February 25, 2024 · Form 4 insider transaction
Watts R. Andrew sold 14,000 shares of Brown & Brown, Inc. at $84.24 per share, a transaction worth $1.18M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 35,581 shares of stock under the Company's 2010 Stock Incentive Plan ("2010 SIP").; A total of 395 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2023. Number of shares may vary due to dividend reinvestment.