Form 4: Arthur J. Gallagher & Co. Executive Scott R. Hudson Reports Stock Transactions

Scott R. Hudson, a Vice President at Arthur J. Gallagher & Co., reports the vesting and conversion of restricted stock and performance share units, along with the disposition of shares to cover tax obligations.

Summary

• On March 16, 2024, Scott R. Hudson, a Vice President at Arthur J. Gallagher & Co., engaged in multiple transactions involving the company's stock.
• 8,381 restricted common stock units vested and were converted into common stock.
• Hudson disposed of 3,627 shares of common stock at a price of $253.17 per share.
• Following these transactions, Hudson directly owns 93,082 shares of common stock and indirectly owns 287.612 shares through a Gallagher 401(k) plan account.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and stock ownership changes.

Key Dates