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. 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.
Brown & Brown, Inc. insider J. Hyatt Brown, who serves as chairman, director, and a 10% owner, reported a transaction in the company’s common stock dated 12/15/2025. The filing shows a disposition coded “G” of 1,422 shares at a price of $0.00, affecting his indirect holdings in an affiliated limited partnership.
After this transaction, the form reports 35,997,546 shares held indirectly through Ormond Riverside, Limited Partnership, and 1,954,590 shares held indirectly through the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust. The explanatory notes describe a trust and partnership structure through which Brown and related parties hold voting and investment power over these shares.
Brown & Brown president and CEO J. Powell Brown, who also serves as a director, reported acquiring 474 shares of the company’s common stock on 12/15/2025 at a price of $0.00 per share. After this transaction, he directly owned 2,812,487 common shares.
He also reported additional holdings through the company’s 2019 and 2010 stock incentive plans and a performance stock plan, along with indirect holdings in a 401(k), a charitable lead annuity trust, and shares held by his children, for which he disclaims beneficial ownership.
Capital World Investors filed a Schedule 13G reporting beneficial ownership of 17,503,659 shares of Brown & Brown, Inc. common stock, representing 5.3% of the class as of 09/30/2025.
The filer reports sole voting power over 17,503,659 shares and sole dispositive power over 17,503,659 shares, with no shared power. The filing notes the stake equals 5.3% of 329,842,812 shares believed outstanding. The certification states the securities were acquired and are held in the ordinary course and not for the purpose of changing or influencing control.
The Vanguard Group filed Amendment No. 12 to Schedule 13G reporting its beneficial ownership of Brown & Brown, Inc. (BRO) common stock. Vanguard reports 37,330,892 shares beneficially owned, representing 11.31% of the class as of 09/30/2025.
The filing lists 0 shares with sole voting power and 1,719,399 shares with shared voting power. Vanguard has sole dispositive power over 34,575,677 shares and shared dispositive power over 2,755,215 shares. The filer is classified as an investment adviser (IA).
Vanguard states the securities were acquired and are held in the ordinary course of business and not to change or influence control. Vanguard’s clients have rights to dividends and sale proceeds related to the reported securities, and no single other person’s interest exceeds 5%.
Brown & Brown, Inc. (BRO) reported third‑quarter results and closed a major acquisition. Q3 2025 total revenues were $1,606 million, up from $1,186 million a year ago, driven by higher base commissions and fees across Retail and Specialty Distribution. Net income attributable to the Company was $227 million versus $234 million, with diluted EPS of $0.68 versus $0.81.
The Company completed the acquisition of RSC Topco, Inc. (Accession) for $9,598 million, including $8,293 million in cash and $612 million in common stock, with an escrow structure recorded as a liability subject to mark‑to‑market. To fund the deal, BRO issued new senior notes and completed a follow‑on common stock offering, contributing to long‑term debt of $7,653 million at quarter‑end and total debt of $7,728 million. Cash from financing was $7,851 million; investing cash outflows were $7,701 million primarily for acquisitions.
Total assets rose to $29,354 million, including goodwill of $14,891 million and amortizable intangibles of $4,952 million. Shares outstanding were 341,420,790 as of October 24, 2025.