[Form 4] Brady Corporation Insider Trading Activity

Rhea-AI Filing Summary

Olivier Bojarski, identified as President Americas & Asia of Brady Corporation (BRC), reported a change in beneficial ownership relating to restricted stock units that vested on 08/25/2025. The Form 4 shows 1,920 shares were disposed of at a price of $76.25, and the filing states these shares were withheld to cover taxes on 4,087 RSUs that vested the same day. After the withholding, the reporting person beneficially owned 16,774 shares. The Form 4 was signed by an attorney-in-fact on 08/26/2025. The form is a routine disclosure of equity compensation-related withholding.

Positive

• Timely disclosure filed on 08/26/2025 documenting the transaction
• Clear explanation that 1,920 shares were withheld to cover taxes on 4,087 vested RSUs

Negative

• Disposition of 1,920 shares reduced the reporting person's beneficial ownership
• Transaction price of $76.25 indicates shares were valued/withheld at market, reducing holdings

Insights

Financial Analyst

TL;DR: Routine insider transaction: RSU vesting with tax-withholding reduced holdings by 1,920 shares.

The filing documents a compensation-related transaction rather than an open-market trade. With 4,087 restricted stock units vesting and 1,920 shares withheld at $76.25 to cover taxes, the net effect is a reduction in the officer's share count to 16,774. This is a standard payroll tax withholding mechanism following RSU vesting and does not, by itself, indicate a change in confidence or a market-moving event.

Corporate Governance Expert

TL;DR: Disclosure appears complete and timely for an officer's RSU vesting and tax withholding transaction.

The Form 4 identifies the reporting person, relationship to the issuer, the transaction date (08/25/2025), transaction code (F), number of shares withheld (1,920), price ($76.25), and resulting beneficial ownership (16,774). The explanation explicitly states the withholding covered taxes on 4,087 vested RSUs. The filing was executed by an attorney-in-fact dated 08/26/2025. From a governance perspective, this meets routine Section 16 reporting expectations.

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^*

Bojarski Olivier

(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 Americas & Asia

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

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	08/25/2025		F		1,920(1)	D	$76.25	16,774	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 shares withheld to cover taxes on 4,087 restricted stock units that vested on August 25, 2025.

Remarks:

	Heidi Knueppel, Attorney-In-Fact	08/26/2025
	** 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 transaction did Olivier Bojarski report on Form 4 for BRC?

He reported that 1,920 Class A common shares were disposed of on 08/25/2025 at $76.25, withheld to cover taxes on vested RSUs.

Why were shares withheld in this filing?

Shares were withheld to cover taxes on 4,087 restricted stock units that vested on 08/25/2025, as stated in the Explanation of Responses.

How many shares does the reporting person own after the transaction (BRC)?

16,774 shares beneficially owned following the reported transaction.

What is the transaction code and date on the Form 4 for BRC?

Transaction code F with a transaction date of 08/25/2025.

Who signed the Form 4 and when was it filed?

Heidi Knueppel, Attorney-In-Fact signed the form on 08/26/2025.