Per Power Robert W. Lloyd - 08 Aug 2022 Form 4 Insider Report for BROWN & BROWN, INC. (BRO)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
09 Aug 2022, 17:00:39 UTC
Prior SEC filing
25 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Anthony M. Robinson, for Robert W. Lloyd, per Power of Attorney

Key filing fact

Per Power Robert W. Lloyd filed Form 4 for BROWN & BROWN, INC. (BRO) on 09 Aug 2022.

Key facts

  • This page summarizes Per Power Robert W. Lloyd's Form 4 filing for BROWN & BROWN, INC. (BRO).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 09 Aug 2022, 17:00.

Change

  • Previous filing in this sequence was filed on 25 Feb 2022.
  • Current net transaction value: -$663,287.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BRO transaction

Common Stock, $.10 par value

Sale

Transaction value
$663,287
Shares
-10,129
Change %
-23%
Price
$65.48
Shares after
33,748
Date
08 Aug 2022
Ownership
Direct
Footnotes
F1, F2
BRO holding

Common Stock, $.10 par value (2010 SIP)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
45,427
Date
08 Aug 2022
Ownership
Direct
Footnotes
F3
BRO holding

Common Stock, $.10 par value (2019 SIP)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
21,399
Date
08 Aug 2022
Ownership
Direct
Footnotes
F4
BRO holding

Common Stock, $.10 par value (PSP)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
21,048
Date
08 Aug 2022
Ownership
Direct
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $65.35 to $65.66, inclusive. The Reporting Person undertakes to provide Brown & Brown, Inc., any security holder of Brown & Brown, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Footnote F2

A total of 460 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2022. Number of shares may vary due to dividend reinvestment.

Footnote F3

These securities were granted pursuant to the Company's 2010 Stock Incentive Plan. 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.

Footnote F4

These securities were granted pursuant to the Company's 2019 Stock Incentive Plan. 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.

Footnote F5

These securities were granted pursuant to the Company's Performance Stock Plan ("PSP"). Based on the satisfaction of conditions established pursuant to the PSP, the Reporting Person has voting rights and dividend entitlement with respect to these shares based on the satisfaction of certain performance-based criteria, but full ownership will not vest until the satisfaction of additional conditions.

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