J. Hyatt Brown - Dec 31, 2022 Form 5 Insider Report for BROWN & BROWN, INC. (BRO)

Role
Chairman, Director, 10%+ Owner
Signature
/s/ J. Hyatt Brown
Stock symbol
BRO
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
1/27/2023, 04:02 PM
Previous filing
Feb 14, 2022
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRO Common Stock, $.10 par value Gift $0 -1.65K -100% $0.00* 0 Dec 15, 2022 Revocable Trust F1, F2
transaction BRO Common Stock, $.10 par value Gift $0 -183K -7.66% $0.00 2.2M Dec 30, 2022 Charitable Lead Annuity Trust F3
holding BRO Common Stock, $.10 par value 37.6M Dec 31, 2022 Limited Partnership F4
holding BRO Common Stock, $.10 par value 136K Dec 31, 2022 IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amount reflects 1,650 shares transferred from the Limited Partnership to the Revocable Trust in December 2022.
F2 These shares are held by a revocable trust (the "Revocable Trust"), of which the Reporting Person and his spouse are the sole trustees and beneficiaries.
F3 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.
F4 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.