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. 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.
Brown & Brown, Inc. executive P. Barrett Brown reported an insider stock gift. On 12/31/2025, he recorded a transaction coded "G" (gift) involving 127,034 shares of Brown & Brown common stock at a reported price of $0.00 per share.
After this transaction, he is shown as beneficially owning 1,827,556 shares held indirectly through the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust, where he is a trustee and remainder beneficiary. He also holds 1,351,419 shares directly, 66,479 shares of restricted stock under the company’s 2019 Stock Incentive Plan, 10,922 shares indirectly through a 401(k) plan, and 2,324 shares indirectly attributed to his children, for which he disclaims beneficial ownership.
Brown & Brown, Inc. insider activity: President and CEO J. Powell Brown, who is also a director, reported a transaction dated 12/31/2025. A Form 4 entry shows a Code G transaction (typically a gift or similar transfer) involving 127,034 shares of common stock at $0.00, after which 1,827,556 shares are shown as indirectly owned through a charitable lead annuity trust where he serves as trustee and remainder beneficiary.
In addition, he reports direct ownership of 2,812,487 shares of common stock, including 248 shares acquired through the company’s Employee Stock Purchase Plan, and restricted shares under the 2019 and 2010 Stock Incentive Plans and the Performance Stock Plan that carry voting and dividend rights but vest only upon meeting service- or performance-based conditions. Indirect holdings also include 43,121 shares in a 401(k) plan and 32,241 shares attributed to his children, for which he disclaims beneficial ownership.
Brown & Brown, Inc. chairman and director J. Hyatt Brown, a 10% owner, reported an insider transaction dated 12/31/2025. The Form 4 shows a transaction coded "G" (a gift or similar transfer) of 127,034 shares of common stock at a stated price of $0.00, moving shares into a charitable lead annuity trust.
Following this transaction, the trust holds 1,827,556 shares indirectly for his benefit, with his spouse and three children serving as trustees and his children as remainder beneficiaries. Separately, Brown indirectly owns 35,997,546 shares through Ormond Riverside, Limited Partnership, whose general partner is fully controlled by a revocable trust he created, giving him sole voting and investment power over those shares.
Brown & Brown, Inc. executive vice president, CFO and treasurer R. Andrew Watts reported stock transfers in company common shares. On 12/19/2025, he recorded a transaction coded "G" involving 3,592 shares of common stock at a reported price of $0.00, leaving him with 98,397 directly held shares noted in the table. The same day, a separate "G" transaction shows 470 shares acquired indirectly at $0.00 for the Watts Family Trust, after which the trust held 3,198 shares. Another line lists 90,359 shares of common stock granted under the company’s 2019 Stock Incentive Plan, for which Watts has voting and dividend rights, but full ownership depends on meeting service-based vesting conditions. A footnote states that 248 of the plan shares were acquired through the company’s Employee Stock Purchase Plan in July 2025.
Brown & Brown executive Stephen M. Boyd reported a change in his company shareholdings. On 12/17/2025, he disposed of 1,500 shares of Brown & Brown common stock at a reported price of $0.00 per share. After this transaction, he beneficially owned 75,636 shares of common stock directly, including 248 shares acquired through the company's Employee Stock Purchase Plan in July 2025.
In addition, Boyd held 59,611 shares granted under the company's 2019 Stock Incentive Plan, for which he currently has voting rights and receives dividends, while full ownership will depend on satisfying service-based conditions.
Brown & Brown, Inc. executive reports insider stock transaction. Executive Vice President P. Barrett Brown reported a transaction dated 12/15/2025 involving 474 shares of Brown & Brown common stock coded as a gift at a price of $0.00.
After this transaction, Brown directly holds 1,351,419 shares of common stock, including 248 shares acquired through the company’s Employee Stock Purchase Plan in July 2025. He also has 66,479 shares granted under the 2019 Stock Incentive Plan that are subject to service-based vesting conditions, 1,954,590 shares held indirectly through the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust, 10,922 shares in a 401(k) plan as of December 31, 2024, and 2,324 shares owned by children for which he disclaims beneficial ownership.