Walter D. Bay

Insider

First SEC filing: April 1, 2026 · Latest: April 1, 2026

On this page

Insider at Companies where this person is a reporting insider.
Insider transactions Every share this person bought or sold, from Form 4 filings.
Derivatives Options and other derivative holdings reported by this person.
Initial holdings The stakes this person held when they first started reporting.
Compensation Executive pay disclosed in company proxy statements.

Insider at

AJG selling Dec. 19, 2025

Insider transactions

0 buys (P) 1 sells (S) Net: $-4,041,750 + 86 non-open-market transactions below last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

86 other filings hidden

Date	Ticker	Code	Shares	Price	Value	Owned after	Δ own	A/D	vs now
March 31, 2026	AJG	M	1,415	—	—	3,995 Direct	-26.16%	Disposed	(price as of 2026-08-20)
March 31, 2026	AJG	F	627	$215.95	$135,401	83,292 Direct	-0.75%	Disposed	20.6% (price as of 2026-08-20)
March 31, 2026	AJG	M	1,415	$215.95	$305,569	83,919 Direct	+1.72%	Acquired	20.6% (price as of 2026-08-20)
March 15, 2026	AJG	F	2,411	$207.93	$501,319	75,414 Direct	-3.10%	Disposed	25.3% (price as of 2026-08-20)
March 15, 2026	AJG	M	7,090	—	—	82,504 Direct	+9.40%	Acquired	(price as of 2026-08-20)
March 15, 2026	AJG	M	7,090	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
March 15, 2026	AJG	A	7,090	—	—	7,090 Direct	—	Acquired	(price as of 2026-08-20)
March 4, 2026	AJG	A	1,982	$227.01	$449,934	5,399 Direct	+58.00%	Acquired	14.7% (price as of 2026-08-20)
March 1, 2026	AJG	A	16,952	—	—	16,952 Direct	—	Acquired	(price as of 2026-08-20)
Dec. 19, 2025	AJG	M	15,850	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
Dec. 19, 2025	AJG	G	1,724	—	—	77,825 Direct	-2.17%	Disposed	(price as of 2026-08-20)
Dec. 19, 2025	AJG	S	15,850	$255.00	$4,041,750	79,549 Direct	-16.61%	Disposed	2.1% (price as of 2026-08-20)
Dec. 19, 2025	AJG	M	15,850	$79.59	$1,261,502	95,399 Direct	+19.92%	Acquired	227.2% (price as of 2026-08-20)
March 31, 2025	AJG	M	79	—	—	3,395 Direct	-2.27%	Disposed	(price as of 2026-08-20)
March 31, 2025	AJG	F	79	$345.24	$27,274	79,470 Direct	-0.10%	Disposed	-24.6% (price as of 2026-08-20)
March 31, 2025	AJG	M	79	—	—	79,549 Direct	+0.10%	Acquired	(price as of 2026-08-20)
March 15, 2025	AJG	F	3,108	$325.24	$1,010,846	79,549 Direct	-3.76%	Disposed	-19.9% (price as of 2026-08-20)
March 15, 2025	AJG	M	7,180	—	—	82,657 Direct	+9.51%	Acquired	(price as of 2026-08-20)
March 15, 2025	AJG	M	7,180	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
March 15, 2025	AJG	A	7,180	—	—	7,180 Direct	—	Acquired	(price as of 2026-08-20)
