[Form 4] BRADY CORP Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brady Corp President & CEO Vineet A. Nargolwala reported an acquisition of 39,698 shares-equivalent through a stock award. The Form 4 shows a grant of 39,698 shares of Class A Common Stock at $0.00 per share, leaving him with 39,698 shares directly held. A footnote explains this represents restricted stock units that vest in three equal annual installments after the grant date, with each unit settling into one share of Class A Common Stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nargolwala Vineet A
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 39,698 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 39,698 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 39,698 shares
Grant price: $0.00 per share
Shares held after grant: 39,698 shares
+1 more
4 metrics
Shares granted
39,698 shares
Restricted stock unit award to CEO Vineet A. Nargolwala
Grant price
$0.00 per share
Stock award of Class A Common Stock
Shares held after grant
39,698 shares
Total direct Class A Common Stock ownership after transaction
Vesting term
3 years
Restricted stock units vest one third each year after grant
Key Terms
restricted stock units, Class A Common Stock, Grant, award, or other acquisition, transaction code A
4 terms
restricted stock units financial
"Represents restricted stock units which vest one third each year"
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
"Upon vesting, each restricted stock unit will be 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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
transaction code A financial
"transaction_code": "A""