Arthur J. Gallagher officer sells $253K in stock
Controller and Chief Accounting Officer Richard C. Cary sold 1,000 AJG shares and reported continuing direct, 401(k), option, notional unit and phantom stock holdings.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Arthur J. Gallagher & Co. officer Richard C. Cary, the Controller and Chief Accounting Officer, reported selling 1,000 shares of common stock on September 15, 2026 at $252.8583 per share, leaving 46,819.487 shares held directly. He also reports indirect holdings through a 401(k) plan and multiple equity-based awards, including stock options, notional stock units and phantom stock. No Rule 10b5-1 trading plan is reported for this sale.
Insider Trade Summary
Net Seller: 1,000 shares
Net Sell
1 txn
Insider
CARY RICHARD C
Role
Controller, CAO
Sold
1,000 shs ($253K)
Share of Position Sold
2.1%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $252.8583 | $253K |
| Holding | Non-qualified Stock Option F1 | -- | -- | -- |
| Holding | Non-qualified Stock Option F1 | -- | -- | -- |
| Holding | Non-qualified Stock Option F2 | -- | -- | -- |
| Holding | Non-qualified Stock Option F1 | -- | -- | -- |
| Holding | Notional Stock Units F3, F4 | -- | -- | -- |
| Holding | Phantom Stock F5, F6 | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 46,819.487 shares (Direct);
Non-qualified Stock Option — 7,405 contracts (Direct);
Notional Stock Units — 1,018.466 contracts (Direct);
Phantom Stock — 160.685 contracts (Direct);
Common Stock — 418.699 shares (Indirect, Gallagher 401(k) plan account)
Holdings Before and After:
Common Stock, 47,819.487 to 46,819.487 shares (Direct)
Other Insiders: 3 other insiders reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (6)
- F1. One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- F2. One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- F3. Each notional stock unit represents a right to receive one share of Gallagher common stock.
- F4. The notional stock units become payable in July 2026 and following the reporting person's separation from service with Gallagher.
- F5. Each share of phantom stock represents a right to receive one share of Gallagher common stock.
- F6. 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.
Key Figures
Common shares sold: 1,000 shares
Sale price per share: $252.8583 per share
Direct common shares after sale: 46,819.487 shares
+5 more
8 metrics
Common shares sold
1,000 shares
Sale of Arthur J. Gallagher & Co. common stock on September 15, 2026
Sale price per share
$252.8583 per share
Price for 1,000 shares of common stock sold on September 15, 2026
Direct common shares after sale
46,819.487 shares
Directly held Arthur J. Gallagher & Co. common stock following the reported sale
Indirect 401(k) holdings
418.699 shares
Common stock held indirectly through a Gallagher 401(k) plan account
Option position at $127.90
2,349 underlying shares
Non-qualified stock option, exercise price $127.90, expiring March 16, 2028
Option position at $158.56
2,265 underlying shares
Non-qualified stock option, exercise price $158.56, expiring March 15, 2029
Notional stock units
1,018.466 units
Each unit represents a right to receive one share of common stock
Phantom stock units
160.685 units
Each share of phantom stock represents a right to receive one share of common stock
Key Terms
Non-qualified Stock Option, notional stock unit, phantom stock, Age 62 Plan
4 terms
Non-qualified Stock Option financial
"One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
notional stock unit financial
"Each notional stock unit represents a right to receive one share of Gallagher common stock"
phantom stock financial
"Each share of phantom stock represents a right to receive one share of Gallagher common stock"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Age 62 Plan financial
"These shares represent awards under the Age 62 Plan, a nonqualified deferred compensation plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AJG’s Controller Richard C. Cary report?
He reported selling 1,000 shares of Arthur J. Gallagher & Co. common stock on September 15, 2026 at a price of $252.8583 per share, and this sale was reported as a direct ownership transaction.
What stock options tied to AJG common stock does Richard C. Cary report?
He reports non-qualified stock options over 2,349 shares at $127.90 expiring March 16, 2028, 2,265 shares at $158.56 expiring March 15, 2029, 1,572 shares at $177.09 expiring March 15, 2030, and 1,219 shares at $86.17 expiring March 12, 2027.
What are the notional stock units and phantom stock reported for AJG?
He holds 1,018.466 notional stock units and 160.685 shares of phantom stock, each representing a right to receive one share of Arthur J. Gallagher & Co. common stock, with the notional units payable beginning in July 2026 following separation from service.
How do Richard C. Cary’s AJG stock options vest according to the filing?
For the non-qualified stock options described, one-third of each option becomes exercisable on each of the third, fourth and fifth anniversaries of the respective grant dates, as stated in the related footnotes to the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