March 12, 2025	AJG	F	945	$325.75	$307,834	75,477 Direct	-1.24%	Disposed	-20.0% (price as of 2026-08-20)
March 12, 2025	AJG	M	2,250	—	—	76,422 Direct	+3.03%	Acquired	(price as of 2026-08-20)
March 12, 2025	AJG	M	2,250	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
March 10, 2025	AJG	I	1,401	$321.23	$450,043	3,470 Direct	+67.71%	Acquired	-18.9% (price as of 2026-08-20)
March 1, 2025	AJG	A	11,350	—	—	11,350 Direct	—	Acquired	(price as of 2026-08-20)
Feb. 13, 2025	AJG	S	10,000	$326.62	$3,266,200	74,172 Direct	-11.88%	Disposed	-20.3% (price as of 2026-08-20)
Feb. 5, 2025	AJG	M	94,732	—	—	2,069 Direct	-97.86%	Disposed	(price as of 2026-08-20)
Feb. 5, 2025	AJG	F	40,613	$316.30	$12,845,892	84,172 Direct	-32.55%	Disposed	-17.7% (price as of 2026-08-20)
Feb. 5, 2025	AJG	M	94,732	—	—	124,785 Direct	+315.22%	Acquired	(price as of 2026-08-20)
Dec. 10, 2024	AJG	I	4,942	$283.74	$1,402,243	4,942 Direct	—	Acquired	-8.2% (price as of 2026-08-20)
July 30, 2024	AJG	S	6,335	$284.06	$1,799,520	30,053 Direct	-17.41%	Disposed	-8.3% (price as of 2026-08-20)
June 18, 2024	AJG	S	8,303	$262.74	$2,181,530	36,388 Direct	-18.58%	Disposed	-0.9% (price as of 2026-08-20)
June 17, 2024	AJG	I	9,675	$261.16	$2,526,723	0 Direct	-100.00%	Disposed	-0.3% (price as of 2026-08-20)
May 20, 2024	AJG	M	800	$70.74	$56,592	45,491 Direct	+1.79%	Acquired	268.2% (price as of 2026-08-20)
May 20, 2024	AJG	M	800	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
May 20, 2024	AJG	S	800	$257.24	$205,792	44,691 Direct	-1.76%	Disposed	1.2% (price as of 2026-08-20)
May 17, 2024	AJG	M	8,717	—	—	800 Direct	-91.59%	Disposed	(price as of 2026-08-20)
May 17, 2024	AJG	S	386	$258.11	$99,630	44,691 Direct	-0.86%	Disposed	0.9% (price as of 2026-08-20)
May 17, 2024	AJG	S	4,468	$257.53	$1,150,644	45,077 Direct	-9.02%	Disposed	1.1% (price as of 2026-08-20)
May 17, 2024	AJG	S	3,863	$256.27	$989,971	49,545 Direct	-7.23%	Disposed	1.6% (price as of 2026-08-20)
May 17, 2024	AJG	M	8,717	$70.74	$616,641	53,408 Direct	+19.51%	Acquired	268.2% (price as of 2026-08-20)
May 16, 2024	AJG	M	7,283	$70.74	$515,199	59,550 Direct	+13.93%	Acquired	268.2% (price as of 2026-08-20)
May 16, 2024	AJG	S	7,283	$256.04	$1,864,739	44,691 Direct	-14.01%	Disposed	1.7% (price as of 2026-08-20)
May 16, 2024	AJG	M	7,283	—	—	9,517 Direct	-43.35%	Disposed	(price as of 2026-08-20)
May 16, 2024	AJG	S	7,576	$253.00	$1,916,728	51,974 Direct	-12.72%	Disposed	2.9% (price as of 2026-08-20)
March 16, 2024	AJG	F	3,858	$253.17	$976,730	52,267 Direct	-6.87%	Disposed	2.9% (price as of 2026-08-20)
