Form 4: Arthur J. Gallagher & Co. Director Reports Stock Transactions
SEC Form 4 Filing
Director Teresa Hillary Clarke reports stock transactions in Arthur J. Gallagher & Co., including the vesting of restricted stock units and acquisition of common stock.
Summary
- On May 9, 2024, Director Teresa Hillary Clarke engaged in transactions involving Arthur J. Gallagher & Co. (AJG) stock.
- Clarke converted 920 restricted stock units into common stock.
- Clarke acquired 920 shares of common stock at $0 per share upon vesting of the restricted stock units.
- Following the transactions, Clarke directly owns 2,880.002 shares of common stock.
- The restricted stock units vested on the earlier of one year after the grant date or Clarke's departure from the Board.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and potential alignment with company performance.
Stakeholder Impact
- The transactions may provide stakeholders with insights into the director's alignment with the company's long-term interests.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of stock transactions: conversion of restricted stock units and acquisition of common stock. |
| 05/13/2024 | Date of signature on the report. |
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