[Form 4] BRADY CORP Insider Trading Activity

Rhea-AI Filing Summary

Insider transactions by Brady Corporation (BRC): The company's Chief Operating Officer received 3,679 restricted stock units (RSUs) that vest one-third annually over three years and will settle in Class A common shares. On 10/02/2025, 1,730 RSUs vested and 812 shares were withheld to cover taxes at a reported price of $78.16, leaving the reporting person with 15,690 Class A shares directly beneficially owned after the transactions. The filing was signed on 10/06/2025 by an attorney-in-fact.

Positive

• 3,679 RSUs granted with one-third vesting annually provides multi-year retention incentives
• Vested RSUs settle in Class A common stock, directly increasing equity alignment with shareholders

Negative

• 812 shares were withheld to satisfy taxes on vested RSUs, reducing immediate share count
• Reported share count fell from 16,502 to 15,690 after transactions

Insights

Equity Compensation Analyst

TL;DR: Executive received time-vested RSUs; partial share withholding used for taxes, slightly reducing net holdings.

The grant of 3,679 RSUs that vest one-third each year creates a predictable compensation schedule that aligns the reporting person's incentives with multi-year performance and retention. Each vested RSU converts into one share of Class A common stock on settlement, increasing potential future share count.

Tax withholding of 812 shares on the 10/02/2025 vesting at a price of $78.16 reduced immediate share ownership to 15,690 shares. This is a routine withholding event and does not indicate an open-market cash sale by the reporting person.

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
Estimated average burden
hours per response:			0.5

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^*

DeBruine Thomas F

(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)
	Chief Operating Officer

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		3,679(1)	A	$0	16,502	D
Class A Common Stock	10/02/2025		F		812(2)	D	$78.16	15,690	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.

2. Represents shares withheld to cover taxes on 1,730 restricted stock units that vested on October 2, 2025.

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 BRC insider Thomas DeBruine report on 10/02/2025?

He reported the grant of 3,679 RSUs, vesting one-third annually, and that 1,730 RSUs vested on 10/02/2025.

How many shares were withheld for taxes and at what price?

812 shares were withheld to cover taxes on vested RSUs at a reported price of $78.16.

How many Class A shares does the reporting person own after the transactions?

The reporting person beneficially owned 15,690 Class A shares following the reported transactions.

When will the remaining RSUs vest?

The RSUs vest one-third each year for three years after the grant date; after the 10/02/2025 vesting, remaining portions will vest annually over the next two years.

Was this a sale or market transaction?

No market sale was reported; the transaction codes indicate A (award of RSUs) and F (share withholding for taxes), not an open-market disposition.