March 16, 2024	AJG	M	8,914	—	—	56,125 Direct	+18.88%	Acquired	(price as of 2026-08-20)
March 16, 2024	AJG	M	8,914	—	—	2,250 Direct	-79.85%	Disposed	(price as of 2026-08-20)
March 16, 2024	AJG	A	8,914	—	—	11,164 Direct	+396.18%	Acquired	(price as of 2026-08-20)
March 14, 2024	AJG	F	980	$254.91	$249,812	47,211 Direct	-2.03%	Disposed	2.2% (price as of 2026-08-20)
March 14, 2024	AJG	M	3,500	—	—	48,191 Direct	+7.83%	Acquired	(price as of 2026-08-20)
March 14, 2024	AJG	M	3,500	—	—	2,250 Direct	-60.87%	Disposed	(price as of 2026-08-20)
March 4, 2024	AJG	I	1,851	$243.13	$450,034	95,743 Direct	+1.97%	Acquired	7.1% (price as of 2026-08-20)
March 1, 2024	AJG	A	10,884	—	—	10,884 Direct	—	Acquired	(price as of 2026-08-20)
Sept. 15, 2023	AJG	M	21,800	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
Sept. 15, 2023	AJG	S	21,800	$232.00	$5,057,600	44,691 Direct	-32.79%	Disposed	12.3% (price as of 2026-08-20)
Sept. 15, 2023	AJG	M	21,800	$56.86	$1,239,548	66,491 Direct	+48.78%	Acquired	358.0% (price as of 2026-08-20)
March 15, 2023	AJG	A	9,452	—	—	9,452 Direct	—	Acquired	(price as of 2026-08-20)
March 15, 2023	AJG	F	1,773	$177.09	$313,981	44,691 Direct	-3.82%	Disposed	47.1% (price as of 2026-08-20)
March 15, 2023	AJG	M	4,000	—	—	46,464 Direct	+9.42%	Acquired	(price as of 2026-08-20)
March 15, 2023	AJG	M	4,000	—	—	5,750 Direct	-41.03%	Disposed	(price as of 2026-08-20)
March 12, 2023	AJG	F	3,530	$182.76	$645,143	42,464 Direct	-7.67%	Disposed	42.5% (price as of 2026-08-20)
March 12, 2023	AJG	M	9,800	—	—	45,994 Direct	+27.08%	Acquired	(price as of 2026-08-20)
March 12, 2023	AJG	M	9,800	—	—	9,750 Direct	-50.13%	Disposed	(price as of 2026-08-20)
March 12, 2023	AJG	A	9,800	—	—	19,550 Direct	+100.51%	Acquired	(price as of 2026-08-20)
March 10, 2023	AJG	I	3,630	$185.95	$674,998	92,933 Direct	+4.06%	Acquired	40.1% (price as of 2026-08-20)
Aug. 10, 2022	AJG	M	5,100	$43.71	$222,921	38,217 Direct	+15.40%	Acquired	495.8% (price as of 2026-08-20)
Aug. 10, 2022	AJG	S	5,100	$185.00	$943,500	33,117 Direct	-13.34%	Disposed	40.8% (price as of 2026-08-20)
Aug. 10, 2022	AJG	M	5,100	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
Aug. 9, 2022	AJG	M	5,100	$43.71	$222,921	43,317 Direct	+13.34%	Acquired	495.8% (price as of 2026-08-20)
Aug. 9, 2022	AJG	S	5,100	$181.00	$923,100	38,217 Direct	-11.77%	Disposed	43.9% (price as of 2026-08-20)
Aug. 9, 2022	AJG	M	5,100	—	—	5,100 Direct	-50.00%	Disposed	(price as of 2026-08-20)
March 16, 2022	AJG	I	2,843	$158.26	$449,933	88,245 Direct	+3.33%	Acquired	64.6% (price as of 2026-08-20)
