J. Hyatt Brown - Dec 15, 2023 Form 4 Insider Report for BROWN & BROWN, INC. (BRO)

Role
Chairman, Director, 10%+ Owner
Signature
/s/ J. Hyatt Brown
Stock symbol
BRO
Transactions as of
Dec 15, 2023
Transactions value $
$0
Form type
4
Date filed
12/18/2023, 05:00 PM
Previous filing
Jan 27, 2023
Next filing
Jan 2, 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 -1.36K -100% $0.00* 0 Dec 15, 2023 Revocable Trust F1
holding BRO Common Stock, $.10 par value 135K Dec 15, 2023 IRA F2
holding BRO Common Stock, $.10 par value 2.2M Dec 15, 2023 Charitable Lead Annuity Trust F3
holding BRO Common Stock, $.10 par value 37.6M Dec 15, 2023 Limited Partnership F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Amount reflects 1,360 shares transferred from the IRA to the Revocable Trust in November 2023.
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.