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AI English summary of an SEC filing — figures as filed

Brown & Brown logoBrown & Brown BRO

Brown & Brown said it held its annual shareholders meeting on May 8, 2024. Of the 285,340,698 shares outstanding and entitled to vote as of the record date, March 4, 2024, 262,993,963 shares, or about 92%, were represented in person or by proxy, which constituted a quorum.

8-KSubmission of Matters to a Vote of Security HoldersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Brown & Brown said it held its annual shareholders meeting on May 8, 2024. Of the 285,340,698 shares outstanding and entitled to vote as of the record date, March 4, 2024, 262,993,963 shares, or about 92%, were represented in person or by proxy, which constituted a quorum.

  2. The company said shareholders elected 14 directors to serve until the next annual meeting. For example, Paul J. Krump received 242,182,336 votes for and 400,249 votes withheld, and H. Palmer Proctor, Jr. received 210,051,188 votes for and 32,531,397 votes withheld.

  3. The company said shareholders approved Deloitte & Touche LLP as independent accounting firm for the fiscal year ending December 31, 2024. Of the shares voted, 252,495,249 voted in favor, 10,266,642 voted against and 232,072 abstained.

  4. The company said shareholders approved, on an advisory basis, the compensation of the Named Executive Officers. Of the shares voted, 228,748,624 voted in favor, 10,177,711 voted against and 3,656,232 abstained, and there were 20,411,396 broker non-votes.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Quorum met at annual shareholders meeting on May 8, 2024

Brown & Brown said it held its annual shareholders meeting on May 8, 2024. Of the 285,340,698 shares outstanding and entitled to vote as of the record date, March 4, 2024, 262,993,963 shares, or about 92%, were represented in person or by proxy, which constituted a quorum.

Source · Based on the filing body and exhibits

Elects 14 directors; individual votes for and withheld

The company said shareholders elected 14 directors to serve until the next annual meeting. For example, Paul J. Krump received 242,182,336 votes for and 400,249 votes withheld, and H. Palmer Proctor, Jr. received 210,051,188 votes for and 32,531,397 votes withheld.

Source · Based on the filing body and exhibits

Shareholders approve Deloitte & Touche LLP as auditor

The company said shareholders approved Deloitte & Touche LLP as independent accounting firm for the fiscal year ending December 31, 2024. Of the shares voted, 252,495,249 voted in favor, 10,266,642 voted against and 232,072 abstained.

Source · Based on the filing body and exhibits

Shareholders approve advisory vote on executive pay

The company said shareholders approved, on an advisory basis, the compensation of the Named Executive Officers. Of the shares voted, 228,748,624 voted in favor, 10,177,711 voted against and 3,656,232 abstained, and there were 20,411,396 broker non-votes.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.