J. Scott Penny - 14 Nov 2023 Form 4 Insider Report for BROWN & BROWN, INC. (BRO)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRO	Common Stock, $.10 par value	Gift	$0	-2,500	-1.1%	$0.000000	233,061	14 Nov 2023	Direct	F1
holding	BRO	Common Stock, $.10 par value (2010 SIP)						26,684	14 Nov 2023	Direct	F2
holding	BRO	Common Stock, $.10 par value (2019 SIP)						53,255	14 Nov 2023	Direct	F3
holding	BRO	Common Stock, $.10 par value (Jointly Owned)						357,056	14 Nov 2023	Direct	F4
holding	BRO	Common Stock, $.10 par value						19,424	14 Nov 2023	401k	F5
holding	BRO	Common Stock, $.10 par value						192	14 Nov 2023	Children	F6

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

Id	Content
F1	A total of 394 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2023. Number of shares may vary due to dividend reinvestment.
F2	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.
F3	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.
F4	Owned jointly with spouse.
F5	Based upon information supplied by the plan record keeper as of December 31, 2022. 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.