa Hillary Clarke at AJG vest?
The restricted stock unit award vests on the earlier of one year after the grant date or Teresa Hillary Clarke’s departure from the Arthur J. Gallagher Board. This time-based and service-based vesting schedule aligns the award with continued Board service.
Does the AJG Form 4 mention any derivative securities for Teresa Hillary Clarke?
The filing does not list any derivative securities for Teresa Hillary Clarke in the derivative summary section. The reported activity is limited to a non-derivative grant of 1,110 shares of common stock in the form of restricted stock units.