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BROWN & BROWN, INC. — Director's Dealing 2024
Feb 20, 2024
30146_dirs_2024-02-20_934fe471-ce70-4528-8781-92a69904f146.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: 2024-02-19
Reporting Person: Watts R. Andrew (EVP, CFO and Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-19 | Common Stock, $.10 par value (2019 SIP) | A | 27608 | $0.00 | Acquired | 92897 | Direct |
| 2024-02-19 | Common Stock, $.10 par value (2019 SIP) | A | 3930 | $0.00 | Acquired | 96827 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $.10 par value (2010 SIP) | 35581 | Direct |
| Common Stock, $.10 par value | 69007 | Direct |
| Common Stock, $.10 par value | 2383 | Indirect |
Footnotes
F1: These securities were granted pursuant to the Company's 2019 Stock Incentive Plan ("2019 SIP"). The initial grant was made on February 23, 2021, but was subject to the satisfaction of performance-based conditions established in connection with this grant. On February 19, 2024, the Company confirmed the satisfaction of the performance-based conditions established in connection with this grant, and the Reporting Person has voting rights and dividend entitlement with respect to these shares, but full ownership will not vest until the satisfaction of additional service-based conditions.
F2: These securities were granted pursuant to the Company's 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.
F3: 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.
F4: 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. Amount reflects the correction of a clerical error in a filing made on December 19, 2023 that understated the Reporting Person's direct holdings by one share.