Stephen M. Boyd - 01 Jan 2022 Form 4 Insider Report for BROWN & BROWN, INC. (BRO)

Role: EVP/ Pres Wholesale Brokerage
Signature: /s/ Anthony M. Robinson, on behalf of Stephen M. Boyd, per Power of Attorney
Issuer symbol: BRO
Transactions as of: 01 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 03 Jan 2022, 20:20:12 UTC
Previous filing: 27 Aug 2021
Next filing: 24 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRO	Common Stock, $10 par value (2019 SIP)	Award	$0	+28,457	+717%	$0.000000	32,425	01 Jan 2022	Direct	F1
holding	BRO	Common Stock, $.10 par value (2010 SIP)						46,620	01 Jan 2022	Direct	F2
holding	BRO	Common Stock, $.10 par value						40,225	01 Jan 2022	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These securities were granted pursuant to the Company's 2019 Stock Incentive Plan ("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.
F2	These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("2010 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 additional service-based conditions.
F3	A total of 549 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2021. Number of shares may vary due to dividend reinvestment.