4//SEC Filing
BROWN J POWELL 4
Accession 0001209191-24-004010
CIK 0000079282other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 5:00 PM ET
Size
11.4 KB
Accession
0001209191-24-004010
Insider Transaction Report
Form 4
BROWN J POWELL
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock, $.10 par value
2024-02-25$84.24/sh−46,672$3,931,649→ 2,754,798 total
Holdings
- 255,322
Common Stock, $.10 par value (2019 SIP)
- 299,264
Common Stock, $.10 par value (2010 SIP)
- 32,000
Common Stock, $.10 par value (PSP)
- 2,054,950(indirect: By Trust)
Common Stock, $.10 par value
- 42,128(indirect: By 401(k))
Common Stock, $.10 par value
- 32,241(indirect: By Children)
Common Stock, $.10 par value
Footnotes (8)
- [F1]Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 118,603 shares of stock under the Company's 2010 Stock Incentive Plan ("2010 SIP").
- [F2]A total of 395 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2023. Number of shares may vary due to dividend reinvestment.
- [F3]These securities were granted pursuant to the Company's 2019 Stock Incentive Plan ("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.
- [F4]These securities were granted pursuant to the Company's 2010 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]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.
- [F6]These shares are held by the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust, of which the Reporting Person is a trustee and a remainder beneficiary.
- [F7]Based upon information supplied by the plan record keeper as of December 31, 2023. Number of shares varies periodically based on contributions to the plan.
- [F8]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 0001208478
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 5:00 PM ET
- Size
- 11.4 KB