J. Scott Penny - 26 Feb 2026 Form 4 Insider Report for BROWN & BROWN, INC. (BRO)

Signature
/s/ J. Scott Penny
Issuer symbol
BRO
Transactions as of
26 Feb 2026
Net transactions value
$0
Form type
4
Filing time
02 Mar 2026, 17:00:17 UTC
Previous filing
25 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
PENNY JEROME SCOTT EVP Chief Acquisitions Officer 300 N. BEACH STREET, DAYTONA BEACH /s/ J. Scott Penny 26 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 (2019 SIP) Award $0 +13,004 +28% $0.000000 59,484 26 Feb 2026 Direct F1, F2
transaction BRO Common Stock, $.10 par value (2019 SIP) Award $0 +2,676 +4.5% $0.000000 62,160 26 Feb 2026 Direct F2
holding BRO Common Stock, $.10 par value (Jointly Owned) 357,056 26 Feb 2026 Direct F3
holding BRO Common Stock, $.10 par value 272,674 26 Feb 2026 Direct F4
holding BRO Common Stock, $.10 par value 19,947 26 Feb 2026 401k F5
holding BRO Common Stock, $.10 par value 192 26 Feb 2026 Children F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities were granted pursuant to the Company's 2019 Stock Incentive Plan ("2019 SIP"). The initial grant was made on February 20, 2023, but was subject to the satisfaction of performance-based conditions established in connection with this grant. On February 26, 2026, 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 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 Owned jointly with spouse.
F4 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.
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.