Clarke Teresa Hillary 4
Research Summary
AI-generated summary
Arthur J. Gallagher (AJG) Director Teresa H. Clarke Receives Award
What Happened
- Teresa H. Clarke, a director of Arthur J. Gallagher & Co. (AJG), was granted 1,110 restricted stock units (RSUs) on May 12, 2026. The units were issued at $0.00 per share (i.e., no cash paid at grant). This is an award/acquisition (Form 4 transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-12; Form 4 filed: 2026-05-13 (timely filing).
- Grant amount: 1,110 RSUs; acquisition price shown: $0.00.
- Shares beneficially owned after the transaction: not disclosed in the filing.
- Footnote: F1 — RSUs vest on the earlier of one year after the grant date or the reporting person's departure from the Board.
- Exhibit: Ex-24 (Power of Attorney) included with the filing.
Context
- RSU awards are compensation-based grants that typically vest over time or based on service; they are not immediate market purchases and do not by themselves indicate buying or selling sentiment. The footnote indicates these RSUs vest within one year or upon board departure.