Form 4 for BRO Brown & Brown

Accepted 2024-02-20 00:00:00 ET · period of report 2024-02-19 · accession 0001209191-24-003563 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2024-02-20	2024-02-19	BRO	Watts R. Andrew	EVP, CFO, Treas	A - Grant	$0.00	+31.5K	92.9K	+51%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, $.10 par value (2019 SIP)	2024-02-19	A	A	3,930	$0.00	96,827	D	—	—	(F2) These securities were granted pursuant to the Company's 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.
2	Common	Common Stock, $.10 par value (2019 SIP)	2024-02-19	A	A	27,608	$0.00	92,897	D	—	—	(F1) These securities were granted pursuant to the Company's 2019 Stock Incentive Plan ("2019 SIP"). The initial grant was made on February 23, 2021, but was subject to the satisfaction of performance-based conditions established in connection with this grant. On February 19, 2024, 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. (F2) These securities were granted pursuant to the Company's 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.