J. Scott Penny - 23 Feb 2026 Form 4 Insider Report for BROWN & BROWN, INC. (BRO)

Role
EVP Chief Acquisitions Officer
Signature
/s/ Anthony M. Robinson, for J. Scott Penny, per Power of Attorney
Issuer symbol
BRO
Transactions as of
23 Feb 2026
Net transactions value
-$491,166
Form type
4
Filing time
25 Feb 2026, 08:11:28 UTC
Previous filing
24 Feb 2025
Next filing
02 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
PENNY JEROME SCOTT EVP Chief Acquisitions Officer 300 N. BEACH STREET, DAYTONA BEACH /s/ Anthony M. Robinson, for J. Scott Penny, per Power of Attorney 24 Feb 2026 0001180023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRO Common Stock, $.10 par value Tax liability $491,166 -7,058 -2.5% $69.59 272,674 23 Feb 2026 Direct F1, F2
holding BRO Common Stock, $.10 par value (2019 SIP) 46,480 23 Feb 2026 Direct F3
holding BRO Common Stock, $.10 par value (Jointly Owned) 357,056 23 Feb 2026 Direct F4
holding BRO Common Stock, $.10 par value 19,947 23 Feb 2026 401k F5
holding BRO Common Stock, $.10 par value 192 23 Feb 2026 Children F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 18,946 shares of stock under the Company's 2019 Stock Incentive Plan ("2019 SIP").
F2 A total of 248 of these shares were acquired through the Company's Teammate Stock Purchase Plan in July 2025. Number of shares may vary due to dividend reinvestment.
F3 These securities were granted pursuant to the 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 Owned jointly with spouse.
F5 Based upon information supplied by the plan record keeper as of December 31, 2025. Number of shares varies 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.