Brown & Brown (BRO) Director Toni Jennings Receives 2,434-Share Award

What Happened

• Toni Jennings, a director of Brown & Brown, Inc. (BRO), was reported on an SEC Form 4 as acquiring 2,434 shares on May 6, 2026. The filing lists the transaction type as "A" (grant/award) at $0.00 per share, indicating a non‑cash stock award rather than an open‑market purchase.

Key Details

• Transaction date and type: 2026-05-06 — Grant/Award (code A).
• Shares acquired: 2,434; reported price: $0.00 (non‑cash acquisition).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes/plan notes: filing shows no 10b5-1 plan, tax-withholding notation, or other footnotes in the provided data.
• Timeliness: Period of report equals the transaction date; no late filing flag was indicated in the provided record.

Context

• An "A" code and $0.00 price generally indicate a compensation grant (for example, restricted stock or RSUs) that may be subject to vesting or transfer restrictions and is different from an open‑market purchase.
• These awards are part of executive/director compensation and do not by themselves prove a change in insider sentiment; check company disclosures (proxy statements or press releases) for grant terms and vesting schedules.