Brown & Brown (NYSE: BRO) director adds 860 shares via revocable trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BROWN & BROWN, INC. director Joia M. Johnson reported an open-market purchase of 860 shares of common stock at a weighted average price of about $58.05 per share through a revocable trust. After this transaction, reported holdings include 2,434 shares held directly and 860 shares held indirectly via the trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 860 shares ($49,923)
Net Buy
2 txns
Insider
JOHNSON JOIA M
Role
null
Bought
860 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $.10 par value | 860 | $58.05 | $50K |
| holding | Common Stock, $.10 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $.10 par value — 860 shares (Indirect, Revocable Trust);
Common Stock, $.10 par value — 2,434 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 860 shares
Purchase price: $58.05 per share
Direct holdings after: 2,434 shares
+3 more
6 metrics
Shares purchased
860 shares
Open-market purchase reported for common stock
Purchase price
$58.05 per share
Weighted average price for acquired shares
Direct holdings after
2,434 shares
Common stock held directly following transaction
Indirect holdings after
860 shares
Common stock held via revocable trust after purchase
Total reported holdings
3,294 shares
Sum of direct and indirect common stock positions
Par value
$0.10 per share
Par value of Brown & Brown common stock
Key Terms
Revocable Trust, weighted average price, Common Stock, $.10 par value
3 terms
Revocable Trust financial
"nature_of_ownership: "Revocable Trust" for 860 indirectly held shares"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Common Stock, $.10 par value financial
"security_title: "Common Stock, $.10 par value""
FAQ
What insider transaction did BRO director Joia M. Johnson report?
Joia M. Johnson reported buying 860 shares of Brown & Brown common stock. The shares were acquired in an open-market transaction and are held indirectly through a revocable trust, indicating additional personal exposure to the company’s equity beyond directly held shares.
What type of security was involved in Joia M. Johnson’s BRO transaction?
The transaction involved Brown & Brown’s common stock with a par value of $0.10 per share. This is the company’s primary equity security, representing standard ownership interests and voting rights typically associated with common stock issued by publicly traded corporations.