Form 4: Arthur J. Gallagher & Co. Executive Howell Douglas K Reports Stock Transactions

VP & Chief Financial Officer of Arthur J. Gallagher & Co., Douglas K Howell, reports the distribution of notional stock units in the form of Gallagher common stock.

Summary

• Douglas K Howell, VP & Chief Financial Officer of Arthur J. Gallagher & Co., filed a Form 4 on July 30, 2024.
• The report details changes in beneficial ownership of Arthur J. Gallagher & Co. stock.
• On July 26, 2024, Howell received 8,710 shares of common stock at $0 price related to notional stock units.
• Following the transaction, Howell directly owns 84,672.6773 shares of common stock.
• Howell also indirectly owns 3,165 shares through a spouse and 367.575 shares through a Gallagher 401(k) plan account.
• The distribution of notional stock units is related to equity compensation previously deferred by Howell in the Arthur J. Gallagher & Co. Supplemental Savings and Thrift Plan.
• Portions of these notional stock units are payable in shares of common stock in July of 2024, 2025, 2026, 2028 and 2029 and following the reporting person's separation from service.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, so the sentiment is neutral.

Future Outlook

Portions of these notional stock units are payable in shares of common stock in July of 2024, 2025, 2026, 2028 and 2029 and following the reporting person's separation from service.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates