Brown & Brown (NYSE: BRO) director adds 4,434 shares to holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BROWN & BROWN, INC. director Proctor H. Palmer Jr reported two acquisitions of common stock. On May 5, he bought 2,000 shares in the open market at $57.10 per share. On May 6, he received a 2,434-share stock award, bringing his direct holdings to 50,055 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,000 shares ($114,200)
Net Buy
2 txns
Insider
PROCTOR H PALMER JR
Role
null
Bought
2,000 shs ($114K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $.10 par value | 2,434 | $0.00 | -- |
| Purchase | Common Stock, $.10 par value | 2,000 | $57.10 | $114K |
Holdings After Transaction:
Common Stock, $.10 par value — 50,055 shares (Direct, null)
Footnotes (1)
Key Figures
Open-market purchase: 2,000 shares at $57.10
Stock award: 2,434 shares at $0.00
Holdings after award: 50,055 shares
+2 more
5 metrics
Open-market purchase
2,000 shares at $57.10
Non-derivative common stock purchase on May 5, 2026
Stock award
2,434 shares at $0.00
Grant, award, or other acquisition on May 6, 2026
Holdings after award
50,055 shares
Total direct common stock ownership following May 6, 2026 transaction
Holdings after purchase
47,621 shares
Direct ownership after May 5, 2026 open-market purchase
Net buy shares
2,000 shares
Net buy-sell activity across reported transactions
Key Terms
open-market purchase, grant, award, or other acquisition, Common Stock, $.10 par value, net-buy
4 terms
open-market purchase financial
"transaction_action: "open-market purchase" for 2,000-share buy at $57.10"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for 2,434-share grant"
Common Stock, $.10 par value financial
"security_title: "Common Stock, $.10 par value" for both transactions"
net-buy financial
"transactionSummary lists "netBuySellDirection": "net-buy" for all activity"
FAQ
What insider transactions did BRO director Proctor H. Palmer Jr report?
He reported one open-market purchase and one stock award. Palmer bought 2,000 Brown & Brown shares at $57.10 each and separately received a 2,434-share grant, both in common stock, increasing his direct ownership reported in this Form 4.
What stock award did the Brown & Brown (BRO) director receive?
He received a 2,434-share stock grant. The acquisition was reported with a zero-dollar per-share price, consistent with a grant, award, or other non-cash acquisition of Brown & Brown common stock under the company’s compensation arrangements.
What are Proctor H. Palmer Jr’s total Brown & Brown (BRO) holdings after these transactions?
He now directly holds 50,055 shares. After the open-market purchase and the subsequent 2,434-share award, the Form 4 reports Palmer’s direct ownership of Brown & Brown common stock at a total of 50,055 shares.