March 16, 2022	AJG	M	7,500	—	—	10,200 Direct	-42.37%	Disposed	(price as of 2026-08-20)
March 16, 2022	AJG	F	2,015	$162.67	$327,780	38,215 Direct	-5.01%	Disposed	60.1% (price as of 2026-08-20)
March 16, 2022	AJG	M	4,550	—	—	40,230 Direct	+12.75%	Acquired	(price as of 2026-08-20)
March 16, 2022	AJG	M	4,550	—	—	9,750 Direct	-31.82%	Disposed	(price as of 2026-08-20)
March 16, 2022	AJG	S	7,500	$162.00	$1,215,000	35,680 Direct	-17.37%	Disposed	60.8% (price as of 2026-08-20)
March 16, 2022	AJG	M	7,500	$43.71	$327,825	43,180 Direct	+21.02%	Acquired	495.8% (price as of 2026-08-20)
March 15, 2022	AJG	A	11,405	—	—	11,405 Direct	—	Acquired	(price as of 2026-08-20)
March 14, 2022	AJG	F	2,819	$154.74	$436,212	35,680 Direct	-7.32%	Disposed	68.3% (price as of 2026-08-20)
March 14, 2022	AJG	M	8,450	—	—	38,499 Direct	+28.12%	Acquired	(price as of 2026-08-20)
March 14, 2022	AJG	M	8,450	—	—	14,300 Direct	-37.14%	Disposed	(price as of 2026-08-20)
March 14, 2022	AJG	A	8,450	—	—	22,750 Direct	+59.09%	Acquired	(price as of 2026-08-20)
Feb. 23, 2022	AJG	A	526	$153.73	$80,862	8,737 Direct	+6.41%	Acquired	69.4% (price as of 2026-08-20)
Jan. 31, 2022	AJG	I	2,316	$157.94	$365,789	8,211 Direct	+39.29%	Acquired	64.9% (price as of 2026-08-20)
Dec. 17, 2021	AJG	I	1,139	$164.40	$187,252	5,893 Direct	+23.96%	Acquired	58.4% (price as of 2026-08-20)
Dec. 15, 2021	AJG	I	1,874	$166.62	$312,246	4,754 Direct	+65.07%	Acquired	56.3% (price as of 2026-08-20)
March 17, 2021	AJG	I	3,532	$127.42	$450,047	83,993 Direct	+4.39%	Acquired	104.4% (price as of 2026-08-20)
March 17, 2021	AJG	F	2,245	$128.43	$288,325	30,049 Direct	-6.95%	Disposed	102.8% (price as of 2026-08-20)
March 17, 2021	AJG	M	5,350	—	—	32,294 Direct	+19.86%	Acquired	(price as of 2026-08-20)
March 17, 2021	AJG	M	5,350	—	—	13,850 Direct	-27.86%	Disposed	(price as of 2026-08-20)
March 16, 2021	AJG	A	24,500	—	—	24,500 Direct	—	Acquired	(price as of 2026-08-20)
March 15, 2021	AJG	F	3,178	$127.21	$404,273	26,944 Direct	-10.55%	Disposed	104.7% (price as of 2026-08-20)
March 15, 2021	AJG	M	9,700	—	—	30,122 Direct	+47.50%	Acquired	(price as of 2026-08-20)
March 15, 2021	AJG	M	9,700	—	—	19,200 Direct	-33.56%	Disposed	(price as of 2026-08-20)
March 15, 2021	AJG	A	9,700	—	—	28,900 Direct	+50.52%	Acquired	(price as of 2026-08-20)
Feb. 11, 2021	AJG	I	2,158	$116.33	$251,040	2,881 Direct	+298.48%	Acquired	123.9% (price as of 2026-08-20)
Feb. 8, 2021	AJG	A	722	$117.68	$84,965	722 Direct	—	Acquired	121.3% (price as of 2026-08-20)
Dec. 10, 2020	AJG	M	12,600	$46.17	$581,742	33,022 Direct	+61.70%	Acquired	464.1% (price as of 2026-08-20)

