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 acquisitions through various trusts and plans.
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 stock.
- The reported transactions include dispositions of 75,205 shares of common stock on March 7, 2025, and 5,328 shares on March 11, 2025.
- These dispositions were offset by acquisitions of 75,205 shares of common stock on March 7, 2025.
- The transactions involve shares held directly, indirectly through a spouse, spouse's trust, a corporation, irrevocable trusts, and the Gallagher 401(k) plan account.
- Gallagher also reported holdings of phantom stock, representing the right to receive 5,292.159 shares of Gallagher common stock, valued at $321.23 per share.
- These phantom stock shares are awards under the Age 62 Plan, a nonqualified deferred compensation plan, vesting at age 62 or after one year for those who have attained age 61.
Sentiment
Score: 5
Explanation: This is a routine filing, so the sentiment is neutral. It simply reflects changes in ownership.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as an indicator of management's confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Transaction date for the disposition and acquisition of 75,205 shares of common stock. |
| 03/10/2025 | Transaction date for phantom stock. |
| 03/11/2025 | Transaction date for the disposition of 5,328 shares of common stock and signature date of the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.