Walker Chris L 4

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

AI-generated summary of this filing

Updated Mar 2, 2026

Brown & Brown (BRO) EVP Chris Walker Receives Stock Award

What Happened

Chris L. Walker, EVP and Chair of the Specialty Distribution segment at Brown & Brown, was granted a total of 15,145 securities on February 26, 2026 (13,004 and 2,141 shares). The reported acquisition price is $0 — these are awards under the company’s 2019 Stock Incentive Plan rather than a cash purchase. Delivery and full ownership are subject to service- and/or performance-based vesting conditions described in the filing.

Key Details

Transaction date(s): 2026-02-26 (two award entries: 13,004 shares and 2,141 shares); price per share reported: $0.00; transaction code: A (award/grant).
Total shares in this filing: 15,145 shares (aggregate of both awards).
Post-transaction holdings: the filing does not state Walker’s total shares owned following these awards.
Footnotes of note:
- F1: Initial grant was dated 2023-02-20 but performance conditions were satisfied on 2026-02-26; dividend equivalents apply, but shares won’t be delivered until service-based vesting or the reporting person’s qualified retirement.
- F2: Awards include restricted stock (voting rights and dividend entitlement now; full ownership after service vesting) and restricted stock units (dividend equivalents; delivery after service vesting or qualified retirement).
- F3: 248 of the reported shares were acquired earlier via the company’s Teammate Stock Purchase Plan (July 2025); number may vary due to dividend reinvestment.
Filing timeliness: Filed 2026-03-02 for a 2026-02-26 transaction. This meets the usual two-business-day Form 4 deadline (filing appears timely).

Context

These awards are part of executive compensation and are not an open-market purchase or sale. Because delivery and full ownership are tied to future service or retirement conditions, they do not represent immediately tradeable shares.
For retail investors: awards are routine compensation actions; they signal internal compensation alignment but not an immediate cash investment decision by the insider.

Form 4

Period: 2026-02-26

EVP/Chair Spec Dist Segment

Transactions

Award
Common Stock, $.10 par value (2019 SIP)
[F1][F2]
2026-02-26+13,004→ 62,145 total
Award
Common Stock, $.10 par value (2019 SIP)
[F2]
2026-02-26+2,141→ 64,286 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 dividend equivalent entitlement, but shares will not be delivered until the satisfaction of service-based conditions or the Reporting Person's qualified retirement.
[F2]These securities were granted pursuant to the 2019 SIP. With respect to securities that are restricted stock awards, 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. With respect to securities that are restricted stock units, the Reporting Person has dividend equivalent entitlement, but shares will not be delivered until the satisfaction of service-based conditions or the Reporting Person's qualified retirement.
[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/ Anthony M. Robinson, for Chris L. Walker, per Power of Attorney|2026-03-02

1 file