Showing latest 100 of 258 transactions

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Derivative holdings (Form 4 Table II)

Options, RSUs and convertible securities reported on Form 4 Table II.

Date	Ticker	Security	Underlying	Exercise price	Expiration	Shares	A/D
March 31, 2026	AJG	Phantom Stock	Common Stock (1,415)	—	—	1,415	Disposed
March 4, 2026	AJG	Phantom Stock	Common Stock (1,982)	—	—	1,982	Acquired
March 1, 2026	AJG	Non-qualified Stock Option	Common Stock (16,952)	$228.20	March 1, 2033	16,952	Acquired
Dec. 19, 2025	AJG	Non-qualified Stock Option	Common Stock (15,850)	$79.59	March 14, 2026	15,850	Disposed
March 31, 2025	AJG	Phantom Stock	Common Stock (79)	—	—	79	Disposed
March 10, 2025	AJG	Phantom Stock	Common Stock (1,401)	—	—	1,401	Acquired
March 1, 2025	AJG	Non-qualified Stock Option	Common Stock (11,350)	—	March 1, 2032	11,350	Acquired
Feb. 5, 2025	AJG	Phantom Stock	Common Stock (94,732)	—	—	94,732	Disposed
Dec. 10, 2024	AJG	Notional Stock Units	Common Stock (4,942)	—	—	4,942	Acquired
June 17, 2024	AJG	Notional Stock Units	Common Stock (9,675)	—	—	9,675	Disposed
May 20, 2024	AJG	Non-qualified Stock Option	Common Stock (800)	$70.74	March 15, 2025	800	Disposed
May 17, 2024	AJG	Non-qualified Stock Option	Common Stock (8,717)	$70.74	March 15, 2025	8,717	Disposed
May 16, 2024	AJG	Non-qualified Stock Option	Common Stock (7,283)	$70.74	March 15, 2025	7,283	Disposed
March 4, 2024	AJG	Phantom Stock	Common Stock (1,851)	—	—	1,851	Acquired
March 1, 2024	AJG	Non-qualified Stock Option	Common Stock (10,884)	$243.54	March 1, 2031	10,884	Acquired
Sept. 15, 2023	AJG	Non-qualified Stock Option	Common Stock (21,800)	$56.86	March 16, 2024	21,800	Disposed
March 15, 2023	AJG	Non-qualified Stock Option	Common Stock (9,452)	$177.09	March 15, 2030	9,452	Acquired
March 10, 2023	AJG	Phantom Stock	Common Stock (3,630)	—	—	3,630	Acquired
Aug. 10, 2022	AJG	Non-qualified Stock Option	Common Stock (5,100)	$43.71	March 17, 2023	5,100	Disposed
Aug. 9, 2022	AJG	Non-qualified Stock Option	Common Stock (5,100)	$43.71	March 17, 2023	5,100	Disposed
March 16, 2022	AJG	Phantom Stock	Common Stock (2,843)	—	—	2,843	Acquired
March 16, 2022	AJG	Non-qualified Stock Option	Common Stock (7,500)	$43.71	March 17, 2023	7,500	Disposed
March 15, 2022	AJG	Non-qualified Stock Option	Common Stock (11,405)	$158.56	March 15, 2029	11,405	Acquired
Feb. 23, 2022	AJG	Notional Stock Units	Common Stock (526)	—	—	526	Acquired
Jan. 31, 2022	AJG	Notional Stock Units	Common Stock (2,316)	—	—	2,316	Acquired
Dec. 17, 2021	AJG	Notional Stock Units	Common Stock (1,139)	—	—	1,139	Acquired
Dec. 15, 2021	AJG	Notional Stock Units	Common Stock (1,874)	—	—	1,874	Acquired
March 17, 2021	AJG	Phantom Stock	Common Stock (3,532)	—	—	3,532	Acquired
March 16, 2021	AJG	Non-qualified Stock Option	Common Stock (24,500)	$127.90	March 16, 2028	24,500	Acquired
Feb. 11, 2021	AJG	Notional Stock Units	Common Stock (2,158)	—	—	2,158	Acquired
Feb. 8, 2021	AJG	Notional Stock Units	Common Stock (722)	—	—	722	Acquired
Dec. 10, 2020	AJG	Non-qualified Stock Option	Common Stock (12,600)	$46.17	March 11, 2022	12,600	Disposed
