HOWELL DOUGLAS K sold AJG
June 22, 2026 · Form 4 insider transaction
HOWELL DOUGLAS K sold 12,954.386 shares of Arthur J. Gallagher & Co. at $209.08 per share, a transaction worth $2.71M. The trade was recorded as i and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Each notional stock unit represents a right to receive one share of Gallagher common stock.; This disposition of notional stock units is a discretionary transaction by the reporting person to move assets he holds in the company's Supplemental Savings and Thrift Plan ("SS&T Plan"), a nonqualified deferred compensation plan, from the investment option representing Gallagher common stock to cash partially to cover his expected tax obligations as a result of a distribution that will occur in July 2026 under such plan.; 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.; The reporting person's disposition of Gallagher common stock reported herein was matchable under Section 16(b) of the Securities and Exchange Act of 1934, to the extent of 12,892.211 shares the reporting person invested in through the SS&T Plan on February 12, 2026. The reporting person had a loss of approximately $32,123 in connection with this short-swing transaction.