Form 4: Brown & Brown Director Lawrence L. Gellerstedt III Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Lawrence L. Gellerstedt III reports acquiring 1,407 shares of Brown & Brown, Inc. common stock on May 8, 2024.
Summary
- On May 8, 2024, Lawrence L. Gellerstedt III, a director of Brown & Brown, Inc., acquired 1,407 shares of common stock.
- The acquisition was direct and the price per share was $0.00.
- Following the transaction, Gellerstedt directly owns 19,539 shares of Brown & Brown, Inc.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It reflects insider activity but doesn't inherently indicate positive or negative performance for the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests between management and shareholders.
Stakeholder Impact
- The acquisition of shares by a director may signal confidence in the company's future prospects to shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of transaction: Lawrence L. Gellerstedt III acquired 1,407 shares of Brown & Brown, Inc. common stock. |
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