R. Andrew Watts - Aug 8, 2024 Form 4 Insider Report for BROWN & BROWN, INC. (BRO)

Signature
/s/ R. Andrew Watts
Stock symbol
BRO
Transactions as of
Aug 8, 2024
Transactions value $
-$250,800
Form type
4
Date filed
8/9/2024, 05:00 PM
Previous filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRO Common Stock, $.10 par value Sale -$251K -2.5K -2.75% $100.32 88.4K Aug 8, 2024 Direct F1, F2, F3
holding BRO Common Stock, $.10 par value (2019 SIP) 96.8K Aug 8, 2024 Direct F4
holding BRO Common Stock, $.10 par value 2.38K Aug 8, 2024 By Watts Family Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction was effected in accordance with the Reporting Person's tax planning strategy.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $100.31 to $100.35, inclusive. The Reporting Person undertakes to provide Brown & Brown, Inc., any security holder of Brown & Brown, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 A total of 357 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2024. Number of shares may vary due to dividend reinvesment.
F4 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.