A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 11 filings in this group are Form 4s for Arthur J. Gallagher & Co.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 11 insider filings shown, the breakdown is 4 open-market sale, 3 option exercise, 3 gift and 1 compensation award. 4 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-09-17
AJG insider CARY RICHARD C (Controller, CAO) sold 1,000 shares (~$252.9K)
CARY RICHARD C, listed as Controller, CAO at Arthur J. Gallagher & Co., reported an open-market sale of 1,000 AJG shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
1,000 |
$252.86 |
$252.9K |
Filing: Form 4 (Insider Transaction)
Insider: CARY RICHARD C (Controller, CAO)
Shares: 1,000
Est. Value: $252.9K
Form 4
Gift
Tax / Compensation Filing
2026-09-10
AJG insider Form 4 filed for equity award, exercise, or tax withholding
Gallagher Patrick Murphy (Chief Operating Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were transferred as a gift, typically for estate or charitable planning. No sale into the market took place.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
G |
Gift
|
49,988 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Gallagher Patrick Murphy (Chief Operating Officer)
Shares: 49,988
Form 4
Gift
Tax / Compensation Filing
2026-09-10
AJG insider Form 4 filed for equity award, exercise, or tax withholding
GALLAGHER J PATRICK JR (Director, CEO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were transferred as a gift, typically for estate or charitable planning. No sale into the market took place.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
G |
Gift
|
49,988 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: GALLAGHER J PATRICK JR (Director, CEO)
Shares: 49,988
Form 4
Open-market sale
Insider Selling
2026-09-04
AJG insider Hudson Scott R (Vice President) sold 12,000 shares (~$3.17M)
Hudson Scott R, listed as Vice President at Arthur J. Gallagher & Co., reported an open-market sale of 12,000 AJG shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
12,000 |
$86.17 |
$1.03M |
S |
Open-market sale
|
12,000 |
$264.13 |
$3.17M |
M |
Option exercise
derivative · Non-qualified Stock Option
|
12,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Hudson Scott R (Vice President)
Shares: 12,000
Est. Value: $3.17M
Form 4
Compensation award
Tax / Compensation Filing
2026-09-02
AJG insider Form 4 filed for equity award, exercise, or tax withholding
Miskel Christopher C. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
152 |
$262.00 |
$39.8K |
Filing: Form 4 (Insider Transaction)
Insider: Miskel Christopher C. (Director)
Shares: 152
Form 4
Open-market sale
Insider Selling
2026-08-26
AJG insider Bay Walter D. (General Counsel) sold 12,000 shares (~$3.24M)
Bay Walter D., listed as General Counsel at Arthur J. Gallagher & Co., reported an open-market sale of 12,000 AJG shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
12,000 |
$270.08 |
$3.24M |
Filing: Form 4 (Insider Transaction)
Insider: Bay Walter D. (General Counsel)
Shares: 12,000
Est. Value: $3.24M
Form 4
Open-market sale
Insider Selling
2026-08-20
AJG insider Mead Christopher E (VICE PRESIDENT) sold 3,500 shares (~$899.6K)
Mead Christopher E, listed as VICE PRESIDENT at Arthur J. Gallagher & Co., reported an open-market sale of 3,500 AJG shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
3,500 |
$86.17 |
$301.6K |
S |
Open-market sale
|
3,500 |
$257.02 |
$899.6K |
M |
Option exercise
derivative · Non-qualified Stock Option
|
3,500 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Mead Christopher E (VICE PRESIDENT)
Shares: 3,500
Est. Value: $899.6K
Form 4
Option exercise
Tax / Compensation Filing
2026-08-18
AJG insider Form 4 filed for equity award, exercise, or tax withholding
Bloom Mark H. (Vice President) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
1,280 |
— |
— |
F |
Tax withholding on vested shares
|
606 |
$251.21 |
$152.2K |
M |
Option exercise
derivative · Phantom Stock
|
1,280 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Bloom Mark H. (Vice President)
Shares: 1,886
Form 4
Gift
Tax / Compensation Filing
2026-08-07
AJG insider Form 4 filed for equity award, exercise, or tax withholding
Gallagher Patrick Murphy (Chief Operating Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were transferred as a gift, typically for estate or charitable planning. No sale into the market took place.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
G |
Gift
|
23,800 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Gallagher Patrick Murphy (Chief Operating Officer)
Shares: 23,800
Form 4
Option exercise
Tax / Compensation Filing
2026-07-06
AJG insider Form 4 filed for equity award, exercise, or tax withholding
Jain Vishal (VICE PRESIDENT) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
2,162 |
$229.57 |
$496.3K |
M |
Option exercise
derivative · Notional Stock Units
|
2,162 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Jain Vishal (VICE PRESIDENT)
Shares: 2,162
Form 4
Option exercise
Tax / Compensation Filing
2026-07-06
AJG insider Form 4 filed for equity award, exercise, or tax withholding
GALLAGHER THOMAS JOSEPH (President) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
351 |
$229.57 |
$80.6K |
M |
Option exercise
derivative · Notional Stock Units
|
351 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: GALLAGHER THOMAS JOSEPH (President)
Shares: 351