Filing Details
- Accession Number:
- 0001127602-23-014940
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-05-08 18:27:38
- Reporting Period:
- 2023-05-04
- Accepted Time:
- 2023-05-08 18:27:38
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 354190 | Arthur J. Gallagher & Co. | AJG | Insurance Agents, Brokers & Service (6411) | 362151613 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1665268 | D Joel Cavaness | 2850 Golf Road Rolling Meadows IL 60008-4002 | Vice President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2023-05-04 | 98 | $0.00 | 145,276 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-05-04 | 98 | $211.72 | 145,178 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2023-05-04 | 23,300 | $56.86 | 168,478 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-05-04 | 33,300 | $210.57 | 135,178 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Phantom Stock | Disposition | 2023-05-04 | 98 | $0.00 | 98 | $0.00 |
| Common Stock | Non-qualified Stock Option | Disposition | 2023-05-04 | 23,300 | $0.00 | 23,300 | $56.86 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 124,671 | No | 4 | M | Direct | ||
| 1,600 | 2024-03-16 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 2,023 | Indirect | By Spouse |
| Common Stock | 293 | Indirect | Gallagher 401(k) plan account |
Footnotes
- Shares sold to cover payment of applicable taxes, in accordance with a schedule determined earlier in the year, with respect to a vested award under the Age 62 Plan.
- The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $210.40 to $210.94. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Each share of phantom stock represents a right to receive one share of Gallagher common stock.
- These shares represent awards under the Age 62 Plan, a nonqualified deferred compensation plan of the Company, which have been deemed invested in Company common stock at the election of the reporting person. Participants vest in these awards when they attain age 62, or after a one-year period for participants who have attained age 61.
- One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
Billionaire Hedge Funds
