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BROWN & BROWN, INC. Director's Dealing 2023

Nov 15, 2023

30146_dirs_2023-11-15_e42c10a1-3f9a-46fc-b677-778f5cff5029.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN & BROWN, INC. (BRO)
CIK: 0000079282
Period of Report: 2023-11-14

Reporting Person: PENNY JEROME SCOTT (EVP Chief Acquisitions Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-11-14 Common Stock, $.10 par value G 2500 $0.00 Disposed 233061 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, $.10 par value (2010 SIP) 26684 Direct
Common Stock, $.10 par value (2019 SIP) 53255 Direct
Common Stock, $.10 par value (Jointly Owned) 357056 Direct
Common Stock, $.10 par value 19424 Indirect
Common Stock, $.10 par value 192 Indirect

Footnotes

F1: A total of 394 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2023. Number of shares may vary due to dividend reinvestment.

F2: These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("2010 SIP"). The Reporting Person has voting rights and dividend entitlement with respect to these shares, but full ownership will not vest until the satisfaction of service-based
conditions.

F3: These securities were granted pursuant to the Company's 2019 Stock Incentive Plan ("2019 SIP"). The Reporting Person has voting rights and dividend entitlement with respect to these shares, but full ownership will not vest until the
satisfaction of service-based conditions.

F4: Owned jointly with spouse.

F5: Based upon information supplied by the plan record keeper as of December 31, 2022. Number of shares varies periodically based on contributions to the plan.

F6: Reporting Person disclaims beneficial ownership of securities owned by children who share the Reporting Person's household. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such
securities for the purpose of Section 16 or for any other purpose.