Bloom Mark H. 4
Research Summary
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Arthur J. Gallagher VP Mark Bloom Receives $350K Phantom Stock Award
What Happened Mark H. Bloom, a Vice President of Arthur J. Gallagher & Co. (AJG), was granted 1,541.782 shares of phantom stock on March 4, 2026. The award is reported at $227.01 per share, for a total value of $350,000. This was an award/derivative acquisition (transaction code A) under a nonqualified deferred compensation arrangement, not an open-market purchase.
Key Details
- Transaction date and terms: March 4, 2026 — 1,541.782 phantom shares @ $227.01 each = $350,000 (grant/award; derivative).
- Filing: Form 4 filed March 6, 2026 (timely relative to the reported transaction date).
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- Each phantom share represents a right to receive one share of Gallagher common stock upon settlement.
- The award is under the "Age 62 Plan," a nonqualified deferred compensation plan; participants vest at age 62 (or after a one-year period for participants who have attained age 61).
Context This was a deferred-compensation award (phantom stock), meaning Bloom has a contractual right to receive company stock in the future subject to the plan’s vesting and settlement rules. Such awards are routine compensation/retirement arrangements for executives and do not reflect an immediate open-market purchase or sale.