BRADY CORP (NYSE: BRC) executive receives 15,506 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bojarski Olivier reported acquisition or exercise transactions in this Form 4 filing.
BRADY CORP executive equity grant: President Americas & Asia Olivier Bojarski received an award of 15,506 restricted stock units of Class A Common Stock at no cash cost. These RSUs vest 25%, 25%, and 50% on the second, third, and fourth anniversaries of the grant date. After this grant, Bojarski directly owns 35,957 shares, including unvested RSUs that will settle in shares as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bojarski Olivier
Role
President Americas & Asia
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 15,506 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 35,957 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 15,506 units
Post-transaction holdings: 35,957 shares
Grant price: $0.00 per share
+3 more
6 metrics
RSUs granted
15,506 units
Award of restricted stock units of Class A Common Stock
Post-transaction holdings
35,957 shares
Total Class A Common Stock directly owned after grant
Grant price
$0.00 per share
Equity award, no cash purchase price
Vesting tranche 1
25% of 15,506 units
Vest on second anniversary of grant date
Vesting tranche 2
25% of 15,506 units
Vest on third anniversary of grant date
Vesting tranche 3
50% of 15,506 units
Vest on fourth anniversary of grant date
Key Terms
restricted stock units, Class A Common Stock, grant date
3 terms
restricted stock units financial
"Represents restricted stock units which vest in increments of 25%, 25%, and 50%."
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 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 date financial
"Vests in increments of 25%, 25%, and 50% upon the second, third, and fourth anniversaries of the grant date."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What insider transaction did BRADY CORP (BRC) report for Olivier Bojarski?
BRADY CORP reported that executive Olivier Bojarski received 15,506 restricted stock units of Class A Common Stock as an equity award. The grant carries no cash purchase price and increases his direct holdings to 35,957 shares, including the newly awarded units.
How do Olivier Bojarski’s new BRADY CORP restricted stock units vest?
The 15,506 restricted stock units vest in three stages: 25% on the second anniversary of the grant date, another 25% on the third anniversary, and the remaining 50% on the fourth anniversary. This staggered schedule is designed to encourage longer-term retention.
What happens when Olivier Bojarski’s BRADY CORP restricted stock units vest?
When each portion of the restricted stock units vests, it will be settled solely in Class A Common Stock. Each vested unit converts into one share, meaning all 15,506 units will ultimately deliver 15,506 shares if all vesting conditions are met.