Form 4: Arthur J. Gallagher & Co. CEO J. Patrick Gallagher Jr. Reports Changes in Beneficial Ownership

J. Patrick Gallagher Jr., CEO of Arthur J. Gallagher & Co., reports transactions involving common stock and phantom stock, including vesting and tax withholding.

Summary

• J. Patrick Gallagher Jr., CEO of Arthur J. Gallagher & Co., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• The transactions include the distribution of common stock from the Age 62 Plan following vesting, as well as the withholding of shares to cover applicable taxes.
• On March 31, 2025, 7,051.828 shares of common stock were acquired through the Age 62 Plan at a price of $0, while 3,124.828 shares were disposed of to cover taxes at a price of $345.24.
• Following these transactions, Gallagher directly owns 119,723.3088 shares of common stock.
• He also indirectly owns shares through various trusts and plans, including a spouse's trust (5,328 shares), a corporation (255,965 shares), an irrevocable trust (66,703 shares), a spouse's revocable trust (271,525 shares), a trust for children (218,955 shares), and the Gallagher 401(k) plan account (418.702 shares).
• Additionally, Gallagher holds 135,145.122 shares of phantom stock after the reported transactions.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's securities, ensuring transparency and compliance with SEC regulations.

Key Dates

Keywords

Form 4, beneficial ownership, Arthur J. Gallagher & Co., AJG, common stock, phantom stock, Age 62 Plan, insider trading, J. Patrick Gallagher Jr., CEO