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Insider Trends: Brown & Brown Insider Extends 90-Day Selling Trend

05/07/2021 13:15

05:02 PM EDT, 05/07/2021 (MT Newswires) -- Robert W Lloyd, EVP, Secy, General Counsel, on May 06, 2021, sold 9,629 shares in Brown & Brown (BRO) for $515,344. Subsequent to the Form 4 filing with the SEC, Lloyd has 30,904 shares of company stock, which have a market value of $1.65 million as of the prior-day closing price.

In the 90 days prior to the date of this filing, there have been 22 insider transactions reported to the SEC for Brown & Brown. These transactions came from the activities of 10 individual insiders that resulted in a net disposition of 781,959 company shares. This compares with the preceding 90-day window of time where there were 3 transactions from 2 insiders that resulted in the net disposition of 135 shares.

This level of insider transactions is below that of the peer group average in the 9-company Insurance Brokers peer group over the last 90-day period. Peer group activity averaged 358.1 transactions per company, and disposition of 236,968 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/79282/000120919121030960/xslF345X03/doc4.xml

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