CARY RICHARD C 4
4 · Arthur J. Gallagher & Co. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Arthur J. Gallagher (AJG) Controller Cary Richard C Sells 3,000 Shares
What Happened
Cary Richard C, Controller and Chief Accounting Officer of Arthur J. Gallagher & Co. (AJG), sold 3,000 shares of AJG stock in an open-market transaction on June 2, 2026. The shares were disposed at $206.00 each, for total proceeds of $618,000. This was a sale (transaction code S), which is commonly a routine disposition rather than a direct bullish signal.
Key Details
- Transaction date and price: 2026-06-02 — 3,000 shares sold at $206.00 per share (total ~$618,000).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Filing date / timeliness: Form 4 dated and filed 2026-06-02 covering the same-date transaction — no late filing indicated in the provided data.
- Related footnotes included in the filing (not necessarily tied to this sale):
- F1/F2: Option vesting schedules — one-third vests on each of the 3rd, 4th and 5th anniversaries of grant.
- F3: Notional stock units each represent a right to receive one share of common stock.
- F4: Notional stock units become payable after separation from service.
- F5: Phantom stock units represent rights to receive one share each.
- F6: Age 62 Plan awards (nonqualified deferred comp) deemed invested in company stock; vest at age 62 (or after one year for participants age 61).
Context
This was an open-market sale of existing shares; no options exercise or award grant is reported as part of this transaction. Sales by officers can be for many reasons (diversification, taxes, personal liquidity) and, by themselves, do not necessarily indicate a change in outlook. Retail investors should consider this single sale in the context of other insider transactions, overall ownership levels, and company fundamentals.
Insider Transaction Report
- Sale
Common Stock
2026-06-02$206.00/sh−3,000$618,000→ 47,819.487 total
- 418.699(indirect: By 401(k))
Common Stock
- 2,349
Non-qualified Stock Option
[F1]Exercise: $127.90Exp: 2028-03-16→ Common Stock (2,349 underlying) - 2,265
Non-qualified Stock Option
[F1]Exercise: $158.56Exp: 2029-03-15→ Common Stock (2,265 underlying) - 1,572
Non-qualified Stock Option
[F2]Exercise: $177.09Exp: 2030-03-15→ Common Stock (1,572 underlying) - 1,219
Non-qualified Stock Option
[F1]Exercise: $86.17Exp: 2027-03-12→ Common Stock (1,219 underlying) - 1,018.466
Notional Stock Units
[F3][F4]→ Common Stock (1,018.466 underlying) - 160.685
Phantom Stock
[F5][F6]→ Common Stock (160.685 underlying)
Footnotes (6)
- [F1]One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- [F2]One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- [F3]Each notional stock unit represents a right to receive one share of Gallagher common stock.
- [F4]The notional stock units become payable following the reporting person's separation from service with Gallagher.
- [F5]Each share of phantom stock represents a right to receive one share of Gallagher common stock.
- [F6]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.