Arthur J. Gallagher & Co.
Douglas K Howell (VP & Chief Financial Officer) sells AJG shares
AI-generated summary
Douglas K Howell, VP & Chief Financial Officer of Arthur J. Gallagher & Co., exercised options for 17,130 shares valued at $1,476,092.10 and sold 30,996 shares for a total value of $8,528,401.03. After these transactions, the insider directly held 92,961.323 shares.
Key facts
- Insider
- Douglas K Howell · VP & Chief Financial Officer
| Date | Transaction | Shares | Price | Value | Held after | Ownership |
|---|---|---|---|---|---|---|
| Nov 2, 2026 | M · exercise or conversion of a derivative | +17,130 | $86.17 | $1,476,092.10 | 123,957.323 | Direct |
| Nov 2, 2026 | S · open-market sale | −17,130 | $275.00 | $4,710,750.00 | 106,827.323 | Direct |
| Nov 2, 2026 | S · open-market saleFootnotes F1 | −13,374 | $275.30 | $3,681,902.32 | 93,453.323 | Direct |
| Nov 2, 2026 | S · open-market saleFootnotes F2 | −492 | $275.91 | $135,748.70 | 92,961.323 | Direct |
| Nov 2, 2026 | M · exercise or conversion of a derivativeNon-qualified Stock OptionFootnotes F4 | −17,130 | $0.00 | $0.00 | 0 | Direct |
Footnotes
- F1 The price reported is an average weighted price. The shares were purchased in multiple transactions at prices ranging from $274.84 to $275.465. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F2 The price reported is an average weighted price. The shares were purchased in multiple transactions at prices ranging from $275.91 to $275.92. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F3 The reporting person has no voting or invesment power over these shares and disclaims beneficial ownership.
- F4 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- F5 Each notional stock unit represents a right to receive one share of Gallagher common stock.
- F6 The notional stock units become payable in July 2026 and following the reporting person's separation from service with Gallagher.
- F7 Portions of these notional stock units are payable to the reporting person in shares of common stock in July of 2026, 2028 and 2029 and following the reporting person's separation from service.
- F8 One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- F9 Closing price of Gallagher common stock on February 28, 2025.
- 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.
- F12 Each share of phantom stock represents a right to receive one share of Gallagher common stock.
- F13 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.
Remarks: This report discloses the reporting person's exercise and sale of expiring stock options and the sale of additional shares to cover the reporting person's tax obligations and for other purposes.
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Not investment advice. Summaries can contain errors; the SEC filing is the official record.