Neuberger Berman Group LLC and Neuberger Berman Investment Advisers LLC filed an amendment reporting beneficial ownership of 1,963,563 shares of Brady Corp, representing 4.5% of the class. The filing states the reporting entities have shared voting power of 1,853,821 and shared dispositive power of 1,963,563.
The disclosure attributes holdings across affiliated fiduciary entities and notes certain subsidiaries separated by information barriers are excluded from this statement. The filing is signed by Brad Cetron as Managing Director.
Positive
None.
Negative
None.
Insights
Large institutional holder reports a sub-5% passive position in Brady Corp.
The amendment shows 1,963,563 shares and a stated ownership percentage of 4.5%, indicating a passive reporting posture under the Schedule 13G framework. Voting and dispositive powers are described as shared across fiduciary entities.
Timing and cash‑flow treatment are not specified in the excerpt; subsequent filings would show any changes. The holding sits below the 5% reporting threshold that would typically trigger Schedule 13D-level disclosure.
Fiduciary and control relationships are emphasized; information barriers are noted.
The filing names multiple Neuberger Berman entities as potential beneficial owners in fiduciary capacities and expressly disclaims beneficial ownership for certain entities, citing Exchange Act Rule 13d-4 and an SEC release regarding information barriers.
Items to watch in future filings: any shift above 5% ownership, changes to sole voting/dispositive powers, or transfers among affiliated accounts.
Key Figures
Reported shares beneficially owned:1,963,563 sharesPercent of class:4.5%Shared voting power:1,853,821 shares+3 more
6 metrics
Reported shares beneficially owned1,963,563 sharesAmount beneficially owned as reported in Item 4
Percent of class4.5%Percent of class reported in Item 4(b)
Shared voting power1,853,821 sharesShared power to vote reported in Item 4(c)(ii)
Shared dispositive power1,963,563 sharesShared power to dispose reported in Item 4(c)(iv)
CUSIP104674106CUSIP listed on cover
Filing signatory date06/04/2026Signature date by Brad Cetron
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
shared dispositive powerregulatory
"shared dispositive power of 1,963,563.00"
information barrierregulatory
"separated from the NBG Filers by an information barrier"
Exchange Act Rule 13d-4regulatory
"disclaim beneficial ownership pursuant to Exchange Act Rule 13d-4"
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Brady Corp
(Name of Issuer)
Common
(Title of Class of Securities)
104674106
(CUSIP Number)
05/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
104674106
1
Names of Reporting Persons
Neuberger Berman Group LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,853,821.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,963,563.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,963,563.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.5 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
104674106
1
Names of Reporting Persons
Neuberger Berman Investment Advisers LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,811,278.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,915,703.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,915,703.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.4 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Brady Corp
(b)
Address of issuer's principal executive offices:
6555 W Good Hope RD, PO Box 571, Milwaukee, WI, 53201.
Item 2.
(a)
Name of person filing:
Neuberger Berman Group LLC
Neuberger Berman Investment Advisers LLC
(b)
Address or principal business office or, if none, residence:
1290 Avenue of the Americas
New York, NY 10104
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Common
(e)
CUSIP No.:
104674106
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
1,963,563
Neuberger Berman Trust Co N.A., Neuberger Berman Trust Co of Delaware N.A., Neuberger Berman Asia Ltd.,
Neuberger Berman Canada ULC, and Neuberger Berman Investment Advisers LLC and certain affiliated persons
may be deemed to beneficially own the securities covered by this report in their various fiduciary capacities by
virtue of the provisions of Exchange Act Rule 13d-3. Neuberger Berman Group LLC, through its subsidiaries
Neuberger Berman Investment Advisers Holdings LLC and Neuberger Trust Holdings LLC controls Neuberger
Berman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger Berman Canada ULC, Neuberger Berman Trust
Co of Delaware N.A. and Neuberger Berman Investment Advisers LLC and certain affiliated persons.
This report is not an admission that any of these entities are the beneficial owner of the securities covered by this
report and each of Neuberger Berman Group LLC, Neuberger Berman Investment Advisers Holdings LLC,
Neuberger Trust Holdings LLC, Neuberger Berman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger
Berman Canada ULC, Neuberger Berman Trust Co of Delaware N.A. and Neuberger Berman Investment Advisers
LLC and certain affiliated persons disclaim beneficial ownership of the securities covered by this statement
pursuant to Exchange Act Rule 13d-4. The information in this filing reports securities of the issuer that may be deemed to be beneficially owned by
Neuberger Berman Group LLC, Neuberger Berman Investment Advisers Holdings LLC, Neuberger Trust Holdings
LLC, Neuberger Berman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger Berman Canada ULC, Neuberger
Berman Trust Co of Delaware N.A. and Neuberger Berman Investment Advisers LLC ("NBG Filers"). The securities
of the issuer, if any, that may be deemed to be beneficially owned by NB Alternatives Advisers LLC and other
subsidiaries of Neuberger Berman Group LLC that are separated from the NBG Filers by an information barrier in
accordance with SEC Release No. 34-39538 (January 12, 1998) are not reflected in this filing.
(b)
Percent of class:
4.5%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
1,853,821
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
1,963,563
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake does Neuberger Berman report in Brady Corp (BRC)?
Neuberger Berman reports beneficial ownership of 1,963,563 shares, representing 4.5% of Brady Corp's common stock. The filing lists shared voting power of 1,853,821 and shared dispositive power of 1,963,563.
Does this Schedule 13G/A indicate control of Brady Corp?
No; the filing shows shared voting and dispositive powers and describes fiduciary holdings across affiliates. It does not assert sole control and remains a passive Schedule 13G/A disclosure rather than a Schedule 13D control filing.
Which Neuberger entities are named in the Brady Corp filing?
The filing names Neuberger Berman Group LLC, Neuberger Berman Investment Advisers LLC, and affiliated fiduciary entities including Neuberger Berman Trust Co N.A. and others, and notes certain subsidiaries are excluded by information barriers.
Who signed the amendment for Neuberger Berman?
The amendment is signed by Brad Cetron, listed as Managing Director, with signature dates shown as 06/04/2026 on the filing excerpt.
Does the filing show any subsidiaries excluded from this disclosure?
Yes; the filing states securities held by NB Alternatives Advisers LLC and other subsidiaries separated by an information barrier per SEC Release No. 34-39538 are not reflected in this filing.
