secwatch.observer — SEC 8-K summary
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Issuer:     BROWN & BROWN, INC. (BRO)
CIK:        0000079282
Form:       8-K
Filed at:   2026-03-04T23:59:59+00:00
Accession:  0001193125-26-091840
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brown & Brown sets 2026 executive cash incentive targets and awards $19M in performance stock
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- 2026 cash incentive targets: CEO J. Powell Brown $5.5M; three other NEOs $1.1-1.4M each.
- Granted $17.5M in performance-based restricted stock to CEO, CFO, and President; max payout 805%.
- Granted $1.5M in performance stock units to EVP Chris L. Walker; max payout 299%.
- PSA/PSU vesting tied to 5-year CAGR of share price and EPS, with relative TSR vs S&P 500 modifier.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/79282/000119312526091840/0001193125-26-091840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/79282/000119312526091840/bro-20260226.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-091840

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