8-KOther EventsExhibits & Filings

Arthur J. Gallagher & Co. 8-K Report, Corporate Update (May 27, 2011)

Filed May 27, 2011For Securities:AJG

Summary

Arthur J. Gallagher & Co. (AJG) filed an 8-K on May 27, 2011, to report the registration for resale of 327,544 shares of its common stock. This action was taken under an existing automatic shelf registration statement on Form S-3. The filing includes the opinion and consent of Seth Diehl, Esq., Senior Counsel for Corporate & Securities, regarding the validity of these shares, which are incorporated by reference into the registration statement. This filing is primarily a procedural update related to the company's ability to facilitate the sale of existing shares by certain parties. It does not represent new equity issuance by the company, but rather the ability for existing shareholders to sell their holdings. Investors should note that this event pertains to the resale of shares and doesn't directly impact the company's financial performance or operational activities, other than potentially increasing the float of publicly traded shares.

Key Highlights

  • 1Registration for resale of 327,544 shares of AJG common stock.
  • 2Filing made under an automatic shelf registration statement on Form S-3 (Registration Statement No. 333-166533).
  • 3Event date reported as May 26, 2011, filed on May 27, 2011.
  • 4Includes opinion and consent of Seth Diehl, Esq., Senior Counsel, Corporate & Securities, concerning share validity.
  • 5The filing is primarily administrative, allowing existing shares to be offered for sale.
  • 6Does not represent new capital raised by the company.

Frequently Asked Questions

The primary purpose of this filing is to register for resale a specific number of Arthur J. Gallagher & Co. common shares that are already outstanding. This allows current holders of these shares to sell them in the public market.

No, this filing is for the resale of existing shares by current shareholders, not for the issuance of new shares by the company. AJG is not raising new capital through this specific filing.

An automatic shelf registration statement is a filing with the SEC that allows a company to register securities for future sale on a delayed or continuous basis. It provides flexibility for companies to efficiently offer securities to the public when needed, without needing to file a new registration statement each time.

Seth Diehl, Esq., is identified as Senior Counsel, Corporate & Securities for Arthur J. Gallagher & Co. His opinion and consent are included to provide assurance regarding the legal validity and proper registration of the shares being offered for resale.