Arthur J. Gallagher & Co. — Director's Dealing 2024

Feb 28, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arthur J. Gallagher & Co. (AJG)
CIK: 0000354190
Period of Report: 2024-02-26

Reporting Person: Cavaness Joel D (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-26	Common Stock	M	30067.337	—	Acquired	166820.336	Direct
2024-02-26	Common Stock	F	12012.337	$244.04	Disposed	154807.999	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-26	Phantom Stock	$	M	30067.337	Disposed		Common Stock (30067.337)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2022.63	Indirect
Common Stock	367.575	Indirect

Footnotes

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.