Gallagher Patrick Murphy 4
4 · Arthur J. Gallagher & Co. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
AJG COO Patrick Gallagher Receives 14,698-Share Gift
What Happened Patrick Murphy Gallagher, Chief Operating Officer of Arthur J. Gallagher & Co. (AJG), reported a gift transaction on 2026-05-26 in which 14,698 shares were reported as received (transaction code G) at a $0.00 per-share price (total reported value $0). The filing was submitted on 2026-05-28.
Key Details
- Transaction date: 2026-05-26; Filing date: 2026-05-28 (appears timely).
- Transaction type: Gift (reported as "Acquired" at $0.00); 14,698 shares involved; no cash exchanged.
- Shares owned after the transaction: not specified in the excerpt provided.
- Notable footnotes in the filing: references to shares held in various trusts for family members and the reporting person (e.g., F1–F4) and to deferred/notional awards payable on separation (e.g., F15–F18). These clarify some holdings are held in trust or are deferred/phantom units.
- No indication of a 10b5-1 plan, tax-withholding sale, or an immediate sale of the shares in this filing.
Context Gifts are non-cash transfers and typically reflect estate planning or family transfers rather than a buy/sell judgment on the stock; they do not necessarily signal insider sentiment. Footnotes show some AJG holdings are in trusts or are deferred/notional units that vest or pay out on separation from service, which can affect how ownership is reported.
Insider Transaction Report
- Gift
Common Stock
[F1]2026-05-26+14,698→ 98,105.25 total(indirect: By Trust)
- 21,032(indirect: By Trust)
Common Stock
[F4] - 11,264(indirect: By Trust)
Common Stock
[F2] - 14,167.56
Common Stock
- 491.136(indirect: By 401(k))
Common Stock
- 77,062(indirect: By Trust)
Common Stock
[F3] - 55,109(indirect: By Trust)
Common Stock
- 17,775
Non-qualified Stock Option
[F5]Exercise: $228.20Exp: 2033-03-01→ Common Stock (17,775 underlying) - 17,660.851
Phantom Stock
[F6][F7]→ Common Stock (17,660.851 underlying) - 11,901
Non-qualified Stock Option
[F8][F9]Exercise: $337.74Exp: 2032-03-01→ Common Stock (11,901 underlying) - 11,386
Non-qualified Stock Option
[F10]Exercise: $243.54Exp: 2031-03-01→ Common Stock (11,386 underlying) - 7,255
Non-qualified Stock Option
[F9][F11]Exercise: $127.90Exp: 2028-03-16→ Common Stock (7,255 underlying) - 6,270
Non-qualified Stock Option
[F9][F12]Exercise: $86.17Exp: 2027-03-12→ Common Stock (6,270 underlying) - 6,160
Non-qualified Stock Option
[F13]Exercise: $177.09Exp: 2030-03-15→ Common Stock (6,160 underlying) - 5,510
Non-qualified Stock Option
[F9][F14]Exercise: $158.56Exp: 2029-03-15→ Common Stock (5,510 underlying) - 3,804.562
Phantom Stock
[F6][F15]→ Common Stock (3,804.562 underlying) - 2,351.803
Notional Stock Units
[F16][F17][F18]→ Common Stock (2,351.803 underlying)
Footnotes (18)
- [F1]Shares held in trust for the benefit of the reporting person and immediate family members, of which he and his immediate family members, as applicable, is a trustee.
- [F10]One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- [F11]Grant date of 3/16/2021.
- [F12]Grant date of 3/12/2020.
- [F13]One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- [F14]Grant date of 3/15/2022.
- [F15]These shares represent awards under the Deferred Cash Participation Plan, a nonqualified deferred compensation plan of the Company, which have been deemed invested in Company common stock at the election of the participant. These awards are payable in a lump sum on the six-month anniversary of the reporting person's separation from service.
- [F16]Each notional stock unit represents a right to receive one share of Gallagher common stock.
- [F17]The notional stock units become payable following the reporting person's separation from service with Gallagher.
- [F18]The notional stock units become payable following the reporting person's separation from service with Gallagher.
- [F2]Shares held in trusts, for the benefit of the reporting person's children, of which his wife is sole trustee.
- [F3]Shares held in a revocable trust and an irrevocable trust of which the reporting person's spouse is sole Trustee and as to which he disclaims beneficial ownership
- [F4]Shares held in trust for the benefit of the reporting person's children, of which he is a trustee.
- [F5]One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- [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]Closing price of Gallagher common stock on February 28, 2025.
- [F9]One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.