Form 4: Arthur J. Gallagher & Co. Executive Howell Douglas K. Reports Stock Transactions
SEC Form 4 Filing
Douglas K. Howell, VP & Chief Financial Officer of Arthur J. Gallagher & Co., reports the vesting of phantom stock and related tax withholding.
Summary
- On March 31, 2025, Douglas K. Howell, VP & Chief Financial Officer of Arthur J. Gallagher & Co., engaged in transactions involving common stock and phantom stock.
- 105.007 shares of common stock were acquired upon the vesting of phantom stock.
- 345.24 shares of common stock were disposed of to cover income and employment taxes related to the vesting.
- Following these transactions, Howell directly owns 81,946.6773 shares of common stock.
- Howell also indirectly owns 3,165 shares through a spouse and 418.691 shares through a Gallagher 401(k) plan account.
- Howell directly owns 4,257.047 shares of phantom stock after the transaction.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions related to executive compensation and tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation and tax-related activities.
Stakeholder Impact
- The transactions have a minimal direct impact on shareholders, as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of earliest transaction (stock acquisition and disposal for tax purposes). |
| 04/02/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Arthur J. Gallagher & Co., Howell Douglas K, Phantom Stock, Tax Withholding
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