J. Patrick Gallagher, Jr. has a substantial stake in Arthur J. Gallagher & Co., primarily through performance-based stock options. In 2023, he held around 30,029 stock options with an exercise price of $177.09, worth approximately $1.39 million based on grant...
J. Patrick Gallagher, Jr. has a substantial stake in Arthur J. Gallagher & Co., primarily through performance-based stock options. In 2023, he held around 30,029 stock options with an exercise price of $177.09, worth approximately $1.39 million based on grant date value. His holdings peaked during years of exceptional company performance, notably when he earned $5.8 million in bonuses in 2022. Over the years, his wealth has closely reflected the company's progress and stock performance, demonstrating his commitment and confidence in the company's strategies. Such alignment means when the company performs well, so does he, highlighting a mutual interest in growth.