BROWN & BROWN, INC. — Director's Dealing 2024

Feb 27, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN & BROWN, INC. (BRO)
CIK: 0000079282
Period of Report: 2024-02-25

Reporting Person: Brown P Barrett (EVP and Pres.- Retail Segment)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-25	Common Stock, $.10 par value	F	7978	$84.24	Disposed	1340031	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.10 par value (2019 SIP)	71611	Direct
Common Stock, $.10 par value	2054950	Indirect
Common Stock, $.10 par value	10601	Indirect
Common Stock, $.10 par value	2324	Indirect

Footnotes

F1: Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 17,789 shares of stock under the Company's 2010 Stock Incentive Plan ("2010 SIP").

F2: A total of 395 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.

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: These shares are held by the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust, of which the Reporting Person is a trustee and remainder beneficiary.

F5: Based upon information supplied by the plan record keeper as of December 31, 2023. Number of shares varied 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.