GALLAGHER J PATRICK JR 4
4 · Arthur J. Gallagher & Co. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Arthur J. Gallagher (AJG) CEO J. Patrick Gallagher Jr. Gifts 14,698 Shares
What Happened
J. Patrick Gallagher Jr., CEO and Director of Arthur J. Gallagher & Co. (AJG), reported a gift of 14,698 shares on May 26, 2026. The Form 4 shows the transaction as a gift (transaction code G) with $0 cash proceeds reported.
Key Details
- Transaction date: 2026-05-26; Filing date: 2026-05-28 (filed within the typical 2‑business‑day window).
- Transaction type/code: Gift (G). Price per share reported: $0.00; Total proceeds: $0.
- Shares owned after transaction: Not specified in this Form 4.
- Relevant footnotes in the filing: F1 (shares held in revocable trust; reporting person disclaims beneficial ownership), F2/F3 (shares held/held in trust for benefit of children).
- No indication of sale or cash received; this was a non‑market transfer.
Context
Gifts are non‑market transfers (often for estate planning or family transfers) and do not necessarily signal the insider’s view of the company’s prospects. The filing does not show an immediate sale or cashless exercise; it simply records the transfer of shares.
Insider Transaction Report
- Gift
Common Stock
2026-05-26−14,698→ 109,416.964 total
- 270,175(indirect: By Spouse)
Common Stock
[F1] - 255,965(indirect: By Corporation)
Common Stock
- 219,955(indirect: By Trust)
Common Stock
[F2] - 66,703(indirect: By Trust)
Common Stock
- 5,328(indirect: By Trust)
Common Stock
[F3] - 491.142(indirect: By 401(k))
Common Stock
- 153,788.107
Notional Stock Units
[F4][F5]Exercise: $0.00→ Common Stock (153,788.107 underlying) - 139,097.882
Phantom Stock
[F6][F7]→ Common Stock (139,097.882 underlying) - 76,975
Non-qualified Stock Option
[F8]Exercise: $127.90Exp: 2028-03-16→ Common Stock (76,975 underlying) - 68,550
Non-qualified Stock Option
[F8]Exercise: $86.17Exp: 2027-03-12→ Common Stock (68,550 underlying) - 48,449
Non-qualified Stock Option
[F9]Exercise: $228.20Exp: 2033-03-01→ Common Stock (48,449 underlying) - 35,825
Non-qualified Stock Option
[F8]Exercise: $158.56Exp: 2029-03-15→ Common Stock (35,825 underlying) - 30,029
Non-qualified Stock Option
[F10]Exercise: $177.09Exp: 2030-03-15→ Common Stock (30,029 underlying) - 27,210
Non-qualified Stock Option
[F11]Exercise: $243.54Exp: 2031-03-01→ Common Stock (27,210 underlying) - 22,727
Non-qualified Stock Option
[F8]Exercise: $337.74Exp: 2032-03-01→ Common Stock (22,727 underlying)
Footnotes (11)
- [F1]Shares held in revocable trust of which my spouse is sole Trustee and as to which I disclaim beneficial ownership.
- [F10]One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- [F11]One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- [F2]Held in trust for benefit of children.
- [F3]Shares held in trust for the benefit of my children of which I am sole Trustee.
- [F4]Each notional stock unit represents a right to receive one share of Gallagher common stock.
- [F5]The notional stock units become payable following the reporting person's separation from service with Gallagher.
- [F6]Each share of phantom stock represents a right to receive one share of Gallagher common stock.
- [F7]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.
- [F8]One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- [F9]One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.