AJ Gallagher (NYSE: AJG) VP awarded 6,930 shares; 2,321 used for taxes
Rhea-AI Filing Summary
Arthur J. Gallagher & Co. Vice President William F. Ziebell reported compensation-related equity activity on March 15, 2026. He received a grant of 6,930 restricted common shares, earned from performance share units awarded in 2023. These units were converted into common stock, and 2,321 shares were withheld at $207.93 per share to cover tax obligations, leaving 48,684.8241 common shares held directly. The filing notes it was submitted one day late due to a technical issue and shows substantial remaining phantom stock and non-qualified stock options linked to Gallagher common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 18,469 shares
Net Buy
13 txns
Insider
Ziebell William F
Role
VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (restricted) | 6,930 | $0.00 | $0.00 |
| Exercise | Common Stock (restricted) | 6,930 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,930 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,321 | $207.93 | $483K |
| holding | Phantom Stock | -- | -- | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| holding | Non-qualified Stock Option | -- | -- | -- |
| 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 | -- | -- | -- |
Holdings After Transaction:
Common Stock (restricted) — 0 shares (Direct);
Common Stock — 48,684.8241 shares (Direct);
Phantom Stock — 68,213.391 shares (Direct);
Non-qualified Stock Option — 85,689 shares (Direct);
Notional Stock Units — 6,033.7549 shares (Direct);
Common Stock — 491.139 shares (Indirect, Gallagher 401(k) plan account)
Footnotes (10)
- F1. Filed one day late due to a technical filing issue.
- F2. Performance share units (awarded on March 15, 2023) earned and vested as of March 15, 2026.
- F3. Each share of phantom stock represents a right to receive one share of Gallagher common stock.
- F4. 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.
- F5. One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- F6. Closing price of Gallagher common stock on February 28, 2025.
- F7. One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- F8. One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- F9. Each notional stock unit represents a right to receive one share of Gallagher common stock.
- F10. The notional stock units become payable following the reporting person's separation from service with Gallagher.
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