SEC Form 8-K Summary
Registrant: BRP Group, Inc. (the request metadata identifies Baldwin Insurance Group, Inc.; the filing itself identifies BRP Group, Inc.)
Reporting date: June 21, 2022; filed June 22, 2022. The filing reports results of the company’s 2022 Annual Meeting of Shareholders under Item 5.07.
Business Context and Reporting Period
The company held its 2022 Annual Meeting of Shareholders on June 21, 2022, with a quorum present. The company’s Class A common stock traded under the symbol BRP on Nasdaq.
Financial Metrics and Liquidity
This filing does not provide revenue, profit, cash flow, margin, debt, liquidity, or other operating or financial performance metrics.
Material Meeting Results
- Election of directors: Joseph Kadow, Chris Sullivan, Kris Wiebeck, and Myron Williams were elected to terms expiring at the 2025 annual meeting or until their successors are elected and qualified.
- Say-on-pay: Shareholders approved, on a non-binding advisory basis, the compensation of the company’s named executive officers. The vote was 81,812,096 for, 70,572 against, 1,667,823 abstentions, and 3,037,582 broker non-votes.
- Say-on-pay frequency: Shareholders approved annual advisory votes on executive compensation. The vote was 83,341,730 for one year, 155,344 for two years, 48,906 for three years, 4,511 abstentions, and 3,037,582 broker non-votes. The board adopted annual voting until the next frequency vote.
- Auditor ratification: Shareholders ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the year ending December 31, 2022. The vote was 86,584,411 for, 3,620 against, and 42 abstentions.
Guidance, Outlook, Risks, and Unusual Items
The filing provides no financial guidance, outlook, risk update, contingencies, or unusual operating items. Its principal corporate-governance developments are the election of four directors, approval of executive compensation, adoption of annual say-on-pay voting, and auditor ratification.
Investor Verification Items
- Confirm the registrant identity, because the filing names BRP Group, Inc., while the request metadata names Baldwin Insurance Group, Inc.
- Verify the elected directors’ biographies, committee assignments, and 2025 term expirations in subsequent filings.
- Review future proxy materials for the company’s annual say-on-pay voting practice and executive compensation disclosures.
- Confirm PricewaterhouseCoopers LLP’s continued appointment and any subsequent auditor or accounting matters.