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BROWN & BROWN, INC. — Director's Dealing 2023
Feb 28, 2023
30146_dirs_2023-02-28_77903866-4bf3-425a-bfb5-d8a5edb966f5.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: 2023-02-26
Reporting Person: PENNY JEROME SCOTT (EVP Chief Acquisitions Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-26 | Common Stock, $.10 par value | F | 6834 | $56.47 | Disposed | 214163 | Direct |
| 2023-02-27 | Common Stock, $.10 par value | F | 13628 | $56.47 | Disposed | 235167 | 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: Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 17,364 shares of stock under the Company's 2010 Stock Incentive Plan ("2010 SIP").
F2: A total of 460 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2022. Number of shares may vary due to dividend reinvestment.
F3: Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 34,632 shares of stock under the Company's Performance Stock Plan.
F4: These securities were granted pursuant to the Company's 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.
F5: 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.
F6: Owned jointly with spouse.
F7: 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.
F8: 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.