Brady Corp counsel vests 5,389 RSUs, withholds shares
General Counsel Andrew Gorman’s RSUs will vest Sept. 1, 2026, settling into shares and triggering $ tax withholding to cover liabilities.
Rhea-AI Filing Summary
BRADY CORP (BRC) reported that officer Andrew Gorman, General Counsel and Corporate Secretary, had 5,389 restricted stock units vest on September 1, 2026, each settling into one share of Class A Common Stock. On the same date, 2,532 shares were withheld to cover associated tax liabilities. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gorman Andrew
Role
General Counsel&Corp Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 5,389 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F2 | 2,532 | $90.69 | $230K |
Holdings After Transaction:
Class A Common Stock — 18,063 shares (Direct)
Footnotes (2)
- F1. Represents restricted stock units which vested upon achievement of certain financial performance goals over a three-year period. Each restricted stock unit was settled solely by delivery of one share of Class A Common Stock.
- F2. Represents shares withheld to cover taxes on 5,389 restricted stock units that vested on September 1, 2026.
Key Figures
RSUs vested: 5,389 units
Shares withheld for taxes: 2,532 shares
Withholding reference price: $90.69 per share
3 metrics
RSUs vested
5,389 units
Restricted stock units vested on September 1, 2026 and settled into Class A Common Stock
Shares withheld for taxes
2,532 shares
Shares of Class A Common Stock withheld to cover taxes on vested RSUs
Withholding reference price
$90.69 per share
Price used on the 2,532-share tax-withholding transaction dated September 1, 2026
Key Terms
restricted stock units, Class A Common Stock, tax liability, withheld to cover taxes
4 terms
restricted stock units financial
"Represents restricted stock units which vested upon achievement of certain financial performance goals"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"Each restricted stock unit was settled solely by delivery of one share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax liability financial
"Represents shares withheld to cover taxes on 5,389 restricted stock units"
withheld to cover taxes financial
"Represents shares withheld to cover taxes on 5,389 restricted stock units"
FAQ
What equity award activity did BRC report for Andrew Gorman on this Form 4?
Andrew Gorman had 5,389 restricted stock units vest on September 1, 2026, each settling into one share of Class A Common Stock, and 2,532 shares were withheld to cover taxes related to that vesting.
What type of security was involved in Andrew Gorman’s Form 4 for BRC?
The transactions involved Class A Common Stock of BRADY CORP (BRC), issued upon vesting of restricted stock units and partially withheld to satisfy related tax obligations.
Was a Rule 10b5-1 trading plan used for Andrew Gorman’s BRC transactions?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and there is no footnote stating that these transactions were made pursuant to a Rule 10b5-1 trading plan.
Were Gorman’s BRC transactions open-market purchases or sales?
No open-market trades are reported. The Form 4 shows RSU vesting into Class A Common Stock and a withholding of 2,532 shares for tax liability, rather than market purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.