Filing Details
- Accession Number:
- 0000950170-24-131106
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-11-26 17:00:07
- Reporting Period:
- 2024-11-25
- Accepted Time:
- 2024-11-26 17:00:07
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
79282 | Brown & Brown Inc. | BRO | Insurance Agents, Brokers & Service (6411) | 590864469 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1168820 | J Hyatt Brown | 300 N. Beach Street Daytona Beach FL 32114 | Chairman | No | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, $.10 Par Value | Disposition | 2024-11-25 | 389,007 | $111.75 | 36,029,921 | No | 4 | S | Indirect | Limited Partnership |
Common Stock, $.10 Par Value | Disposition | 2024-11-26 | 29,921 | $111.75 | 36,000,000 | No | 4 | S | Indirect | Limited Partnership |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | Limited Partnership |
No | 4 | S | Indirect | Limited Partnership |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock, $.10 Par Value | 2,054,950 | Indirect | Charitable Lead Annuity Trust |
Footnotes
- The reported transaction was effected in accordance with the Reporting Person's tax planning strategy.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $111.75 to $111.76, inclusive. The Reporting Person undertakes to provide Brown & Brown, Inc., any security holder of Brown & Brown, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- These shares are held by Ormond Riverside, Limited Partnership (the "Limited Partnership"), of which Swakopmund, Inc. is the General Partner that has voting and investment power over such shares. Swakopmund, Inc. is 100% owned by the Swakopmund Trust of 2009, a revocable trust created by the Reporting Person, who is the sole trustee thereof and retains the sole voting and investment powers with respect to all the shares of Swakopmund, Inc.
- These shares are held by the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust, of which the Reporting Person's spouse and three children are the trustees and of which his three children are the remainder beneficiaries.