Watts R. Andrew 4
4 · BROWN & BROWN, INC. · Filed Feb 25, 2025
Insider Transaction Report
Form 4
Watts R. Andrew
EVP, CFO and Treasurer
Transactions
- Award
Common Stock, $.10 par value (2019 SIP)
2025-02-24+2,909→ 90,359 total - Tax Payment
Common Stock, $.10 par value
2025-02-21$111.65/sh−9,938$1,109,578→ 101,741 total - Award
Common Stock, $.10 par value (2019 SIP)
2025-02-24+15,874→ 87,450 total
Holdings
- 2,728(indirect: By Trust)
Common Stock, $.10 par value
Footnotes (4)
- [F1]Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 25,251 shares of stock under the Company's 2019 Stock Incentive Plan ("2019 SIP").
- [F2]A total of 357 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2024. Number of shares may vary due to dividend reinvestment.
- [F3]These securities were granted pursuant to the 2019 SIP. The initial grant was made on February 21, 2022, but was subject to the satisfaction of performance-based conditions established in connection with this grant. On February 24, 2025, 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.
- [F4]These securities were granted pursuant to the 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.