Arthur J. Gallagher (AJG) director granted 1,110-share RSU award, now holds 43K+ shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROSENTHAL NORMAN L reported acquisition or exercise transactions in this Form 4 filing.
Arthur J. Gallagher & Co. director Norman L. Rosenthal received an equity award of 1,110 shares of Common Stock as a grant. The Form 4 shows this as a restricted stock unit award with no cash price per share. After this award, Rosenthal directly holds 43,326.66 shares of Arthur J. Gallagher & Co. common stock. The restricted stock units vest on the earlier of one year after the grant date or his departure from the Board, making this a routine, compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROSENTHAL NORMAN L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,110 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 43,326.66 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,110 shares
Shares held after transaction: 43,326.66 shares
Grant price per share: $0.0000 per share
3 metrics
RSU grant size
1,110 shares
Restricted stock unit award to director
Shares held after transaction
43,326.66 shares
Direct holdings following grant
Grant price per share
$0.0000 per share
Non-cash equity award
Key Terms
Restricted stock unit, Grant, award, or other acquisition, non-derivative, Form 4
4 terms
Restricted stock unit financial
"Restricted stock unit award vesting on the earlier of one year after the date of grant"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
non-derivative financial
"transaction_type: non-derivative"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did AJG director Norman L. Rosenthal report on this Form 4?
Norman L. Rosenthal reported receiving an equity award of 1,110 shares of Arthur J. Gallagher & Co. Common Stock. The transaction is coded as a grant or award, reflecting stock-based compensation rather than an open-market stock purchase or sale.
When do Norman L. Rosenthal’s new AJG restricted stock units vest?
The restricted stock unit award vests on the earlier of one year after the grant date or Rosenthal’s departure from the Board. This time-based or service-based vesting schedule is typical for director compensation awards at many public companies.