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

Role
EVP Chief Acquisitions Officer
Signature
/s/ Jerome Scott Penny
Stock symbol
BRO
Transactions as of
Nov 14, 2023
Transactions value $
$0
Form type
4
Date filed
11/15/2023, 05:46 PM
Previous filing
Feb 28, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRO Common Stock, $.10 par value Gift $0 -2.5K -1.06% $0.00 233K Nov 14, 2023 Direct F1
holding BRO Common Stock, $.10 par value (2010 SIP) 26.7K Nov 14, 2023 Direct F2
holding BRO Common Stock, $.10 par value (2019 SIP) 53.3K Nov 14, 2023 Direct F3
holding BRO Common Stock, $.10 par value (Jointly Owned) 357K Nov 14, 2023 Direct F4
holding BRO Common Stock, $.10 par value 19.4K Nov 14, 2023 401k F5
holding BRO Common Stock, $.10 par value 192 Nov 14, 2023 Children F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.