Form 4: Arthur J. Gallagher & Co. Executive Reports Stock Transactions
SEC Form 4 Filing
Richard C. Cary, Controller and CAO of Arthur J. Gallagher & Co., reports transactions involving company stock, including the disposition and acquisition of common stock.
Summary
- Richard C. Cary, Controller and CAO of Arthur J. Gallagher & Co., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On March 14, 2024, Cary disposed of 900 shares of restricted common stock at a price of $0.
- On the same day, Cary acquired 900 shares of common stock at a price of $0.
- Following these transactions, Cary directly owns 38,313.75 shares of common stock and indirectly owns 367.582 shares through the Gallagher 401(k) plan account.
- The transactions were executed under transaction code 'M'.
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 company insiders to report their transactions in company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- Shareholders are informed about insider trading activities, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of stock transactions (disposal and acquisition). |
| 03/18/2024 | Date of signature for the report. |
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