March 4, 2024 · Form 4 insider transaction
Bay Walter D. bought 1,850.86 shares of Arthur J. Gallagher & Co. at $243.13 per share, a transaction worth $450.0K. The trade was recorded as i and disclosed on an SEC Form 4, filed 1 day after the transaction.
Each share of phantom stock represents a right to receive one share of Gallagher common stock.; 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.