other material
confidence high
sentiment neutral
materiality 0.55
Shareholders approve 6.9M share increase to Brown & Brown stock incentive plan
BROWN & BROWN, INC.
- Shareholders approved amendment to 2019 Stock Incentive Plan, increasing authorized shares by 6.9 million and extending term to May 6, 2036.
- Vote tally: 281,520,155 for, 2,432,780 against, 331,512 abstain, 22,222,632 broker non-votes.
- All 14 director nominees elected; Deloitte & Touche ratified as auditor; advisory say-on-pay approved.
- Total authorized shares under plan now 16,171,372, inclusive of prior increases and shares from 2010 plan.