CARY RICHARD C 4
4 · Arthur J. Gallagher & Co. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Arthur J. Gallagher (AJG) Controller Cary Richard Sells 181 Shares
What Happened
Cary Richard C, Controller and CAO of Arthur J. Gallagher & Co. (AJG), had 181 shares withheld on 2026-03-15 to cover tax obligations related to the vesting of restricted stock units. The shares were valued at $207.93 each, for a total value of approximately $37,635. This disposition is a tax-withholding event (routine), not an open-market sale indicating a change in investment conviction.
Key Details
- Transaction date and price: 2026-03-15 at $207.93 per share.
- Shares disposed/withheld: 181 shares; total value ≈ $37,635.
- Transaction code: F — payment of exercise price or tax liability (withholding to cover taxes).
- Relevant footnote: F1 — shares withheld to cover applicable tax obligations relating to the vesting of restricted stock units.
- Shares owned after transaction: Not specified in the filing.
- Filing date: 2026-03-17 (report covers the 3/15 transaction); filing timeliness not indicated as late.
Context
This was a withholding to satisfy tax liabilities on RSU vesting (a common, administrative transaction). Such withholdings are routine and do not necessarily reflect the insider’s buy/sell sentiment. For derivatives or option-related items, filings typically note whether shares were immediately sold (cashless) — in this case, the action was tax withholding rather than an open-market sale.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-15$207.93/sh−181$37,635→ 50,486.789 total
- 418.699(indirect: By 401(k))
Common Stock
- 2,349
Non-qualified Stock Option
[F2]Exercise: $127.90Exp: 2028-03-16→ Common Stock (2,349 underlying) - 2,265
Non-qualified Stock Option
[F2]Exercise: $158.56Exp: 2029-03-15→ Common Stock (2,265 underlying) - 1,572
Non-qualified Stock Option
[F3]Exercise: $177.09Exp: 2030-03-15→ Common Stock (1,572 underlying) - 1,219
Non-qualified Stock Option
[F2]Exercise: $86.17Exp: 2027-03-12→ Common Stock (1,219 underlying) - 1,018.466
Notional Stock Units
[F4][F5]→ Common Stock (1,018.466 underlying) - 630.812
Phantom Stock
[F6][F7]→ Common Stock (630.812 underlying)
Footnotes (7)
- [F1]Shares withheld to cover applicable tax obligations relating to the vesting of restricted stock units.
- [F2]One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- [F3]One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- [F4]Each notional stock unit represents a right to receive one share of Gallagher common stock.
- [F5]The notional stock units become payable following the reporting person's separation from service with Gallagher.
- [F6]Each share of phantom stock represents a right to receive one share of Gallagher common stock.
- [F7]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.