Brown P Barrett 4
4 · BROWN & BROWN, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Brown & Brown (BRO) EVP Barrett Receives 13,004-Share Award
What Happened
- Brown P. Barrett, Executive Vice President of Brown & Brown, was awarded 13,004 shares on February 26, 2026. The shares were granted at $0.00 (total reported value $0) as an award under the company’s 2019 Stock Incentive Plan. This is an award/grant (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-02-26; Price per share reported: $0.00; Total = $0.
- Shares acquired: 13,004 restricted/performance shares.
- Shares owned after transaction: Not specified in this filing.
- Footnote highlights:
- The award was made under the 2019 Stock Incentive Plan. The initial grant was assigned Feb 20, 2023 and included performance-based conditions that were confirmed satisfied on Feb 26, 2026 (F1).
- Barrett has voting rights and dividend entitlement for these shares now, but full ownership will not vest until additional service-based conditions are met (F1, F2).
- The filing includes standard disclaimers about household holdings (F6) and other plan-related notes (F3–F5) that do not change the nature of this award.
- Timeliness: The report covers the Feb 26, 2026 transaction and was filed with a period ending the same date; no late-filing indication is noted.
Context
- This is an equity award (restricted/performance-based shares). Receiving such grants is a common form of long-term compensation for executives; because vesting depends on future service (and previously satisfied performance conditions), these shares are not fully owned yet and may not reflect an immediate bullish or bearish signal.
- For retail investors, note the difference from an open-market purchase (which shows personal cash commitment) or a sale (which can signal liquidity needs); grants are compensation and intended to align executive incentives with shareholder value over time.
Insider Transaction Report
Form 4
Brown P Barrett
Executive Vice President
Transactions
- Award
Common Stock, $.10 par value (2019 SIP)
[F1][F2]2026-02-26+13,004→ 60,537 total
Holdings
- 1,361,925
Common Stock, $.10 par value
[F3] - 1,827,556(indirect: By Trust)
Common Stock, $.10 par value
[F4] - 11,159(indirect: By 401(k))
Common Stock, $.10 par value
[F5] - 2,324(indirect: By Children)
Common Stock, $.10 par value
[F6]
Footnotes (6)
- [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.
- [F4]These shares are held by the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust, of which the Reporting Person is a trustee and remainder beneficiary.
- [F5]Based upon information supplied by the plan record keeper as of December 31, 2025. Number of shares varied periodically based on contributions to the plan.
- [F6]Reporting person disclaims beneficial ownership of securities owned by children who share the Reporting person's household. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose.
Signature
/s/ Anthony M. Robinson, for P. Barrett Brown, per Power of Attorney|2026-02-26