Arthur J. Gallagher (AJG) Controller Cary Richard Sells 1,000 Shares

What Happened

• Cary Richard C, Controller and Chief Accounting Officer of Arthur J. Gallagher & Co. (AJG), reported a sale of 1,000 shares on 2026-09-15 at $252.86 per share, for total proceeds of $252,858. The Form 4 lists the transaction as an "open market or private sale" (code S).

Key Details

• Transaction date and price: 2026-09-15 at $252.86 per share (total $252,858).
• Transaction type: Sale (disposition) — reported as open market or private sale.
• Shares owned after transaction: Not specified in the excerpt provided.
• Filing date / timeliness: Form 4 filed 2026-09-17 — appears to be timely (filed within standard SEC Form 4 reporting window).
• Notable footnotes included in the filing:
  • F1/F2: Certain stock options vest in thirds on the 3rd, 4th and 5th anniversaries of the grant.
  • F3/F4: Notional stock units represent rights to receive one share each and become payable in July 2026 following separation from service.
  • F5: Phantom stock units each represent a right to receive one share.
  • F6: Some shares are awards under the Age 62 nonqualified deferred compensation plan; vesting generally at age 62 (or after one year for those already 61).

Context

• Sales by executives are often routine (for liquidity, tax or diversification reasons) and do not necessarily indicate a change in view about the company. There is no indication in this filing that the sale was part of a 10b5-1 plan or a cashless exercise; the report simply shows a disposition of shares.
• The filing includes several footnotes describing other awards and future vesting/payment terms (options, notional/phantom units, deferred-compensation plan), which reflect other forms of executive compensation but are separate from this specific cash sale.