Form 4: Arthur J. Gallagher & Co. Executive Jain Vishal Reports Stock Transactions
SEC Form 4
Vice President Jain Vishal reports acquisition and disposal of Arthur J. Gallagher & Co. stock and derivative securities on March 16, 2024.
Summary
- On March 16, 2024, Jain Vishal, a Vice President at Arthur J. Gallagher & Co., reported transactions involving the company's stock.
- These transactions included the acquisition of 5,490 restricted common stock shares at $0, the disposal of 5,490 restricted common stock shares at $0, the acquisition of 5,490 common stock shares at $0, and the disposal of 2,376 common stock shares at $253.17.
- Following these transactions, Jain Vishal directly owns 47,633 shares of common stock and indirectly owns 367.555 shares through the Gallagher 401(k) plan account.
- The performance share units awarded on March 16, 2021, earned and vested as of March 16, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC 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 executive, which is standard practice for publicly traded companies.
Stakeholder Impact
- The reported transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 03/16/2021 | Performance share units awarded. |
| 03/16/2024 | Date of earliest transaction, performance share units earned and vested. |
| 03/19/2024 | Date of signature. |
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