0001209191-24-003569.txt : 20240220 0001209191-24-003569.hdr.sgml : 20240220 20240220170110 ACCESSION NUMBER: 0001209191-24-003569 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240219 FILED AS OF DATE: 20240220 DATE AS OF CHANGE: 20240220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Brown P Barrett CENTRAL INDEX KEY: 0001799832 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13619 FILM NUMBER: 24654586 MAIL ADDRESS: STREET 1: 300 N. BEACH STREET CITY: DAYTONA BEACH STATE: FL ZIP: 32114 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BROWN & BROWN, INC. CENTRAL INDEX KEY: 0000079282 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] ORGANIZATION NAME: 02 Finance IRS NUMBER: 590864469 STATE OF INCORPORATION: FL FISCAL YEAR END: 0119 BUSINESS ADDRESS: STREET 1: 300 N. BEACH STREET CITY: DAYTONA BEACH STATE: FL ZIP: 32114 BUSINESS PHONE: 386-252-9601 MAIL ADDRESS: STREET 1: 300 N. BEACH STREET CITY: DAYTONA BEACH STATE: FL ZIP: 32114 FORMER COMPANY: FORMER CONFORMED NAME: BROWN & BROWN, INC DATE OF NAME CHANGE: 20171108 FORMER COMPANY: FORMER CONFORMED NAME: BROWN & BROWN INC DATE OF NAME CHANGE: 19990623 FORMER COMPANY: FORMER CONFORMED NAME: POE & BROWN INC DATE OF NAME CHANGE: 19930827 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2024-02-19 0 0000079282 BROWN & BROWN, INC. BRO 0001799832 Brown P Barrett 300 N. BEACH STREET DAYTONA BEACH FL 32114 0 1 0 0 EVP and Pres.- Retail Segment 0 Common Stock, $.10 par value (2019 SIP) 2024-02-19 4 A 0 16240 0.00 A 69495 D Common Stock, $.10 par value (2019 SIP) 2024-02-19 4 A 0 2116 0.00 A 71611 D Common Stock, $.10 par value (2010 SIP) 17789 D Common Stock, $.10 par value 1330220 D Common Stock, $.10 par value 2054950 I Charitable Lead Annuity Trust Common Stock, $.10 par value 10601 I 401k Common Stock, $.10 par value 2324 I Children 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. 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. These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("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. 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. Amount reflects the correction of clerical errors in filings made on December 18, 2023 and January 2, 2024 that understated the Reporting Person's direct holdings by one share. These shares are held by the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust, of which the Reporting Person is a trustee and remainder beneficiary. Based upon information supplied by the plan record keeper as of December 31, 2023. Number of shares varied periodically based on contributions to the plan. 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. /s/ P. Barrett Brown 2024-02-20