Toni Jennings receives 2,434 Brown & Brown (NYSE: BRO) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JENNINGS TONI reported acquisition or exercise transactions in this Form 4 filing.
BROWN & BROWN, INC. director Toni Jennings received a stock grant of 2,434 shares of Common Stock on May 6, 2026. The shares were awarded at $0.00 per share, indicating a compensation-related grant rather than a market purchase. Following this award, Jennings directly holds 57,859 shares of Brown & Brown common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JENNINGS TONI
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $.10 par value | 2,434 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $.10 par value — 57,859 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 2,434 shares
Grant price: $0.00 per share
Shares owned after: 57,859 shares
3 metrics
Shares granted
2,434 shares
Equity award on May 6, 2026
Grant price
$0.00 per share
Compensation-related stock grant
Shares owned after
57,859 shares
Post-transaction direct holdings
Key Terms
Form 4, grant/award acquisition, Common Stock, $.10 par value
3 terms
Form 4 regulatory
"The Form 4 shows a grant of 2,434 Brown & Brown shares coded as an award"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant/award acquisition financial
"Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition"
Common Stock, $.10 par value financial
"received a stock grant of 2,434 shares of Common Stock, $.10 par value"
FAQ
What did Toni Jennings report in the latest Form 4 for BRO?
Director Toni Jennings reported receiving a grant of 2,434 shares of Brown & Brown common stock. The award was recorded at no cost per share and increased her direct holdings to 57,859 shares after the transaction, reflecting a compensation-related equity grant.
Was Toni Jennings’ Brown & Brown (BRO) transaction a market purchase?
No, the Form 4 shows a grant of 2,434 Brown & Brown shares coded as an award (transaction code A). The price per share is listed as $0.00, indicating a compensation grant rather than an open-market stock purchase on an exchange.
What does transaction code "A" mean in Toni Jennings’ BRO Form 4?
Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition of securities. In this case, it reflects the issuance of 2,434 Brown & Brown common shares to director Toni Jennings as part of compensation rather than a cash stock purchase.
Is Toni Jennings’ ownership in Brown & Brown (BRO) direct or indirect?
The Form 4 describes Toni Jennings’ ownership as direct, indicated by the "D" ownership code. After the 2,434-share award, she directly holds 57,859 shares of Brown & Brown common stock in her own name, rather than through an intermediary entity.