Pietrucha Susan E 4

What Happened

• Susan E. Pietrucha, Chief Human Resources Officer of Arthur J. Gallagher & Co. (AJG), was granted 1,982.292 phantom shares (reported as a derivative award) on 2026-03-04. The award is reported at a per-share value of $227.01, totaling $450,000. The transaction is coded as an award/grant (A) rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-03-04 at $227.01 per share (total value $450,000).
• Transaction type: Award / derivative grant (code A).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: Each phantom share represents a right to receive one share of Gallagher common stock.
  • F2: The award is under the Age 62 Plan (a nonqualified deferred compensation plan). Participants vest in these awards upon reaching age 62, or after a one‑year period for participants who have already attained age 61.
• Filing timeliness: Form 4 was filed 2026-03-06 for a 2026-03-04 transaction (filed within the typical Form 4 reporting window).

Context

• This is a deferred compensation award (phantom stock) rather than an outright purchase or sale; it represents future rights to shares subject to vesting rules. Such awards are common for executive compensation and do not by themselves indicate immediate buying or selling of stock.