4//SEC Filing
BROWN HYATT J 4
Accession 0000950170-24-131106
CIK 0000079282other
Filed
Nov 25, 7:00 PM ET
Accepted
Nov 26, 5:00 PM ET
Size
8.6 KB
Accession
0000950170-24-131106
Insider Transaction Report
Form 4
BROWN HYATT J
DirectorChairman10% Owner
Transactions
- Sale
Common Stock, $.10 par value
2024-11-25$111.75/sh−389,007$43,471,532→ 36,029,921 total(indirect: By Partnership) - Sale
Common Stock, $.10 par value
2024-11-26$111.75/sh−29,921$3,343,672→ 36,000,000 total(indirect: By Partnership)
Holdings
- 2,054,950(indirect: By Trust)
Common Stock, $.10 par value
Footnotes (4)
- [F1]The reported transaction was effected in accordance with the Reporting Person's tax planning strategy.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $111.75 to $111.76, 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.
- [F3]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.
- [F4]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.
Documents
Issuer
BROWN & BROWN, INC.
CIK 0000079282
Entity typeother
Related Parties
1- filerCIK 0001168820
Filing Metadata
- Form type
- 4
- Filed
- Nov 25, 7:00 PM ET
- Accepted
- Nov 26, 5:00 PM ET
- Size
- 8.6 KB