Form 4: Brown & Brown Executive Gifts 1,500 Shares

Stephen M. Boyd, EVP/President of Specialty Distribution at Brown & Brown, Inc., reported gifting 1,500 shares of common stock.

Summary

• Stephen M. Boyd, an Executive Vice President and President of Specialty Distribution at Brown & Brown, Inc., reported a transaction on December 17, 2025.
• The transaction involved the disposition of 1,500 shares of common stock, $.10 par value, as a gift (transaction code 'G').
• The shares were disposed of at a price of $0.00 per share.
• Following this transaction, Mr. Boyd beneficially owns 75,636 shares of common stock directly.
• Additionally, Mr. Boyd holds 59,611 shares under the Company's 2019 Stock Incentive Plan (2019 SIP), which grant voting rights and dividend entitlement but vest upon satisfaction of service-based conditions.
• A total of 248 shares included in the 75,636 total were acquired through the Company's Employee Stock Purchase Plan in July 2025, with the total number of shares potentially varying due to dividend reinvestment.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction (gift) and does not reflect positively or negatively on the company's operational or financial performance.

Future Outlook

NA

Industry Context

NA

Key Dates

Keywords

Brown & Brown, BRO, Stephen M. Boyd, Insider Transaction, Form 4, Stock Gift, Executive Compensation, Equity Ownership