Form 4: Arthur J. Gallagher & Co. Executive Reports Changes in Beneficial Ownership

William F. Ziebell, a Vice President at Arthur J. Gallagher & Co., reports changes in beneficial ownership of company stock, including phantom stock awards.

Summary

• William F. Ziebell, a Vice President of Arthur J. Gallagher & Co. (AJG), filed a Form 4 with the SEC on March 11, 2025.
• The filing reports changes in his beneficial ownership of AJG securities.
• The reported transaction date is March 10, 2025.
• Ziebell holds phantom stock, each share representing a right to receive one share of Gallagher common stock.
• He directly owns 67,694.611 shares of common stock.
• The phantom stock awards are part of the Age 62 Plan, a nonqualified deferred compensation plan.
• Participants vest in these awards at age 62, or after one year for those who have reached age 61.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions and holdings.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.

Comparison to Industry Standards

• Comparing Ziebell's holdings and transactions to those of other executives at Arthur J. Gallagher & Co. and similar insurance brokerage firms (e.g., Marsh & McLennan Companies, Aon plc) would provide context on the scale of his ownership and compensation.
• Industry benchmarks for executive compensation packages, including stock and option awards, can be found in proxy statements and executive compensation reports of peer companies.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive ownership.
• It can influence investor perception of management's alignment with shareholder interests.

Key Dates