Arthur J. Gallagher CHRO sells $4.24M in stock after option exercise

Arthur J. Gallagher's Chief Human Resources Officer, Susan E. Pietrucha, sold 15,020 shares of the company's stock on November 9, 2026. The sale netted her around $4.24 million, with shares traded at an average price of $282.30 each. The shares ranged in value from $282.08 to $282.58. This sale came after she exercised 15,020 non-qualified stock options on the same day, paying $86.17 per share, which amounted to approximately $1.29 million.

These options were part of a grant that became exercisable in three increments over five years following the grant date. Arthur J. Gallagher, valued at $71.95 billion with a P/E ratio of 43.2, is considered undervalued by InvestingPro. Ms. Pietrucha now holds a total of 16,791.24 shares directly and an additional 367.31 shares indirectly through a 401(k) plan.

She also has various derivative holdings and phantom stock under the company's Age 62 Plan. The company reported its third-quarter 2026 earnings, with adjusted earnings per share of $3.00, surpassing the forecasted $2.99. Despite this, revenue was below expectations at $3.92 billion. The company saw a 25% growth in net earnings and adjusted EBITDAC.

Arthur J. Gallagher's stock has been upgraded by BMO Capital to Outperform from Market Perform, with a price target of $295, following a positive outlook on adjusted EBITDAC margins in the Brokerage segment.