Form 4: Arthur J. Gallagher & Co. CEO Reports Changes in Beneficial Ownership
SEC Form 4 Filing
CEO J. Patrick Gallagher Jr. reports changes in beneficial ownership of Arthur J. Gallagher & Co. stock, including dispositions and holdings through various trusts and plans.
Summary
- On October 30, 2024, J. Patrick Gallagher Jr., CEO of Arthur J. Gallagher & Co., reported changes in his beneficial ownership of the company's stock.
- The reported transactions involve a disposition of 10,065 shares of common stock at $0 per share.
- Following the reported transaction, Gallagher directly owns 146,945.3028 shares of common stock.
- He also indirectly owns shares through an irrevocable trust (66,703 shares), his spouse's trust (23,448 shares), a corporation (255,965 shares), his spouse (271,525 shares), a trust for his children (219,655 shares), and the Gallagher 401(k) plan account (367,584 shares).
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports changes in ownership.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CEO's stake in the company.
- It assures stakeholders that insider transactions are being monitored and reported as required by law.
Key Dates
| Date | Description |
|---|---|
| 10/30/2024 | Date of transaction involving common stock. |
| 11/01/2024 | Date of signature by power of attorney. |
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