Insider trade

Officer purchased ~$463K of AJG shares in the open market

Traded Nov 3, 2025 · Filed Nov 4, 2025

Arthur J. Gallagher & Co.AJG

~$463K
Reported value · 1,874 sh @ $246.822: 40K
Holds after · shares reported: -4.6%
stock since the trade · S&P 500 +11.8%, $242.98 → $231.82 on Oct 1

Why it stands out

Arthur J. Gallagher & Co.'s Vice President spent $463K of their very own money to buy Arthur J. Gallagher & Co. shares.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Nov 3, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 4, 2025

Officer$100K–$500KHoldings +5%

Context

Classification

open market purchase

Code P — open-market or private purchase

Absolute commitment

~$462,544

Shares × reported transaction price

Size band

$100K–$500K

Ownership change

+4.9%

Purchase shares ÷ estimated pre-transaction holdings, from the filing

Rarity

Not enough history to judge

Confirmed open-market purchases by the same insider in the available history

Cluster activity

No other insider purchases within 30 days

Distinct insiders at the same issuer with confirmed open-market purchases

Size vs officer pay

This purchase equals about 7.1% of the average reported total pay of the company's named executive officers other than the CEO, fiscal 2024 ($6.56M)

An average across the officers named in the pay versus performance table of the company's proxy statement (DEF 14A), filed 2026-03-23. This person may not be one of them, so it is not their own pay. A size comparison, not a judgement

Timing vs results

4 days after results of Oct 30, 2025, 87 days before results of Jan 29, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $242.98 on Nov 3, 2025, at its 52-week low, after a 19% drop over the previous 30 trading days

52-week range $242.98 (Nov 3, 2025) to $348.77 (Jun 2, 2025), 0% of the way up, from 250 adjusted closes. 30 trading days earlier: $300.06 on Sep 22, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+3.1%	+0.9%	+2.3%
30 days	-3.4%	+1.2%	-4.6%
90 days	-0.1%	+1.8%	-1.9%
180 days	-16.5%	+6.0%	-22.5%

Past results only. Not a forecast.

Source receipt

Record ID: 0000354190-25-000041
Filed / recorded: Nov 4, 2025, 7:04 AM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Arthur J. Gallagher & Co.
Issuer CIK: 354190
Ticker: AJG
Reporting person: Michael Robert Pesch
Relationship: Officer
Officer title: Vice President
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 3, 2025
Transaction code: P
Shares / units: 1,874
Price per share: $246.822
Acquired / disposed: Acquired (A)
Shares owned after: 40,260.6557
Ownership form: Direct
Amendment: No

Footnotes from the filing

The price reported is an average weighted price. The shares were purchased in multiple transactions on 11/3/2025 at prices ranging from $246.160 to $247.120. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.