Director at Brown & Brown (NYSE: BRO) awarded 2,434 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Masojada Bronislaw Edmund reported acquisition or exercise transactions in this Form 4 filing.
Brown & Brown director Bronislaw Edmund Masojada reported a compensation-related share grant. He received 2,434 shares of Common Stock at a price of $0.0000 per share as a grant or award, increasing his directly held position to 5,109 shares.
Separately, 5,000 shares are reported as indirectly owned by an entity whose sole shareholder is his spouse, and he disclaims beneficial ownership of those shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Masojada Bronislaw Edmund
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 — 5,109 shares (Direct, null);
Common Stock, $.10 par value — 5,000 shares (Indirect, By Spouse)
Footnotes (1)
- [object Object]
Key Figures
Share grant: 2,434 shares
Grant price: $0.0000 per share
Direct holdings after grant: 5,109 shares
+1 more
4 metrics
Share grant
2,434 shares
Common Stock grant coded as award (A)
Grant price
$0.0000 per share
Stated price for 2,434 granted shares
Direct holdings after grant
5,109 shares
Common Stock held directly post-transaction
Indirect spouse-entity holdings
5,000 shares
Held by spouse-owned entity; beneficial ownership disclaimed
Key Terms
Grant, award, or other acquisition, beneficial ownership, Common Stock, $.10 par value, indirect ownership
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
beneficial ownership financial
"The reporting person disclaims beneficial ownership in these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Common Stock, $.10 par value financial
"security_title: Common Stock, $.10 par value"
indirect ownership financial
"ownership_type: indirect; nature_of_ownership: By Spouse"
FAQ
What insider transaction did BRO director Bronislaw Masojada report?
Brown & Brown (BRO) director Bronislaw Edmund Masojada reported receiving 2,434 shares of Common Stock as a grant or award. The shares were acquired at a stated price of $0.0000 per share, indicating a compensation-related award rather than an open-market purchase.
Are there any indirect Brown & Brown (BRO) holdings associated with Masojada?
The filing shows 5,000 shares as indirectly owned through an entity whose sole shareholder is Masojada’s spouse. The disclosure states that Masojada disclaims beneficial ownership of these indirectly held shares, clarifying his reported economic interest.
Was Masojada’s Brown & Brown (BRO) transaction an open-market buy or sell?
The reported Brown & Brown transaction is a grant or award coded as “A,” not an open-market trade. Masojada acquired 2,434 shares at a stated price of $0.0000 per share, consistent with a compensation-related equity award rather than a discretionary market purchase or sale.
What does the transaction code "A" mean in the BRO Form 4 filing?
In this Brown & Brown Form 4, transaction code “A” indicates a grant, award, or other acquisition of shares. Masojada received 2,434 shares under this code, reflecting a compensation-related issuance rather than a typical market trade on an exchange.