Last updated: 27 February 2024 at 6:00pm EST

Jerome Penny Net Worth




The estimated Net Worth of Jerome Scott Penny is at least $42.9 Million dollars as of 19 December 2019. Mr. Penny owns over 30,000 units of Brown & Brown stock worth over $35,955,539 and over the last 17 years he sold BRO stock worth over $4,824,800. In addition, he makes $2,088,280 as Executive Vice President and Chief Acquisition Officer at Brown & Brown.

Mr. Penny BRO stock SEC Form 4 insiders trading

Jerome has made over 13 trades of the Brown & Brown stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 30,000 units of BRO stock worth $1,184,100 on 19 December 2019.

The largest trade he's ever made was exercising 94,656 units of Brown & Brown stock on 19 December 2012 worth over $1,601,580. On average, Jerome trades about 6,485 units every 55 days since 2008. As of 19 December 2019 he still owns at least 357,056 units of Brown & Brown stock.

You can see the complete history of Mr. Penny stock trades at the bottom of the page.





Jerome Penny biography

Jerome Scott Penny is Executive Vice President, Chief Acquisition Officer of the Company. Mr. Penny has been our Chief Acquisitions Officer since 2011, and he serves as director and as an executive officer for several of our subsidiaries. He served as a Regional President from 2010 to 2014 and Regional Executive Vice President from 2002 to July 2010. From 1999 until January 2003, Mr. Penny served as profit center leader of our Indianapolis, Indiana retail office. Prior to that, Mr. Penny served as profit center leader of our Jacksonville, Florida retail office from 1997 to 1999. From 1989 to 1997, Mr. Penny was employed as an account executive and marketing representative in our Daytona Beach, Florida office.

What is the salary of Jerome Penny?

As the Executive Vice President and Chief Acquisition Officer of Brown & Brown, the total compensation of Jerome Penny at Brown & Brown is $2,088,280. There are 8 executives at Brown & Brown getting paid more, with J. Powell Brown C.P.C.U., CPCU having the highest compensation of $6,261,018.



How old is Jerome Penny?

Jerome Penny is 53, he's been the Executive Vice President and Chief Acquisition Officer of Brown & Brown since 2015. There are 17 older and 8 younger executives at Brown & Brown. The oldest executive at Brown & Brown, Inc. is Hugh Brown, 84, who is the Independent Director.

What's Jerome Penny's mailing address?

Jerome's mailing address filed with the SEC is 300, North Beach Street, Daytona Beach, Volusia County, Florida, 32114, United States.

Insiders trading at Brown & Brown

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.



What does Brown & Brown do?

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



What does Brown & Brown's logo look like?

Brown & Brown, Inc. logo

Complete history of Mr. Penny stock trades at Brown & Brown

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
19 Dec 2019 Jerome Scott Penny
EVP Chief Acquisitions Officer
Sale 30,000 $39.47 $1,184,100
19 Dec 2019
357,056
30 Aug 2017 Jerome Scott Penny
EVP Chief Acquisitions Officer
Option 20,000 $18.48 $369,600
30 Aug 2017
65,356
1 Dec 2016 Jerome Scott Penny
EVP Chief Acquisitions Officer
Sale 10,000 $43.56 $435,600
1 Dec 2016
148,989
23 Nov 2016 Jerome Scott Penny
EVP Chief Acquisitions Officer
Sale 15,000 $42.64 $639,600
23 Nov 2016
158,989
29 Mar 2016 Jerome Scott Penny
EVP Chief Acquisitions Officer
Sale 15,000 $35.41 $531,150
29 Mar 2016
164,040
29 Mar 2016 Jerome Scott Penny
EVP Chief Acquisitions Officer
Sale 15,000 $35.41 $531,150
29 Mar 2016
164,040
17 Mar 2016 Jerome Scott Penny
EVP Chief Acquisitions Officer
Option 34,589 $18.48 $639,205
17 Mar 2016
34,589
17 Mar 2016 Jerome Scott Penny
EVP Chief Acquisitions Officer
Option 34,589 $18.48 $639,205
17 Mar 2016
34,589
17 Jun 2015 Jerome Scott Penny
EVP Chief Acquisitions Officer
Sale 15,000 $33.39 $500,850
17 Jun 2015
197,513
30 Dec 2013 Jerome Scott Penny
EVP Chief Acquisitions Officer
Option 5,411 $18.48 $99,995
30 Dec 2013
51,892
22 Mar 2013 Jerome Scott Penny
EVP Chief Acquisitions Officer
Sale 15,000 $31.49 $472,350
22 Mar 2013
45,315
19 Dec 2012 Jerome Scott Penny
EVP Chief Acquisitions Officer
Option 94,656 $16.92 $1,601,580
19 Dec 2012
126,005
27 Jun 2012 Jerome Scott Penny
EVP Chief Acquisitions Officer
Sale 20,000 $26.50 $530,000
27 Jun 2012
129,363


Brown & Brown executives and stock owners

Brown & Brown executives and other stock owners filed with the SEC include: