Welcome to our dedicated page for Brown & Brown SEC filings (Ticker: BRO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission (SEC) filings for Brown & Brown, Inc. (NYSE: BRO), an insurance brokerage firm in the insurance agencies and brokerages industry. Through these filings, investors can review the company’s official disclosures on financial performance, capital structure, governance and significant corporate events.
Brown & Brown uses Form 8-K to report material events such as quarterly earnings releases, segment reorganizations, leadership changes, acquisitions and financing transactions. For example, the company has furnished press releases announcing results of operations for specific quarters, described its segment reorganization into Retail and Specialty Distribution following the acquisition of RSC Topco, Inc., and disclosed the appointment of new directors and executive role changes.
Other 8-K filings detail capital markets activity, including the issuance of multiple tranches of senior notes under an automatic shelf registration statement. These filings outline key terms of the notes, intended use of proceeds and related covenants. Investors can use this information to understand Brown & Brown’s debt profile and funding strategy.
In addition to current reports, Brown & Brown files annual reports on Form 10-K and quarterly reports on Form 10-Q, which contain audited and unaudited financial statements, segment information and risk factor disclosures. Proxy statements on Schedule 14A and related documents provide details on board composition, executive compensation and governance practices. Insider transaction reports on Form 4 allow users to track equity transactions by directors and officers.
On Stock Titan, Brown & Brown’s SEC filings are updated in near real time as they appear on EDGAR. AI-powered tools summarize lengthy documents such as 10-Ks, 10-Qs and complex 8-Ks, highlight key changes and help explain technical language, enabling users to quickly identify important information without reading every page.
Brown & Brown, Inc. furnished a 2026 company overview presentation for investors, highlighting strong long-term growth and cash generation. The company reported 2025 revenue of $5.9B, with its Retail segment contributing $3.4B and Specialty Distribution $2.4B, driven by both organic growth and acquisitions.
Management emphasizes non-GAAP metrics such as Organic Revenue, EBITDAC and Free Cash Flow to assess performance, citing a 5-year revenue CAGR of 18%, 5-year EBITDAC Margin – Adjusted average of 34% and 5-year Free Cash Flow growth CAGR of 17%. The presentation notes more than 700 acquisitions since 1993, a disciplined capital allocation strategy, and a target net debt to EBITDAC range of 0–2.5x, supported by $1.5B of 2025 operating cash flow and $1.1B of cash on hand.
Brown & Brown, Inc. executive vice president Stephen M. Boyd reported a tax-related share withholding tied to restricted stock vesting. On the transaction date, 7,712 shares of common stock were withheld by the company at $69.59 per share to cover income tax requirements on the vesting of 15,157 shares granted under the 2019 Stock Incentive Plan. After this disposition, he directly owned 83,081 common shares. A separate line shows 44,454 shares under the 2019 plan, which carry voting and dividend rights but will fully vest only after service-based conditions are met, including 248 shares acquired through the Teammate Stock Purchase Plan.
BROWN & BROWN, INC. executive Julie Turpin, EVP and Chief People Officer, reported a tax-related share disposition tied to equity compensation. On February 23, 2026, 4,418 shares of common stock at $69.59 per share were withheld by the company solely to cover income tax obligations from the vesting of 14,886 shares under the 2019 Stock Incentive Plan.
After this tax-withholding disposition, Turpin directly held 41,036 shares of common stock and 27,269 shares under the 2019 Stock Incentive Plan, for which she has voting rights and dividend entitlement but that remain subject to service-based vesting conditions.
BROWN & BROWN, INC. President and CEO J. Powell Brown reported that 44,737 shares of common stock were withheld by the company at $69.59 per share to satisfy income tax withholding related to the vesting of 113,684 shares under the 2019 Stock Incentive Plan.
After this tax-withholding disposition, he directly holds 2,881.434 common shares, along with unvested awards of 108,163 shares under the 2019 plan, 299,264 shares under the 2010 plan, and 32,000 shares under the Performance Stock Plan. Indirect holdings include 1,827,556 shares in a charitable lead annuity trust and 43,849 shares in a 401(k) account, plus shares held by children for which beneficial ownership is disclaimed.
BROWN & BROWN, INC. executive Penny Jerome Scott reported a tax-related share disposition tied to vesting of stock awards. On 2026-02-23, the company withheld 7,058 shares of common stock at $69.59 per share solely to cover income tax withholding on 18,946 vested shares under the 2019 Stock Incentive Plan.
After this withholding, Scott directly owned 272,674 common shares, plus 46,480 unvested shares granted under the 2019 plan where she has voting rights and dividend entitlement subject to service-based vesting conditions. She also jointly owned 357,056 shares with her spouse, held 19,947 shares through a 401(k) plan as of December 31, 2025, and 192 shares were attributed to children, for which she disclaimed beneficial ownership.
BROWN & BROWN, INC. executive Chris L. Walker reported an automatic tax-related share disposition. On the vesting of 5,954 shares under the 2019 Stock Incentive Plan, the company withheld 3,031 common shares at $69.59 per share to cover income tax withholding. After these withholdings, Walker directly holds 163,120 common shares and 49,141 shares tied to awards under the 2019 Stock Incentive Plan, which include restricted stock and restricted stock units subject to service-based vesting conditions.
BROWN & BROWN, INC. Executive Vice President Barrett P. Brown reported a tax-related share disposition. On the vesting of 18,946 shares under the company’s 2019 Stock Incentive Plan, 8,440 common shares were withheld by the company solely to cover income tax withholding, at a price of $69.59 per share. After this tax-withholding disposition, Brown directly owned 1,361,925 common shares. Additional indirect holdings include shares in a charitable lead annuity trust, a 401(k) plan, and shares attributed to children, with beneficial ownership of the children’s shares expressly disclaimed.
BROWN & BROWN, INC. Executive Vice President, CFO and Treasurer Andrew R. Watts reported a tax-withholding disposition of 11,646 shares of common stock at $69.59 per share on February 23, 2026. The shares were withheld by the company solely to cover income tax on the vesting of 32,209 shares under the 2019 Stock Incentive Plan.
After these transactions, Watts directly holds 118,960 shares of common stock and 58,150 shares granted under the 2019 Stock Incentive Plan, which carry voting and dividend rights but remain subject to service-based vesting conditions. He also has indirect ownership of 3,198 shares held by the Watts Family Trust.
Brown & Brown, Inc. is a diversified insurance broker and services firm that generated $5,763 million of commissions and fees in 2025, led by its Retail segment with $3,386 million and Specialty Distribution with $2,379 million. International operations contributed $843 million of revenue.
The company reorganized into two reportable segments following its acquisition of RSC Topco, Inc. (Accession) and ended 2025 with 22,888 employees across extensive U.S. and international locations. Total debt reached $7,613 million, reflecting financing for the Accession transaction.
Brown & Brown highlights numerous risks, including integration and underwriting risks tied to Accession and captive insurance structures, higher leverage from acquisition financing, intense competition, technology and cybersecurity threats, regulatory and international compliance challenges, and human-capital priorities around talent retention, culture, diversity and mental health.
Brown & Brown, Inc. furnished an update on its business performance by announcing results of operations for the fourth quarter and fiscal year ended December 31, 2025. The company did this through a press release dated January 26, 2026, which is included as Exhibit 99.1 to this report and incorporated by reference. The information regarding these results is being furnished, rather than filed, under securities laws, which limits its use for certain liability and incorporation purposes.
Brown & Brown, Inc. furnished an update on its business performance by announcing results of operations for the fourth quarter and fiscal year ended December 31, 2025. The company did this through a press release dated January 26, 2026, which is included as Exhibit 99.1 to this report and incorporated by reference. The information regarding these results is being furnished, rather than filed, under securities laws, which limits its use for certain liability and incorporation purposes.