4//SEC Filing
PENNY JEROME SCOTT 4
Accession 0000950170-25-025940
CIK 0000079282other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 8:04 PM ET
Size
11.6 KB
Accession
0000950170-25-025940
Insider Transaction Report
Form 4
PENNY JEROME SCOTT
Regional Executive VP
Transactions
- Award
Common Stock, $.10 par value (2019 SIP)
2025-02-24+11,338→ 64,308 total - Award
Common Stock, $.10 par value (2019 SIP)
2025-02-24+1,118→ 65,426 total - Tax Payment
Common Stock, $.10 par value
2025-02-21$111.65/sh−7,098$792,492→ 260,538 total
Holdings
- 19,712(indirect: By 401(k))
Common Stock, $.10 par value
- 192(indirect: By Children)
Common Stock, $.10 par value
- 357,056
Common Stock, $.10 par value (Jointly Owned)
Footnotes (7)
- [F1]Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 18,036 shares of stock under the Company's 2019 Stock Incentive Plan ("2019 SIP").
- [F2]A total of 357 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2024. Number of shares may vary due to dividend reinvestment.
- [F3]These securities were granted pursuant to the 2019 SIP. The initial grant was made on February 21, 2022, but was subject to the satisfaction of performance-based conditions established in connection with this grant. On February 24, 2025, the Company confirmed the satisfaction of the performance-based conditions established in connection with this grant, and the Reporting Person has voting rights and dividend entitlement with respect to these shares, but full ownership will not vest until the satisfaction of additional service-based conditions.
- [F4]These securities were granted pursuant to the 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.
- [F5]Owned jointly with spouse.
- [F6]Based upon information supplied by the plan record keeper as of December 31, 2024. Number of shares varies periodically based on contributions to the plan.
- [F7]Reporting Person disclaims beneficial ownership of securities owned by children who share the Reporting Person's household. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose.
Documents
Issuer
BROWN & BROWN, INC.
CIK 0000079282
Entity typeother
Related Parties
1- filerCIK 0001180023
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 8:04 PM ET
- Size
- 11.6 KB