March 13, 2020	AJG	Phantom Stock	Common Stock (4,636)	—	—	4,636	Acquired
March 12, 2020	AJG	Non-qualified Stock Option	Common Stock (17,630)	$86.17	March 12, 2027	17,630	Acquired
Dec. 16, 2019	AJG	Non-qualified Stock Option	Common Stock (13,300)	$46.87	March 12, 2021	13,300	Disposed
Dec. 16, 2019	AJG	Non-qualified Stock Option	Common Stock (40,000)	$46.87	March 12, 2021	40,000	Disposed
March 18, 2019	AJG	Phantom Stock	Common Stock (4,393)	—	—	4,393	Acquired
March 14, 2019	AJG	Non-qualified Stock Option	Common Stock (15,850)	$79.59	March 14, 2026	15,850	Acquired
Feb. 15, 2019	AJG	Non-qualified Stock Option	Common Stock (13,800)	$39.17	March 13, 2020	13,800	Disposed
Aug. 16, 2018	AJG	Non-qualified Stock Option	Common Stock (9,100)	$35.71	March 16, 2019	9,100	Disposed
March 19, 2018	AJG	Phantom Stock	Common Stock (4,922)	—	—	4,922	Acquired
March 15, 2018	AJG	Non-qualified Stock Option	Common Stock (16,800)	$70.74	March 15, 2025	16,800	Acquired
Jan. 29, 2018	AJG	Non-qualified Stock Option	Common Stock (1,500)	$26.09	May 13, 2018	1,500	Disposed
Sept. 18, 2017	AJG	Notional Stock Units	Common Stock (4,550)	—	—	4,550	Disposed
March 28, 2017	AJG	Phantom Stock	Common Stock (5,311)	—	—	5,311	Acquired
March 16, 2017	AJG	Non-qualified Stock Option	Common Stock (21,800)	$56.86	March 16, 2024	21,800	Acquired
March 13, 2017	AJG	Notional Stock Units	Common Stock (4,550)	—	—	4,550	Acquired
Feb. 14, 2017	AJG	Non-qualified Stock Option	Common Stock (3,000)	$26.09	May 13, 2018	3,000	Disposed
Feb. 2, 2017	AJG	Non-qualified Stock Option	Common Stock (6,600)	$30.95	March 7, 2018	6,600	Disposed
Sept. 12, 2016	AJG	Incentive Stock Option (Right to Buy)	Common Stock (6,638)	$29.25	Aug. 16, 2017	6,638	Disposed
Sept. 12, 2016	AJG	Incentive Stock Option (Right to Buy)	Common Stock (6,638)	$29.25	Aug. 16, 2017	6,638	Disposed
Sept. 8, 2016	AJG	Non-qualified Stock Option	Common Stock (1,200)	$24.13	March 2, 2017	1,200	Disposed
Sept. 8, 2016	AJG	Non-qualified Stock Option	Common Stock (1,200)	$24.13	March 2, 2017	1,200	Disposed
March 18, 2016	AJG	Phantom Stock	Common Stock (6,969)	—	—	6,969	Acquired
March 18, 2016	AJG	Incentive Stock Option (Right to Buy)	Common Stock (750)	$29.25	Aug. 16, 2017	750	Disposed
March 17, 2016	AJG	Non-qualified Stock Option	Common Stock (17,700)	$43.71	March 17, 2023	17,700	Acquired
March 17, 2016	AJG	Incentive Stock Option (Right to Buy)	Common Stock (7,900)	$29.25	Aug. 16, 2017	7,900	Disposed
March 17, 2016	AJG	Incentive Stock Option (Right to Buy)	Common Stock (497)	$29.25	Aug. 16, 2017	497	Disposed
Aug. 19, 2015	AJG	Notional Stock Units	Common Stock (20,989)	—	—	20,989	Disposed
March 18, 2015	AJG	Phantom Stock	Common Stock (5,281)	—	—	5,281	Acquired
March 11, 2015	AJG	Non-qualified Stock Option	Common Stock (12,600)	$46.17	March 11, 2022	12,600	Acquired
March 10, 2015	AJG	Incentive Stock Option (Right to Buy)	Common Stock (1,215)	$29.25	Aug. 16, 2017	1,215	Disposed
March 6, 2015	AJG	Notional Stock Units	Common Stock (4,900)	—	—	4,900	Acquired
Feb. 19, 2015	AJG	Non-qualified Stock Option	Common Stock (1,500)	$26.09	May 13, 2018	1,500	Disposed
Nov. 3, 2014	AJG	Non-qualified Stock Option	Common Stock (0)	$26.09	May 13, 2018	1,500	Disposed
Nov. 3, 2014	AJG	Non-qualified Stock Option	Common Stock (0)	$23.76	March 5, 2018	639	Disposed
Nov. 3, 2014	AJG	Non-qualified Stock Option	Common Stock (0)	$24.13	March 2, 2017	2,400	Disposed
July 24, 2014	AJG	Notional Stock Units	Common Stock (11,063)	—	—	11,063	Disposed
March 18, 2014	AJG	Phantom Stock	Common Stock (5,343)	—	—	5,343	Acquired
March 12, 2014	AJG	Non-qualified Stock Option	Common Stock (40,000)	$46.87	March 12, 2021	40,000	Acquired
March 12, 2014	AJG	Non-qualified Stock Option	Common Stock (13,300)	$46.87	March 12, 2021	13,300	Acquired
Feb. 28, 2014	AJG	Notional Stock Units	Common Stock (8,690)	—	—	8,690	Acquired
March 13, 2013	AJG	Non-qualified Stock Option	Common Stock (13,800)	$39.17	March 13, 2020	13,800	Acquired
March 4, 2013	AJG	Notional Stock Units	Common Stock (11,063)	—	—	11,063	Acquired
Feb. 13, 2013	AJG	Non-qualified Stock Option	Common Stock (13,000)	$29.25	Aug. 16, 2017	13,000	Disposed
Feb. 12, 2013	AJG	Non-qualified Stock Option	Common Stock (7,500)	$26.09	May 13, 2018	7,500	Disposed
Dec. 19, 2012	AJG	Notional Stock Units	Common Stock (7,399)	—	—	7,399	Acquired
Sept. 13, 2012	AJG	Non-qualified Stock Option	Common Stock (2,558)	$23.76	March 5, 2018	2,558	Disposed
Sept. 13, 2012	AJG	Non-qualified Stock Option	Common Stock (2,400)	$24.13	March 2, 2017	2,400	Disposed
March 16, 2012	AJG	Non-qualified Stock Option	Common Stock (9,100)	$35.71	March 16, 2019	9,100	Acquired
March 8, 2011	AJG	Non-qualified Stock Option	Common Stock (6,600)	$30.95	March 7, 2018	6,600	Acquired
March 2, 2010	AJG	Non-Qualified Stock Option (right to buy)	Common Stock (6,000)	$24.13	March 2, 2017	6,000	Acquired
May 13, 2008	AJG	Non-Qualified Stock Option (right to buy)	Common Stock (15,000)	$26.09	May 13, 2018	15,000	Acquired
March 5, 2008	AJG	Non-Qualified Stock Option (right to buy)	Common Stock (3,197)	$23.76	March 5, 2018	3,197	Acquired
Aug. 16, 2007	AJG	Non-Qualified Stock Option (right to buy)	Common Stock (13,000)	$29.25	Aug. 16, 2017	13,000	Acquired
Aug. 16, 2007	AJG	Incentive Stock Option (right to buy)	Common Stock (17,000)	$29.25	Aug. 16, 2017	17,000	Acquired

Exercise/conversion price is blank when not applicable (e.g. RSUs).

Initial ownership (Form 3) 3 holdings

Securities held when first becoming an insider, per SEC Form 3.

Date	Ticker	Security	Shares	Ownership
Aug. 21, 2007	AJG	Common Stock (restricted)	10,000	Direct
Aug. 21, 2007	AJG	Incentive Stock Option (right to buy)→ Common Stock (17,000)	17,000	Direct
Aug. 21, 2007	AJG	Non-Qualified Stock Option (right to buy)→ Common Stock (13,000)	13,000	Direct

Compensation (DEF 14A)

Matched by name from proxy statements (DEF 14A) — verify against the filing.

AJG

General Counsel

Fiscal year	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension change	Other	Total
2021	$725,000	$500,000	$587,701	$572,810	$1,450,000	—	$583,357	$4,418,868
2020	$675,000	—	$616,115	$176,124	$1,181,250	—	$528,205	—
2019	$675,000	—	$614,833	$169,754	$1,350,000	—	$478,840	—

Figures from the Summary Compensation Table of the company's proxy statement (DEF 14A). Compensation is not a recommendation.