Turpin Julie 4

4 · BROWN & BROWN, INC. · Filed Mar 2, 2026

AI-generated summary of this filing

Updated Mar 2, 2026

Brown & Brown (BRO) EVP Julie Turpin Receives Stock Award

What Happened

Julie Turpin, Executive Vice President and Chief People Officer of Brown & Brown, received grants totaling 14,559 shares (11,704 + 2,855) on February 26, 2026. The shares were granted at $0.00 (awarded, not purchased), so no cash changed hands.
These awards were made under the company’s 2019 Stock Incentive Plan; performance conditions tied to the initial grant were confirmed satisfied on February 26, 2026, giving the reporting person voting rights and dividend entitlement, but full ownership remains subject to additional service-based vesting.

Key Details

Transaction date: 2026-02-26; Report filed: 2026-03-02 (timely under Form 4 rules).
Awarded shares: 11,704 and 2,855 (total 14,559); reported acquisition price: $0.00.
Shares owned after transaction: not specified in the filing.
Notable footnotes:
- F1: Initial grant dated Feb 20, 2023; performance conditions satisfied Feb 26, 2026; voting and dividend rights granted but service-based vesting remains.
- F2: Confirms grant under 2019 SIP and that full ownership vests only after service conditions.
- F3: Notes 248 of these shares were acquired through the Company’s Teammate Stock Purchase Plan in July 2025; that amount can vary due to dividend reinvestment.
Transaction code: A = Award/Grant.

Context

These are equity awards (restricted/performance-based shares), not open-market purchases or sales. They represent compensation tied to prior performance and future service requirements rather than an independent bullish or bearish trade by the insider.
No immediate sale or cash exercise occurred; tax and ultimate ownership implications depend on remaining vesting conditions and company plan rules.

Form 4

Period: 2026-02-26

EVP/Chief People Officer

Transactions

Award
Common Stock, $.10 par value (2019 SIP)
[F1][F2]
2026-02-26+11,704→ 38,973 total
Award
Common Stock, $.10 par value (2019 SIP)
[F2]
2026-02-26+2,855→ 41,828 total

Holdings

Footnotes (3)

[F1]These securities were granted pursuant to the Company's 2019 Stock Incentive Plan ("2019 SIP"). The initial grant was made on February 20, 2023, but was subject to the satisfaction of performance-based conditions established in connection with this grant. On February 26, 2026, 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.
[F2]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.
[F3]A total of 248 of these shares were acquired through the Company's Teammate Stock Purchase Plan in July 2025. Number of shares may vary due to dividend reinvestment.

Signature

/s/ Julie Turpin|2026-02-27

1 file