[Form 4] BRADY CORP Insider Trading Activity

Rhea-AI Filing Summary

Brett Wilms, President - EMEA & Australia and a director at Brady Corporation (BRC), reported an acquisition of 3,188 restricted stock units on 10/02/2025. The RSUs were granted at no cash price and will vest one-third each year over the three years following the grant date; each vested unit will convert into one share of Class A common stock. After this grant, Mr. Wilms' beneficial ownership totals 7,672 shares. The filing was signed by an attorney-in-fact on 10/06/2025.

Positive

• 3,188 RSUs granted aligns executive compensation with long-term retention
• Vesting over three years supports retention without immediate cash outflow

Negative

• Dilution will occur upon vesting as each RSU converts to one share of Class A common stock
• No cash purchase (grant price $0) increases future share issuance risk

Insights

Corporate Insider Compensation Analyst

New RSU grant increases executive stake and aligns pay with multi-year retention

The grant of $0-priced restricted stock units totaling 3,188 units ties compensation to continued service because the RSUs vest one-third annually over three years. This structure preserves cash while giving the officer future equity exposure.

The main dependency is continued employment during each vesting tranche; the material near-term effect is dilution only when RSUs vest and convert to shares. Watch annual vesting events over the next 3 years for incremental share issuance and changes in reported beneficial ownership.

Corporate Governance Specialist

Grant reflects standard retention practice, modest immediate impact on control

Vesting over three years is a routine retention tool and does not change voting until shares are delivered. The filing shows total beneficial ownership at 7,672 shares post-grant, which remains a limited percentage unless disclosed otherwise.

Relevant near-term monitors include the first vesting date (one-third vested) in roughly one year and any subsequent disclosures if grants are settled in shares rather than cash. Examine future Section 16 filings at those times for realized share counts.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wilms Brett

(Last) (First) (Middle)

6555 W GOOD HOPE ROAD

(Street)

MILWAUKEE WI 53223

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BRADY CORP [ BRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President - EMEA & Australia

3. Date of Earliest Transaction (Month/Day/Year)
10/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	10/02/2025		A		3,188(1)	A	$0	7,672	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units which vest one third each year for the three years subsequent to the grant date. Upon vesting, each restricted stock unit will be settled solely by delivery of one share of Class A Common Stock.

Remarks:

	Heidi Knueppel, Attorney-In-Fact	10/06/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Brett Wilms report on Form 4 for BRC?

He reported an acquisition of 3,188 restricted stock units on 10/02/2025, granted at $0, with total beneficial ownership of 7,672 shares after the grant.

How do the RSUs granted to the BRC officer vest?

The RSUs vest one-third each year over the three years following the grant date; each vested unit is settled by delivery of one Class A common share.

Will these RSUs immediately change voting power at Brady Corporation (BRC)?

No. Voting rights occur only when RSUs are settled into shares upon vesting; the grant itself does not confer immediate voting power.

When should investors expect the first share issuance from this grant?

The first tranche (one-third of 3,188 units) will vest and be eligible for settlement approximately one year after the grant date.

Who signed the Form 4 filing for this transaction?

The filing was signed by Heidi Knueppel, Attorney-In-Fact on 10/06/2025.