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EdgarHawk

HOWELL DOUGLAS K

VP & Chief Financial Officer

Officer
6 filings analyzed · 1 company · Latest 2025-12-29

Companies

Company Buys Sells Direction
Arthur J. Gallagher & Co. AJG 0 12 Net selling

Activity

December 2025
high
Sell
5,000 shares
$1,290,242
Significance 6/10

CFO Douglas Howell sold 5,000 AJG shares at $258.05; all 5 prior same-ticker sales preceded 90-day declines averaging -15.6%.

Douglas Howell, VP & Chief Financial Officer, sold 5,000 shares ($1.3M value) on 2025-12-22 at $258.05, reducing his holdings by 5.0% to 95.6K shares. The timing pattern warrants investor attention: his 5 prior sales at AJG were universally well-timed at the 90-day mark, with declines ranging from -15.4% to -20.7% (90-day average -15.6%). The current stock sits -24.6% from its 52-week high and down -15.0% over 90 days—already consistent with the pattern of post-sale weakness Howell's prior transactions preceded. AJG trades at a P/E of 42.17 and recent fundamentals show $3.4B quarterly revenue with +14.7% annual growth, yet the persistent sell pattern by senior management at this price level (relative to the recent peak) suggests a divergence between the company's operational growth and how management is positioning its equity exposure.

September 2025
medium
Sell
14,000 shares
$4,191,935
Significance 5/10

CFO Howell Douglas K sold 14,000 shares (14.0K shares) for $4,191,934.80 ($4.2M) across 4 separate sales on 2025-09-19 and 2025-09-22

Douglas K, VP & Chief Financial Officer, executed 4 separate sales totaling 14,000 shares for $4,191,934.80 at a blended average price of $299.42, reducing his holdings by 12.2% to 100,776 shares (100.8K shares) post-transaction. The sales occurred at prices materially below the current price of $304.36 and near the 52-week range midpoint, while the company reports strong quarterly fundamentals with $3.2B revenue, $365.8M net income, and 14.7% annual revenue growth. Across his cross-ticker trade history, his 17 prior sells exhibited a 90-day well-timed rate of 25.00%, while at Arthur J. Gallagher specifically, 2 of 4 prior measurable sells (at the 90-day mark) were well-timed; however, no FLAG indicating a 10b5-1 plan is present, so timing characterizations are appropriate. This is a material sale by a senior financial officer executed over a two-day window at prices near current levels, warranting investor attention to any forward communications from the company.

medium
Sell
3,000 shares
$899,334
Significance 5/10

CFO Howell Douglas K sold 3,000 AJG shares at $299.78 (2025-09-09); stock now at $300.61, down 13.8% from 52-week high.

CFO Douglas K. Howell sold 3,000 shares for $899,334.00, reducing holdings by 2.5% while retaining 114,776 shares. The sale occurred at $299.78, just $0.83 below the current price of $300.61, placing the transaction near recent intraday levels. However, AJG is -13.8% from its 52-week high of $348.77 and has declined 5.1% over 90 days despite a +3.4% rally in the past 30 days. His prior five AJG sales show mixed 90-day outcomes: two were followed by declines (well-timed), while three saw subsequent gains. Across all tickers, his cross-ticker record shows an average 90-day return of +6.6% after sells (poorly timed at that horizon), though his 90-day well-timed rate of 25.00% indicates occasional precision. The moderate share reduction and high retention level suggest measured portfolio adjustment rather than a major conviction shift, though the timing relative to the stock's pullback from its 52-week high warrants tracking the following 90 days for outcome clarity.

October 2024
medium
Sell
7,000 shares
$1,992,900
Significance 4/10

CFO Douglas K. Howell sells 7,000 AJG shares at $284.70; holds 75,962 post-transaction, reversing recent pattern at $299.55 high.

HOWELL DOUGLAS K sold 7,000 shares (7.0K shares) of Arthur J. Gallagher & Co. at $284.70 on 2024-10-28, reducing his holdings by 8.4% to 75,962 shares. The sale occurs near the company's 52-week high of $299.55 and just days after another sale on 2024-09-19. Looking at his same-ticker history, Howell has sold AJG five times in 2024, with only 1 of the prior 4 measurable sales proving well-timed (negative 90d return). His cross-ticker track record shows 15 prior sells with a 21.43% well-timed rate, meaningfully higher than his 25% accuracy at AJG specifically, suggesting either this ticker presents execution challenges or his sales here have been premature relative to subsequent price movement. The company's fundamentals remain robust (revenue $2.8B, net income $312.6M, annual growth +17.8%, P/E 53.27), but the concentration of sales in recent months—four in the past six weeks—warrants attention to whether the CFO is accessing information about near-term headwinds not yet priced into the stock.

September 2024
medium
Sell
7,000 shares
$1,992,740
Significance 4/10

CFO Howell sells 7,000 AJG shares for $2.0M at $284.68; holdings drop to 76.0K shares.

VP & CFO Howell Douglas K sold 7,000 shares (7.0K shares) of Arthur J. Gallagher & Co. on 2024-09-19 at $284.68 for a total of $1,992,739.70 ($2.0M), reducing his holdings from 83.0K to 76.0K shares (a -8.4% reduction). The trade occurred at a price near the 52-week high of $299.55 (within 5% of the peak) and the current price of $276.06 shows the stock has declined 7.8% from its 52-week high since the transaction. His prior five sells at AJG show mixed timing results: the 2024-05-10, 2024-05-17, and 2024-02-15 sales all yielded positive 90-day returns (ranging from +5.3% to +14.0%), meaning the stock rose after each of those sales, indicating none were prescient of a downturn. No measurable outcome exists yet for the 2024-08-01 sale, and the current 2024-09-19 trade is still within the observable window. The stock's current valuation carries a P/E of 53.09 against $2.8B in quarterly revenue and +17.8% annual revenue growth, providing fundamental context for the position reduction.

August 2024
low
Sell
8,710 shares
$2,482,960
Significance 4/10

CFO Howell Douglas sold 8,710 AJG shares at $285.07 (total $2.5M); stock now at $287.14.

On 2024-08-01, CFO Howell Douglas K sold 8,710 shares of Arthur J. Gallagher & Co. at $285.07, reducing his holdings from 84,672 to 75,962 shares. The stock has since appreciated to $287.14, just 0.0% from its 52-week high of $287.14. Reviewing Douglas's prior sales at AJG, his 5 prior trades at this ticker generated modest post-trade returns: two February 2024 sales showed 90-day gains of +5.3% and +5.1%, while three more recent May 2024 sales lack measurable 90-day outcome data (30-day returns ranged +0.5% to +2.2%). His cross-ticker track record across 13 prior sells shows average 90-day return of +6.9%, with a well-timed rate of 20.0%, suggesting his historical sells have been poorly-timed; the stock has typically risen after he sold. This transaction occurs at near-peak valuations (stock trading near 52-week high, P/E of 55.22) in a business with strong recent fundamentals (revenue $2.8B, +17.8% annual growth), though the modest sale size (-10.3% of pre-transaction holdings) limits the scope for broad directional inference.

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