Stephen M Boyd, Executive Vice President and President Wholesale Brokerage, made $409,083 from trading in Brown & Brown (NYSE:BRO) stocks.

What Happened: According to a filing with the U.S. Securities and Exchange Commission, Stephen M Boyd exercised options to sell Brown & Brown shares on Friday, August 27 at a price of $58.03 per share, for a netted profit of $409,083.

After the transaction, Stephen M Boyd still has a total of 44,193 of Brown & Brown stock worth $2,564,343, based on the price of $58.03.