The estimated Net Worth of Lawrence L Iii Gellerstedt is at least $1.82 Million dollars as of 10 February 2023. Mr. Gellerstedt owns over 3,400 units of Brown & Brown stock worth over $1,639,799 and over the last 19 years he sold BRO stock worth over $15,372. In addition, he makes $159,979 as Independent Director at Brown & Brown.
Lawrence has made over 13 trades of the Brown & Brown stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 3,400 units of BRO stock worth $196,928 on 10 February 2023.
The largest trade he's ever made was exercising 66,166 units of Brown & Brown stock on 30 May 2018 worth over $418,831. On average, Lawrence trades about 2,359 units every 68 days since 2005. As of 10 February 2023 he still owns at least 16,284 units of Brown & Brown stock.
You can see the complete history of Mr. Gellerstedt stock trades at the bottom of the page.
Lawrence L. Gellerstedt III serves as Independent Director of the Company. Mr. Gellerstedt served as Chairman of the Board and Chief Executive Officer of Cousins Properties Incorporated (Cousins) since July 2017. He previously served as President and Chief Executive Officer of Cousins from July 2009 to July 2017. Prior to this time, he held other roles at Cousins, including President and Chief Operating Officer, Executive Vice President and Chief Development Officer, and Senior Vice President and President of the Office/Multi-Family Division. Mr. Gellerstedt joined Cousins in 2005 following the acquisition of his firm, The Gellerstedt Group. He currently serves as a director of Georgia Power Co., a publicly held company, and previously served as a director of WestRock Company (formerly RockTenn Company) from 2000 to 2017.
As the Independent Director of Brown & Brown, the total compensation of Lawrence Gellerstedt at Brown & Brown is $159,979. There are 16 executives at Brown & Brown getting paid more, with J. Powell Brown C.P.C.U., CPCU having the highest compensation of $6,261,018.
Lawrence Gellerstedt is 63, he's been the Independent Director of Brown & Brown since 2018. There are 7 older and 18 younger executives at Brown & Brown. The oldest executive at Brown & Brown, Inc. is Hugh Brown, 84, who is the Independent Director.
Lawrence's mailing address filed with the SEC is 300, North Beach Street, Daytona Beach, Volusia County, Florida, 32114, United States.
Over the last 21 years, insiders at Brown & Brown have traded over $111,940,081 worth of Brown & Brown stock and bought 73,710 units worth $3,203,762 . The most active insiders traders include Hyatt J Brown, Wendell Reilly, and C Roy Bridges. On average, Brown & Brown executives and independent directors trade stock every 49 days with the average trade being worth of $3,392,986. The most recent stock trade was executed by Hyatt J Brown on 29 August 2024, trading 134,640 units of BRO stock currently worth $14,071,226.
brown & brown is an independent insurance intermediary that, through its licensed subsidiaries, provides a variety of insurance products and services to corporate, public entity, institutional, trade, professional, association and individual clients. becoming a teammate at brown & brown insurance introduces you to a career with virtually unlimited possibilities. our unique corporate culture rewards self-starters and hard workers who adhere to our commitment to do what is best for our clients. with brown & brown you will get the training, the mentoring and the tools you need to succeed. headquartered in daytona beach, we are located all across the united states, with products and services offered through four major business divisions. we are listed on the nyse at bro. our corporate culture is built on vision, speed, agility and strength that allows us to thrive in the very competitive insurance environment. this unique culture has enabled us to quickly chase down new opportunities, adap
Brown & Brown executives and other stock owners filed with the SEC include: