secwatch.observer — SEC 8-K summary
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Issuer:     BROWN & BROWN, INC. (BRO)
CIK:        0000079282
Form:       8-K
Filed at:   2023-01-19T23:59:59+00:00
Accession:  0000950170-23-000930
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brown & Brown appoints Jaymin Patel to board; Hugh Brown becomes emeritus
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- Board expanded from 12 to 13 directors; appointed Jaymin B. Patel (age 55), effective Jan 17, 2023.
- Hugh M. Brown will not seek re-election at the 2023 annual meeting; named director emeritus.
- Amended bylaws include proxy access for shareholders owning 3% of stock for 3+ years.
- Bylaws also add forum selection clause for Securities Act claims in federal courts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/79282/000095017023000930/0000950170-23-000930-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/79282/000095017023000930/bro-20230117.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-000930

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer