AJG - Arthur J. Gallagher General Counsel Acquires 21800 Shares After Exercising Company Stock Options | Benzinga
Walter Bay, General Counsel at Arthur J. Gallagher (NYSE:AJG), reported a large exercise of company stock options on September 20, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Bay, General Counsel at Arthur J. Gallagher, a company in the Financials sector, just exercised stock options worth 21,800 shares of AJG stock with an exercise price of $56.86.
Arthur J. Gallagher shares are trading up 0.3% at $236.49 at the time of this writing on Wednesday morning. Since the current price is $236.49, this makes Bay's 21,800 shares worth $5,155,482.