BRC Form 4: Director deferred 1,728 shares into compensation account
Rhea-AI Filing Summary
Brady Corporation director Christopher M. Hix acquired 1,728 unrestricted shares of Class A common stock as compensation for board service on 10/02/2025. The shares were reported at a per-share value of $78.16 and the reporting owner elected to defer these shares into his Brady Corporation Deferred Compensation account. After the transaction, the reporting person beneficially owns 5,306 shares indirectly through the deferred compensation arrangement. The Form 4 was signed by an attorney-in-fact on 10/06/2025 and lists the reporting person as a director.
Positive
- Director alignment: Received 1,728 shares as compensation, aligning interests with shareholders
- Deferred compensation: Shares were deferred into the Brady Corporation Deferred Compensation account, indicating retention rather than immediate sale
Negative
- None.
Insights
Director received stock compensation and deferred it into a company deferred compensation account.
The director's acquisition of 1,728 Class A shares as board compensation is a routine governance practice that aligns director pay with shareholder outcomes while using the deferred compensation plan to postpone immediate sale or tax events. The shares were recorded at $78.16 per share and moved into an indirect holding via the Brady Corporation Deferred Compensation account.
This transaction modestly increases the director's indirect ownership to 5,306 shares; monitor future Form 4 filings for any changes in timing of distribution from the deferred plan or additional grants during the next 12 months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,728 | $78.16 | $135K |
Footnotes (1)
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