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
  1. The reported transaction was effected in accordance with the Reporting Person's tax planning strategy.
  2. 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.
  3. 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.
  4. 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.