Form 4: Arthur J. Gallagher & Co. Executive Thomas Gallagher Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


President Thomas Joseph Gallagher reports the vesting of phantom stock and subsequent withholding of shares to cover income and employment taxes.

Summary

  • On March 31, 2025, Thomas Joseph Gallagher, President of Arthur J. Gallagher & Co., reported transactions involving common stock and phantom stock.
  • 105.007 shares of common stock were acquired through the vesting of phantom stock at a price of $0.
  • 105.007 shares were disposed of to cover income and employment taxes, resulting in a price of $345.24.
  • Following these transactions, Gallagher directly owns 340,545.045 shares of common stock.
  • Gallagher also has indirect ownership through various trusts and plans, including a grantor retained annuity trust (62,295 shares), an irrevocable trust (66,709 shares), his wife (32,428 shares), his wife as trustee (118,800 shares), and a 401(k) plan account (418.7 shares).
  • He also directly owns 17,470.705 shares of phantom stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

DateDescription
03/31/2025Date of the stock transactions (acquisition and disposal).
04/02/2025Date of the report filing.

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Thomas Joseph Gallagher, Arthur J. Gallagher & Co., AJG, Phantom Stock, Insider Trading

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