AJGArthur J. Gallagher & Co.
Deals with insiders in the proxy filed 2026-03-23
Deals between AJG and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-03-24.
Nothing new: every deal in this year's section was reported last year too.
The whole section
9 paragraphs quoted as filed
How We Review and Approve Related Person Transactions“The company maintains a written Related Person Transactions Policy. We review all relationships and transactions exceeding $120,000 in which the company participates and in which any related person (our directors and executive officers or their immediate family members and any persons owning 5% or more of our common stock) had or will have a direct or indirect material interest, subject to certain exceptions. These include certain transactions that do not require disclosure under Item 404 of Regulation S-K, such as compensation of our executive officers and directors, among others, and which are deemed pre-approved under our Related Person Transactions Policy. The company’s legal staff is primarily responsible for reviewing such relationships and transactions based on the facts and circumstances, and for developing and implementing processes and controls for obtaining and evaluating information about related person transactions. As required by SEC rules, we disclose in this Proxy Statement all such transactions that are determined to be directly or indirectly material to a related person and that are required to be disclosed under Item 404 of Regulation S-K. In addition, the Nominating/Governance Committee reviews and approves or disapproves any such related person transaction. In the course of reviewing and determining whether or not to approve a disclosable related person transaction, the Committee considers the following factors:”
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How We Review and Approve Related Person Transactions“Nature of the related person’s interest in the transaction • Material transaction terms, including the amount involved • Whether the transaction is on terms no less favorable than could have been reached with an unrelated third party • For employment arrangements that require disclosure under Item 404 of Regulation S-K, whether compensation is commensurate with that of other employees with equivalent qualifications and responsibilities and holding similar positions • Importance and potential benefits of the transaction to the related person and to the company • Whether the transaction would impair a director or executive officer’s judgment to act in the company’s best interest • Whether the transaction was undertaken in the ordinary course of business • Any other matters the Committee deems appropriate, including the conflicts of interest and corporate opportunity provisions of our Global Standards of Business Conduct.”
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Related Person Transactions for 2025“Tom Gallagher, our President and one of our named executive officers, is the brother of our CEO. His compensation was approved by the Compensation Committee and is disclosed in the 2025 Summary Compensation Table below. In 2025, the following relatives of Tom Gallagher were employed with us: (i) Michael Gallagher, his son, is a branch manager within our brokerage segment, and received total compensation of $1,137,321, and (ii) Kevin Gallagher, his son, is a strategic planning leader within our brokerage segment, and received total compensation of $530,537.”
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Related Person Transactions for 2025“Patrick Gallagher, our Chief Operating Officer, is the son of our CEO. His compensation was approved by the Compensation Committee and is disclosed in the 2025 Summary Compensation Table below.”
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Related Person Transactions for 2025“In 2025, the following additional relatives of Pat Gallagher, our CEO, were employed with us: (i) Jennifer Gallagher, his sister, is head of a specialty sales unit within our brokerage segment and received total compensation of $1,046,177; (ii) Shannon Gallagher, his daughter, is a marketing partnership development manager and received total compensation of $649,558; (iii) Sean Gallagher, his son, is a regional manager within our brokerage segment and received total compensation of $1,809,612; and (iv) Brendan Gallagher, his son, is a regional manager within our brokerage segment and received total compensation of $1,885,726.”
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Related Person Transactions for 2025“Jonathan Hudson, the son of Scott Hudson, President of our risk management segment, is a producer in our brokerage segment and received total compensation of $467,144 for 2025. Norah Shipman, daughter of David Johnson, one of our directors, is an account executive in our brokerage segment and received total compensation of $145,475 for 2025. John Bickhart, the son-in-law of Doug Howell, our Chief Financial Officer, is a business systems analyst lead and received total compensation of $421,723.”
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Related Person Transactions for 2025“The following relatives of Mike Pesch, our Chief Executive Officer, Global Brokerage - Americas, were employed with us in 2025:”
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Related Person Transactions for 2025“(i) Derek Van der Voort, his brother-in-law, is a branch manager in our brokerage segment and received total compensation of $600,643, and (ii) Wes Van der Voort, his brother-in-law, is a branch manager in our brokerage segment and received total compensation of $891,541.”
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Related Person Transactions for 2025“The total compensation (salary, bonus, and the grant value of equity and cash awards) of each related person described above was commensurate with that of other employees with equivalent qualifications and responsibilities and holding similar positions.”
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Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