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.
Brown & Brown, Inc.'s SEC filings document the operations, governance and capital structure of a diversified insurance agency, wholesale brokerage and insurance programs organization. Form 8-K filings furnish quarterly and annual operating results, Regulation FD materials, investor presentations, Global Impact Report disclosures and material-event updates tied to the company's insurance distribution business.
Proxy materials cover shareholder voting matters, board governance and executive compensation, including incentive metrics based on organic revenue growth and adjusted EBITDAC margin. The filing record also addresses dividends, risk factors, forward-looking-statement cautions and capital-structure disclosures for the company's common stock.
BROWN & BROWN, INC. President and CEO J. Powell Brown reported stock awards under the company’s equity plans. On February 26, 2026, he acquired 78,030 shares of common stock at $0.00 per share under the 2019 Stock Incentive Plan after performance-based conditions were confirmed as satisfied. On February 25, 2026, he also received a separate grant of 17,844 shares under the same plan at no cost.
For these awards, he already has voting rights and dividend entitlement, while full ownership depends on meeting additional service-based conditions. The filing also updates his holdings in earlier stock incentive plans, a performance stock plan, a 401(k) account, shares held for his children, and a charitable lead annuity trust.
Brown & Brown, Inc. Executive Vice President Brown P. Barrett reported an acquisition of 13,004 shares of common stock on February 26, 2026, recorded at $0.00 per share. These shares were granted under the company’s 2019 Stock Incentive Plan.
The initial grant was made in February 2023 and became effective when the company confirmed that performance-based conditions were satisfied on February 26, 2026. Barrett now has voting rights and dividend entitlements on these shares, although full ownership will vest only after additional service-based conditions are met.
Following this award, direct holdings under the 2019 Stock Incentive Plan total 60,537 shares. Separate from this, direct common stock holdings are 1,361,925 shares, with additional indirect interests including 1,827,556 shares held in a charitable lead annuity trust where he serves as trustee and remainder beneficiary, 11,159 shares in a 401(k) plan as of December 31, 2025, and 2,324 shares held by his children, for which beneficial ownership is disclaimed.
Hearn Stephen Patrick reported acquisition or exercise transactions in this Form 4 filing.
BROWN & BROWN, INC. executive Stephen Patrick Hearn, EVP, COO and President of the Retail Segment, reported an equity award under the company’s 2019 Stock Incentive Plan. He received 7,137 shares of common stock at no cash cost, bringing his directly held total to 10,385 shares. The grant includes dividend equivalent rights, but the underlying shares will only be delivered after specified service-based conditions are satisfied.
Brown & Brown EVP and Chief People Officer Julie Turpin reported stock awards under the company’s 2019 Stock Incentive Plan. On February 26, 2026, she acquired 11,704 shares tied to performance conditions originally granted on February 20, 2023, once those performance goals were confirmed as met.
She also acquired a separate grant of 2,855 service-based shares on the same date. For both awards, she currently has voting rights and dividend entitlement, but full ownership will vest only after additional service-based conditions are satisfied. A footnote also notes 248 shares previously acquired through the Teammate Stock Purchase Plan in July 2025.
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.