AGM/EGMMay 7, 2026, 05:02 PM
Brown & Brown Shareholders Approve 6.9M Share Increase for Stock Plan
AI Summary
Brown & Brown, Inc. held its Annual Meeting of Shareholders on May 6, 2026. Shareholders approved an amendment to the 2019 Stock Incentive Plan, increasing available shares by 6,900,000 and extending its term. Additionally, fourteen directors were elected, Deloitte & Touche LLP was ratified as the independent registered public accountants for 2026, and the compensation of Named Executive Officers received advisory approval.
Key Highlights
- Shareholders approved an amendment to the 2019 Stock Incentive Plan.
- The plan now includes an additional 6,900,000 shares and an extended term.
- The SIP amendment was approved with 281,520,155 votes in favor.
- Fourteen directors were elected to serve until the next annual meeting.
- Deloitte & Touche LLP was ratified as independent accountants for 2026 with 290,036,120 votes.
- Named Executive Officers' compensation received advisory approval with 240,765,556 votes.
- A total of 306,507,079 shares (90.27% of outstanding) were voted at the meeting.
Price Impact
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