J. Hyatt Brown - 31 Dec 2024 Form 4 Insider Report for BROWN & BROWN, INC. (BRO)

Role: Chairman, Director, 10%+ Owner
Signature: /s/ J. Hyatt Brown
Issuer symbol: BRO
Transactions as of: 31 Dec 2024
Net transactions value: $0
Form type: 4
Filing time: 02 Jan 2025, 17:00:03 UTC
Previous filing: 16 Dec 2024
Next filing: 15 Dec 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRO	Common Stock, $.10 par value	Gift	$0	-100,360	-4.9%	$0.000000	1,954,590	31 Dec 2024	Charitable Lead Annuity Trust	F1
holding	BRO	Common Stock, $.10 par value						35,998,968	31 Dec 2024	Limited Partnership	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are held by the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust, of which the Reporting Person's spouse and three children are the trustees and of which his three children are the remainder beneficiaries.
F2	These shares are held by Ormond Riverside, Limited Partnership (the "Limited Partnership"), of which Swakopmund, Inc. is the General Partner that has voting and investment power over such shares. Swakopmund, Inc. is 100% owned by the Swakopmund Trust of 2009, a revocable trust created by the Reporting Person, who is the sole trustee thereof and retains the sole voting and investment powers with respect to all the shares of Swakopmund, Inc.

Content

These shares are held by the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust, of which the Reporting Person's spouse and three children are the trustees and of which his three children are the remainder beneficiaries.

These shares are held by Ormond Riverside, Limited Partnership (the "Limited Partnership"), of which Swakopmund, Inc. is the General Partner that has voting and investment power over such shares. Swakopmund, Inc. is 100% owned by the Swakopmund Trust of 2009, a revocable trust created by the Reporting Person, who is the sole trustee thereof and retains the sole voting and investment powers with respect to all the shares of Swakopmund, Inc.