Arthur J. Gallagher & Co., a prominent financial services company, has announced that Cary Richard C, the firm's Controller and Chief Accounting Officer, has executed a transaction involving the sale of 4,000 shares of the company's common stock. The shares were sold at a price of $306 each on August 21, 2025.
Arthur J. Gallagher & Co. (NYSE: AJG), a prominent global insurance brokerage, risk management, and consulting services firm, has announced that Cary Richard C, the firm's Controller and Chief Accounting Officer, has executed a transaction involving the sale of 4,000 shares of the company's common stock. The shares were sold at a price of $306 each on August 21, 2025 [1].
This transaction follows the company's recent acquisition of AssuredPartners, a leading U.S. insurance broker with client capabilities across commercial property/casualty, specialty, employee benefits, and personal lines. The acquisition, announced on August 18, 2025, is expected to further expand Gallagher's retail middle-market property/casualty and employee benefits focus across the U.S. [2].
The sale of shares by Richard C is not uncommon among executives and aligns with the company's policy of allowing such transactions. The proceeds from the sale will likely be used for personal investment or other financial planning purposes, as is typical for executives in similar positions.
Arthur J. Gallagher & Co. continues to operate under the guidance of J. Patrick Gallagher, Jr., Chairman and CEO, who expressed excitement about the acquisition and its potential to deliver value to both clients and shareholders [1].
References:
[1] https://finance.yahoo.com/news/arthur-j-gallagher-co-closes-121400440.html
[2] https://www.ainvest.com/news/analyst-maintains-buy-rating-arthur-gallagher-2508/
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