Form 4: Arthur J. Gallagher & Co. Executive Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Patrick Murphy Gallagher, Chief Operating Officer of Arthur J. Gallagher & Co., reports a disposition of shares and updates to beneficial ownership.
Summary
- On September 19, 2024, Patrick Murphy Gallagher, the Chief Operating Officer of Arthur J. Gallagher & Co., filed a Form 4.
- The filing reports a disposition of 860 shares of Common Stock at $0.
- Following the reported transaction, Gallagher directly owns 36,676.8567 shares of Common Stock.
- Gallagher also indirectly owns shares through various trusts and a 401(k) plan.
- These include shares held by his spouse as trustee (10,120 shares), in the Gallagher 401(k) plan account (367.58 shares), by his spouse's trust (7,964 shares), by trust (80,891 shares), by trust (20,032 shares), and by irrevocable trust (54,859 shares).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- Shareholders are informed about changes in ownership by a key executive.
- The filing provides transparency regarding the executive's holdings.
Key Dates
| Date | Description |
|---|---|
| 09/19/2024 | Date of transaction (disposition of shares). |
| 09/20/2024 | Date of signature on the Form 4 filing. |
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