R. Andrew Watts - Dec 15, 2023 Form 4 Insider Report for BROWN & BROWN, INC. (BRO)

Role: EVP, CFO and Treasurer
Signature: /s/ R. Andrew Watts
Stock symbol: BRO
Transactions as of: Dec 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/19/2023, 05:27 PM
Previous filing: Feb 28, 2023
Next filing: Feb 20, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRO	Common Stock, $.10 par value	Gift	$0	-2.03K	-2.83%	$0.00	69.5K	Dec 15, 2023	Direct	F1
transaction	BRO	Common Stock, $.10 par value	Gift	$0	-475	-0.68%	$0.00	69K	Dec 18, 2023	Direct	F1
transaction	BRO	Common Stock, $.10 par value	Gift	$0	+475	+24.9%	$0.00	2.38K	Dec 18, 2023	By Watts Family Trust
holding	BRO	Common Stock, $.10 par value (2010 SIP)						35.6K	Dec 15, 2023	Direct	F2
holding	BRO	Common Stock, $.10 par value (2019 SIP)						65.3K	Dec 15, 2023	Direct	F3

Showing 1 to 5 of 5 entries

* 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. This amount reflects the transfer by Reporting Owner of 86,494 shares in November 2023 pursuant to a domestic relations order.
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.