Brown & Brown (BRO) director Wendell Reilly receives 2,434-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BROWN & BROWN, INC. director Wendell Reilly reported an equity award of 2,434 shares of common stock on May 6, 2026. The shares were granted at $0.00 per share, increasing his direct holdings to 42,731 shares of common stock.
Reilly also has indirect ownership of 195,354 shares of common stock held through Grapevine Partners, LLC, a limited liability company for which he is the sole member. The filing shows no open-market purchases or sales, only a grant/award acquisition and an updated indirect holding entry.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Reilly Wendell
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $.10 par value | 2,434 | $0.00 | -- |
| holding | Common Stock, $.10 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $.10 par value — 42,731 shares (Direct, null);
Common Stock, $.10 par value — 195,354 shares (Indirect, LLC)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 2,434 shares
Grant price per share: $0.00/share
Direct holdings after grant: 42,731 shares
+1 more
4 metrics
Equity grant
2,434 shares
Common Stock grant on May 6, 2026
Grant price per share
$0.00/share
Common Stock, $.10 par value, equity award
Direct holdings after grant
42,731 shares
Common Stock directly owned following acquisition
Indirect holdings via LLC
195,354 shares
Common Stock held by Grapevine Partners, LLC
Key Terms
Grant, award, or other acquisition, Common Stock, $.10 par value, indirect ownership, limited liability company
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock, $.10 par value financial
"security_title: Common Stock, $.10 par value"
indirect ownership financial
"ownership_type: indirect"
limited liability company financial
"Grapevine Partners, LLC, a limited liability company"
A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.
FAQ
What did Brown & Brown (BRO) director Wendell Reilly report in this Form 4?
Director Wendell Reilly reported receiving 2,434 shares of Brown & Brown common stock as a grant or award. The shares were issued at no cost, reflecting compensation-related equity, and increased his directly held position to 42,731 shares of common stock.
What are Wendell Reilly’s direct and indirect Brown & Brown (BRO) holdings after this filing?
After the reported grant, Wendell Reilly directly holds 42,731 Brown & Brown common shares. He also has indirect ownership of 195,354 shares held through Grapevine Partners, LLC, a limited liability company for which he is the sole member, according to the footnote.
What is Grapevine Partners, LLC’s role in Wendell Reilly’s Brown & Brown (BRO) ownership?
Grapevine Partners, LLC holds 195,354 Brown & Brown shares as an indirect stake attributed to Wendell Reilly. The footnote explains the LLC is a limited liability company whose sole member is Reilly, so those shares are reported as indirectly owned by him on the Form 4.