4//SEC Filing
Hoepner Theodore J 4
Accession 0001209191-22-055964
CIK 0000079282other
Filed
Nov 6, 7:00 PM ET
Accepted
Nov 7, 5:00 PM ET
Size
13.1 KB
Accession
0001209191-22-055964
Insider Transaction Report
Form 4
HOEPNER THEODORE J JR
Director
Transactions
- Other
Common Stock, $.10 par value
2022-11-04$55.89/sh−22,500$1,257,525→ 65,228 total - Gift
Common Stock, $.10 par value
2022-11-04+2,500→ 25,000 total(indirect: By Trust) - Gift
Common Stock, $.10 par value
2022-11-04−5,000→ 110,228 total - Other
Common Stock, $.10 par value
2022-11-04$55.89/sh−22,500$1,257,525→ 87,728 total - Gift
Common Stock, $.10 par value
2022-11-04+2,500→ 25,000 total(indirect: By Trust)
Footnotes (2)
- [F1]On November 3, 2022, in accordance with the Reporting Person's tax planning strategy, the Reporting Person transferred 22,500 shares to an irrevocable trust, of which the Reporting Person's spouse is the sole trustee and the Reporting Person's son and the Reporting Person's son's descendants are the beneficiaries, in exchange for a promissory note payable to the Reporting Person in the principal amount of $1,257,525. The transfer resulted in a decrease in the number of shares the Reporting Person beneficially owns directly and a corresponding increase in the number of shares the Reporting Person beneficially owns indirectly through the irrevocable trust. The Reporting Person believes this transfer constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.
- [F2]On November 3, 2022, in accordance with the Reporting Person's tax planning strategy, the Reporting Person transferred 22,500 shares to an irrevocable trust, of which the Reporting Person's spouse is the sole trustee and the Reporting Person's daughter and the Reporting Person's daughter's descendants are the beneficiaries, in exchange for a promissory note payable to the Reporting Person in the principal amount of $1,257,525. The transfer resulted in a decrease in the number of shares the Reporting Person beneficially owns directly and a corresponding increase in the number of shares the Reporting Person beneficially owns indirectly through the irrevocable trust. The Reporting Person believes this transfer constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.
Documents
Issuer
BROWN & BROWN, INC.
CIK 0000079282
Entity typeother
Related Parties
1- filerCIK 0001181994
Filing Metadata
- Form type
- 4
- Filed
- Nov 6, 7:00 PM ET
- Accepted
- Nov 7, 5:00 PM ET
- Size
- 13.1 KB