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. filed an 8-K furnishing its 2025 Global Impact Report, outlining environmental, social and governance initiatives across its global insurance operations. As of December 31, 2025, the company operated from 468 domestic and 246 international locations and employed 22,888 people worldwide.
The report emphasizes a people‑first culture, with 92% of teammates saying Brown & Brown is a Great Place to Work, extensive mental health and financial wellness programs, and broad participation in stock purchase and savings plans. It details diversity, inclusion and belonging efforts, 13 teammate resource groups, and a 72% response rate to its Be Our BEST engagement survey.
On governance and risk, Brown & Brown reports no material information security breaches or material legal proceedings tied to customer privacy incidents over the last three years, and 39 work‑related injuries in 2025. Environmental initiatives include LEED‑certified space and a flagship Somerton, England, office upgraded to an A-rated energy performance certification with solar panels and more efficient heating and cooling.
Brown & Brown Inc ownership disclosure: The Vanguard Group filed Amendment No. 13 to a Schedule 13G/A reporting 0 shares beneficially owned and 0% of common stock as of the amendment. The filing explains an internal realignment on January 12, 2026 that caused certain Vanguard subsidiaries or business divisions to report separately. The form is signed by Ashley Grim on 03/26/2026.
Brown & Brown, Inc. is asking shareholders to vote at its virtual Annual Meeting on May 6, 2026. The Board recommends approving four items: election of 14 directors, ratifying Deloitte & Touche as auditor for 2026, an advisory vote on executive pay, and an amendment to the 2019 Stock Incentive Plan to add shares and extend its term.
The proxy highlights strong 2025 results, including about 23% revenue growth to over $5.9 billion, net income of $1.1 billion, adjusted EBITDAC margin of 36.0%, and operating cash flow of $1.5 billion. The company completed 43 acquisitions with approximately $1.8 billion in annual revenues, led by the large Accession deal, and raised its dividend for the 32nd straight year, returning about $193 million to shareholders. The Board emphasizes director independence, diversity, active risk oversight and a pay-for-performance philosophy under which 2025 annual cash incentives for executives paid below target because organic revenue growth lagged goals.
Brown & Brown, Inc. outlined 2026 incentive plans for key executives. The annual cash bonus will be split 40% based on organic revenue growth, 40% on adjusted EBITDAC margin, and 20% on individual objectives, with payouts ranging from 0% to 200% of target amounts. Target cash incentives are $5,500,000 for J. Powell Brown, $1,400,000 for R. Andrew Watts, $1,100,000 for J. Scott Penny, and $1,400,000 for Chris L. Walker.
The Compensation Committee also approved long-term performance awards under the 2019 Stock Incentive Plan. Performance stock awards for Brown, Watts, and Penny, with grant values of $10,000,000, $5,000,000, and $2,500,000, can pay out 0% to 805% based on five-year share price, earnings per share growth, and relative share price performance versus the S&P 500. Chris Walker received $1,500,000 in performance stock units with a 0% to 299% payout range, vesting over 2031–2033, also tied to multi-year financial and share price goals.
BROWN & BROWN, INC. executive Penny Jerome Scott, EVP Chief Acquisitions Officer, reported equity awards under the company’s 2019 Stock Incentive Plan. On February 26, 2026, she acquired 13,004 common shares tied to a 2023 performance-based grant and an additional 2,676 common shares subject to service-based vesting.
For both grants, she now has voting rights and is entitled to dividends, while full ownership will vest only after specified service conditions are met. The filing also updates her directly and jointly owned share balances, plus indirect holdings through a 401(k) plan and shares attributed to children, for which beneficial ownership is expressly disclaimed.
BROWN & BROWN, INC. executive Chris L. Walker, EVP and Chair of the Specialty Distribution segment, reported stock-based compensation awards rather than open-market trades. On February 26, 2026, he acquired 13,004 shares and an additional 2,141 shares of common stock at $0.00 per share under the company’s 2019 Stock Incentive Plan.
The filing explains that the initial grant tied to the 13,004 shares was made in February 2023, with vesting subject to performance-based conditions that have now been confirmed, and ongoing service-based conditions or qualified retirement before delivery of shares. Related footnotes note voting and dividend or dividend-equivalent rights on restricted stock and restricted stock units, and that 248 shares were previously acquired in July 2025 through the Teammate Stock Purchase Plan with amounts varying due to dividend reinvestment.
BROWN & BROWN, INC. executive Paul M. Gallagher, VP, Controller & CAO, reported an equity award on a Form 4. On February 26, 2026, he acquired 1,070 shares of common stock at $0.0000 per share as a grant under the company’s 2019 Stock Incentive Plan. Footnotes state he has voting rights and dividend entitlement on these shares, but full ownership will vest only after service-based conditions are satisfied. Following this grant, he directly holds 3,952 shares under the 2019 SIP. A separate line shows direct ownership of 447 common shares, including 248 shares acquired through the Teammate Stock Purchase Plan in July 2025.
BROWN & BROWN, INC. executive R. Andrew Watts, EVP, CFO and Treasurer, reported stock awards under the company’s 2019 Stock Incentive Plan. On February 26, 2026, he acquired 26,010 shares tied to performance-based conditions originally granted in 2023, and 6,067 service-based shares, both at no cash cost.
For these awards, he now has voting rights and dividend entitlement, while full ownership will vest only after additional service-based conditions are met. Following these updates, direct holdings reflected in the filing total 118,960 shares, with a further 3,198 shares held indirectly through the Watts Family Trust.
Brown & Brown, Inc. executive Stephen M. Boyd reported stock awards rather than open‑market trades. On February 26, 2026, he acquired 10,404 shares of common stock tied to a 2023 performance-based grant under the 2019 Stock Incentive Plan, after the company confirmed the required performance conditions were met.
He also received a separate 5,710-share service-based award under the same plan. For both grants he now has voting rights and dividend entitlement, while full ownership will vest only after additional service-based conditions are satisfied. Following these awards, he directly holds 83,081 common shares.