Director at Brown & Brown (NYSE: BRO) awarded 2,434 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BROWN & BROWN, INC. director Lawrence L. Gellerstedt III received a grant of 2,434 shares of Common Stock. This award was reported at no stated price per share and is classified as a grant or other acquisition. Following the grant, he directly holds 23,241 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GELLERSTEDT LAWRENCE L III
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 — 23,241 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 2,434 shares
Shares held after grant: 23,241 shares
Price per share: $0.0000
3 metrics
Shares granted
2,434 shares
Non-derivative stock grant to director on reported date
Shares held after grant
23,241 shares
Director’s direct common stock ownership following transaction
Price per share
$0.0000
Reported transaction price, consistent with a compensation grant
Key Terms
Common Stock, $.10 par value, Grant, award, or other acquisition, non-derivative
3 terms
Common Stock, $.10 par value financial
"security_title: "Common Stock, $.10 par value""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
non-derivative financial
"transaction_type: "non-derivative""
FAQ
What insider transaction did BRO director Lawrence L. Gellerstedt III report?
Lawrence L. Gellerstedt III reported receiving a grant of 2,434 shares of BROWN & BROWN, INC. common stock. The transaction is coded as a grant or award acquisition, indicating a compensation-related share grant rather than an open-market purchase or sale.
Was the BRO insider transaction an open-market buy or a compensation grant?
The transaction was a compensation-related grant, not an open-market buy. It is coded as a grant, award, or other acquisition with no price per share, indicating shares were awarded rather than purchased on the open market.
Does the BROWN & BROWN Form 4 show any stock sales by the director?
The Form 4 shows no stock sales by Lawrence L. Gellerstedt III. It reports only a single non-derivative transaction in which he acquired 2,434 shares through a grant or award, increasing his direct holdings to 23,241 shares.
Are there any derivative securities reported for the BRO director in this Form 4?
No derivative securities are reported for Lawrence L. Gellerstedt III in this Form 4. The filing lists only a non-derivative transaction involving common stock and shows no remaining options, warrants, or other derivative positions in the derivative summary.