GALLAGHER J PATRICK JR 4
Research Summary
AI-generated summary
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.