[Form 4] Brown & Brown, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Paul J. Krump, a director of Brown & Brown, Inc. (BRO), reported a securities transaction dated 08/08/2025. The Form 4 shows an acquisition of 2,678 shares of common stock at a reported price of $93.31 per share, resulting in a reported beneficial ownership of 5,353 shares held directly. The filing was made by one reporting person and executed under a power of attorney.

Insights

Financial Analyst

Modest insider purchase; unlikely to materially change valuation but signals director buying at reported market price.

The filing documents a direct purchase of 2,678 common shares at $93.31 per share by a company director, bringing reported direct beneficial ownership to 5,353 shares. The dollar value of the transaction (~$250k) is relatively small versus a public company market cap and is unlikely to be material to valuations. It is, however, a routine affirmative disclosure that may be interpreted as a modest alignment of insider and shareholder interests.

Corporate Governance Expert

Routine Section 16 disclosure by a director, properly reported and executed via power of attorney.

The Form 4 identifies Paul J. Krump as a director and records the transaction on 08/08/2025. The form indicates it was filed by one reporting person and signed under power of attorney. The disclosure appears to follow required reporting conventions for officer/director transactions and contains the core elements: reporting person, issuer, transaction date, share amount, price, and post-transaction beneficial ownership.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KRUMP PAUL J

(Last) (First) (Middle)

300 N. BEACH STREET

(Street)

DAYTONA BEACH FL 32114

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BROWN & BROWN, INC. [ BRO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.10 par value	08/08/2025		P		2,678	A	$93.31	5,353	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Anthony M. Robinson, for Paul J. Krump, per Power of Attorney	08/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Paul J. Krump report for Brown & Brown (BRO)?

The Form 4 reports a purchase of 2,678 shares of Brown & Brown common stock at a reported price of $93.31 per share dated 08/08/2025.

What is Paul J. Krump's relationship to Brown & Brown (BRO)?

The filing identifies Paul J. Krump as a Director of Brown & Brown, Inc.

How many Brown & Brown shares did Krump beneficially own after the transaction?

The Form 4 reports a post-transaction beneficial ownership of 5,353 shares, held directly.

When was the reported transaction dated on the Form 4 for BRO?

The transaction date reported on the Form 4 is 08/08/2025.

Was this Form 4 filed by a single reporting person?

Yes. The form indicates it was filed by one reporting person and executed under a power of attorney.