Form 4: Arthur J. Gallagher & Co. Executive Jain Vishal Reports Stock Transactions

Vice President Jain Vishal reports the disposition of common stock to cover taxes related to a vested award under the Age 62 Plan.

Summary

• On April 29, 2024, Jain Vishal, a Vice President at Arthur J. Gallagher & Co., reported transactions involving the company's common stock.
• These transactions included the disposition of 132.845 shares to cover taxes related to a vested award under the Age 62 Plan at a price of $232.91.
• Following the reported transactions, Jain Vishal directly owns 47,500.155 shares of common stock and indirectly owns 367.555 shares through the Gallagher 401(k) plan account.
• Additionally, Jain Vishal directly owns 36,652.725 derivative securities in the form of phantom stock, each representing the right to receive one share of Gallagher common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and helps ensure fair market practices.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they are related to tax obligations and do not represent a significant change in ownership.

Key Dates