Form 4: Richard C. Cary Reports Changes in Beneficial Ownership of Arthur J. Gallagher & Co. Stock

Richard C. Cary, Controller and CAO of Arthur J. Gallagher & Co., reports transactions involving common stock and phantom stock, including acquisitions and disposals related to the Age 62 Plan.

Summary

• Richard C. Cary, the Controller and CAO of Arthur J. Gallagher & Co. (AJG), filed a Form 4 to report changes in his beneficial ownership of the company's securities.
• On March 31, 2025, Cary acquired 621.551 shares of common stock through the Age 62 Plan at a price of $0.
• On the same day, Cary disposed of 276.511 shares of common stock at $345.24 per share to cover applicable taxes.
• Following these transactions, Cary directly owns 71,028.789 shares of common stock and indirectly owns 418.699 shares through the Gallagher 401(k) plan account.
• Cary also reports owning 627.641 shares of phantom stock after a transaction involving 621.551 shares.
• The filing reports the distribution of Gallagher common stock in the Age 62 Plan and the withholding of shares to cover applicable taxes.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their impact on stock ownership.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives, ensuring compliance with SEC regulations.
• Similar filings are made by executives at comparable companies like Marsh & McLennan Companies and Aon plc, reflecting their transactions in company stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock transactions.
• The transactions are part of the company's compensation plan, impacting employees participating in the Age 62 Plan.

Key Dates

Keywords

Form 4, beneficial ownership, Arthur J. Gallagher & Co., AJG, Richard C. Cary, common stock, phantom stock, Age 62 Plan, securities, transaction