Arthur J. Gallagher & Co. — Director's Dealing 2022

Dec 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arthur J. Gallagher & Co. (AJG)
CIK: 0000354190
Period of Report: 2022-12-01

Reporting Person: Miskel Christopher C. (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-01	Notional Stock Units	$	I	150.21	Acquired		Common Stock (150.21)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3054.071	Direct
Common Stock (restricted)	1030.6	Direct

Footnotes

F1: Each notional stock unit represents a right to receive one share of Gallagher common stock.

F2: This acquisition resulted from the reporting person's election (pursuant to the Company's Director Deferral Plan) to defer the reporting person's annual cash retainer, which the Company pays on a quarterly basis, into deferred share units that will be distributed in the form of the Company's common stock.

F3: The notional stock units become payable in January 2034 in accordance with the reporting person's election.