J. Hyatt Brown - Apr 25, 2024 Form 4 Insider Report for BROWN & BROWN, INC. (BRO)

Role: Chairman, Director, More than 10% owner
Signature: /s/ J. Hyatt Brown
Stock symbol: BRO
Transactions as of: Apr 25, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/25/2024, 05:00 PM
Previous filing: Mar 14, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	BRO	Common Stock, $.10 par value	-Gift	$0	-950,000	-2.54%	$0.00	36,418,928	Apr 25, 2024	Limited Partnership	F1
holding	BRO	Common Stock, $.10 par value						2,054,950	Apr 25, 2024	Charitable Lead Annuity Trust	F2
holding	BRO	Common Stock, $.10 par value						134,640	Apr 25, 2024	IRA

Explanation of Responses:

Id	Content
F1	These shares are held by Ormond Riverside, Limited Partnership (the "Limited Partnership"), of which Swakopmund, Inc. is the General Partner that has voting and investment power over such shares. Swakopmund, Inc. is 100% owned by the Swakopmund Trust of 2009, a revocable trust created by the Reporting Person, who is the sole trustee thereof and retains the sole voting and investment powers with respect to all the shares of Swakopmund, Inc.
F2	These shares are held by the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust, of which the Reporting Person's spouse and three children are the trustees and of which his three children are the remainder beneficiaries.

Content

These shares are held by Ormond Riverside, Limited Partnership (the "Limited Partnership"), of which Swakopmund, Inc. is the General Partner that has voting and investment power over such shares. Swakopmund, Inc. is 100% owned by the Swakopmund Trust of 2009, a revocable trust created by the Reporting Person, who is the sole trustee thereof and retains the sole voting and investment powers with respect to all the shares of Swakopmund, Inc.

These shares are held by the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust, of which the Reporting Person's spouse and three children are the trustees and of which his three children are the remainder beneficiaries.