Arthur J. Gallagher & Co. — Director's Dealing 2023

Jul 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arthur J. Gallagher & Co. (AJG)
CIK: 0000354190
Period of Report: 2023-07-14

Reporting Person: Cavaness Joel D (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-14	Common Stock	M	1574.999	—	Acquired	136752.999	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-14	Notional Stock Units	$	M	1574.999	Disposed		Common Stock (1574.999)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2022.63	Indirect
Common Stock	293.47	Indirect

Footnotes

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

F2: Portions of these notional stock units are payable to the reporting person at the following times: over a two year period beginning July 2023; over a five year period beginning July 2027; in a lump sum on July 2028; over a five year period beginning July 2028; and in a lump sum following the reporting person's separation from service.