R. Andrew Watts - Dec 31, 2022 Form 5 Insider Report for BROWN & BROWN, INC. (BRO)

Role
EVP, CFO and Treasurer
Signature
/s/ R. Andrew Watts
Stock symbol
BRO
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
1/30/2023, 04:00 PM
Previous filing
Feb 28, 2022
Next filing
Feb 21, 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 +1.05K +122.9% $0.00 1.91K Dec 27, 2022 Watts Family Trust F1
transaction BRO Common Stock, $.10 par value Gift $0 -1.05K -0.76% $0.00 137K Dec 27, 2022 Direct F1, F2
transaction BRO Common Stock, $.10 par value Gift $0 -2.26K -1.62% $0.00 137K Dec 29, 2022 Direct F2
holding BRO Common Stock, $.10 par value (2010 SIP) 68.1K Dec 31, 2022 Direct F3
holding BRO Common Stock, $.10 par value (2019 SIP) 39.3K Dec 31, 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 27, 2022, the Reporting Person transferred 1,052 shares of common stock to a family trust, of which the Reporting Person and his spouse are trustees. The Reporting Person's children are the sole beneficiaries of the trust.
F2 A total of 460 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2022. Number of shares may vary due to dividend reinvestment.
F3 These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("2010 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 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.