Arthur J. Gallagher & Co. (NYSE: AJG) reported that Vice President Hudson Scott R. completed two related equity moves on March 6, 2026. On that date, Hudson sold 3,800 shares of the company's common stock for a total of $864,766, with the shares disposed at $227.57 per share.
In the same set of filings, Hudson exercised options to acquire 3,800 shares of Arthur J. Gallagher & Co. common stock at an exercise price of $79.59 per share, resulting in a total cost of $302,442 for the acquired shares.
After these transactions were recorded, Hudson's direct ownership of Arthur J. Gallagher & Co. common stock stands at 85,920 shares. He additionally holds 411.467 shares indirectly through the Gallagher 401(k) plan account. Filings also note that Hudson retains derivative securities, which include Non-qualified Stock Options and Notional Stock Units.
Alongside the insider activity, Arthur J. Gallagher disclosed recent corporate developments affecting its global footprint and market coverage. The company has expanded its U.S. wholesale brokerage presence through the acquisition of S Philips Surety & Insurance Services, Inc., a California-based surety bond provider, via its Risk Placement Services, Inc. division. Financial terms for that purchase were not disclosed.
Gallagher also announced the acquisition of Krose GmbH & Co KG, a commercial insurance and reinsurance broker based in Germany, reflecting further international expansion. No financial details for that transaction were provided in the announcement.
On the equity research front, Mizuho upgraded Arthur J. Gallagher's rating from Neutral to Outperform and set a new price target of $260.00. Mizuho's revision was tied to an estimate of $6.2 billion of adjusted EBITDAC projected for upcoming quarters. Separately, Jefferies analysts commented that artificial intelligence is unlikely to disrupt the operations of commercial property and casualty brokers like Gallagher.
The filings and corporate disclosures provide a snapshot of an executive recalibrating his equity position on the same day as the company continues deal activity and receives analyst attention. The record notes Hudson's retained derivative positions and the continuing expansion of Gallagher's global operations.
Key details:
- Hudson sold 3,800 AJG shares on March 6, 2026 at $227.57 for $864,766.
- Hudson exercised options to acquire 3,800 AJG shares at $79.59 for $302,442 on the same day.
- Post-transactions ownership: 85,920 shares directly and 411.467 shares indirectly via the Gallagher 401(k) plan; holds Non-qualified Stock Options and Notional Stock Units.