Form 4: Arthur J. Gallagher & Co. Executive Thomas Gallagher Reports Stock Transactions
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
| Date | Description |
|---|---|
| 03/31/2025 | Date of the stock transactions (acquisition and disposal). |
| 04/02/2025 | Date 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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