8-KOther EventsExhibits & Filings

Arthur J. Gallagher & Co. 8-K Report, Corporate Update (May 5, 2010)

Filed May 5, 2010For Securities:AJG

Summary

Arthur J. Gallagher & Co. (AJG) filed a Form 8-K on May 5, 2010, primarily to report the registration for resale of 455,554 shares of its common stock. This registration was made under an automatic shelf registration statement (Form S-3) filed on the same date, with a corresponding prospectus supplement. This filing is technical in nature and relates to the potential future sale of existing shares by current holders, rather than a new issuance of stock by the company. The inclusion of legal opinions and consents from Harter Secrest & Emery LLP as exhibits provides necessary validation for these shares. Investors should note that this 8-K does not disclose any new material financial performance or significant operational changes for AJG, but rather facilitates the liquidity of a portion of its outstanding common stock.

Key Highlights

  • 1AJG registered 455,554 shares of common stock for resale.
  • 2The shares are being registered under an automatic shelf registration statement on Form S-3.
  • 3A prospectus supplement was filed concurrently with the registration statement.
  • 4The filing on May 5, 2010, indicates the earliest event date was May 4, 2010.
  • 5Legal opinions and consents from Harter Secrest & Emery LLP are included as exhibits.
  • 6This action is intended to facilitate the resale of existing shares by current shareholders.
  • 7The 8-K does not report on new financial results or significant business events.

Frequently Asked Questions

The primary purpose of this Form 8-K filing is to report the registration of 455,554 shares of Arthur J. Gallagher & Co.'s common stock for resale by current holders. This action makes these shares available for sale in the public market.

No, this filing does not represent a new issuance of shares by the company. It pertains to the resale of existing shares that are already outstanding.

An automatic shelf registration statement (Form S-3) is a filing that allows certain eligible companies to register securities for future sale on a delayed or continuous basis. This provides flexibility for the company and existing shareholders to sell shares when market conditions are favorable.

For investors, this filing signifies increased potential supply of AJG's common stock in the market from the resale of these registered shares. It does not, however, contain new financial performance data or strategic updates from the company.