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

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
* 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.