J. Hyatt Brown - Dec 29, 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 29, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/2/2024, 05:00 PM
Previous filing: Dec 18, 2023
Next filing: Mar 14, 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	-147K	-6.67%	$0.00	2.05M	Dec 29, 2023	Charitable Lead Annuity Trust	F1
holding	BRO	Common Stock, $.10 par value						135K	Dec 29, 2023	IRA
holding	BRO	Common Stock, $.10 par value						37.6M	Dec 29, 2023	Limited Partnership	F2

* 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 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.
F2	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.

Content

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.

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.