Form 4: Arthur J. Gallagher & Co. Executive J. Patrick Gallagher Jr. Reports Stock Transactions
SEC Form 4 Filing
J. Patrick Gallagher Jr., President & CEO of Arthur J. Gallagher & Co., reports acquisition and disposal of company stock and derivative securities on March 16, 2024.
Summary
- On March 16, 2024, J. Patrick Gallagher Jr., President & CEO of Arthur J. Gallagher & Co., reported transactions involving the company's stock.
- Gallagher acquired 56,008 restricted common stock shares at $0.
- He disposed of 56,008 restricted common stock shares at $0.
- He acquired 56,008 common stock shares at $0.
- He disposed of 24,237 common stock shares at $253.17.
- Following these transactions, Gallagher directly owns 163,996.1857 shares of common stock.
- He also has indirect ownership through various trusts and plans, including a spouse's trust (23,448 shares), a corporation (255,965 shares), an irrevocable trust (66,703 shares), a spouse (271,525 shares), a trust (219,175 shares), and a Gallagher 401(k) plan account (367.584 shares).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of key executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of the company's CEO.
Key Dates
| Date | Description |
|---|---|
| 03/16/2021 | Performance share units awarded. |
| 03/16/2024 | Date of stock transactions and vesting of performance share units. |
| 03/19/2024 | Date of signature for 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.