CARY RICHARD C 4
4 · Arthur J. Gallagher & Co. · Filed Nov 20, 2025
Insider Transaction Report
Form 4
CARY RICHARD C
Controller, CAO
Transactions
- Sale
Common Stock
2025-11-18$261.00/sh−6,000$1,566,000→ 50,667.789 total
Holdings
- 2,349
Non-qualified Stock Option
Exercise: $127.90Exp: 2028-03-16→ Common Stock (2,349 underlying) - 850.506
Notional Stock Units
→ Common Stock (850.506 underlying) - 418.699(indirect: By 401(k))
Common Stock
- 627.641
Phantom Stock
→ Common Stock (627.641 underlying) - 1,572
Non-qualified Stock Option
Exercise: $177.09Exp: 2030-03-15→ Common Stock (1,572 underlying) - 1,219
Non-qualified Stock Option
Exercise: $86.17Exp: 2027-03-12→ Common Stock (1,219 underlying) - 2,265
Non-qualified Stock Option
Exercise: $158.56Exp: 2029-03-15→ Common Stock (2,265 underlying)
Footnotes (6)
- [F1]Each share of phantom stock represents a right to receive one share of Gallagher common stock.
- [F2]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.
- [F3]One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- [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 following the reporting person's separation from service with Gallagher.