ALLENDER PATRICK W 4
Research Summary
AI-generated summary
Brady Corp (BRC) Director Patrick Allender Receives 304-Share Award
What Happened Patrick W. Allender, a director of Brady Corporation (BRC), was reported to have acquired 304 shares on April 6, 2026. The shares were valued at $80.22 each, for a total of $24,387. This filing reports an award/acquisition (code A) rather than an open-market purchase or sale — the shares were issued as part of deferred compensation for his board service.
Key Details
- Transaction date and price: 2026-04-06, 304 shares at $80.22 per share (total $24,387).
- Transaction type: Award/Acquisition (code A).
- Source of shares: Converted from the reporting owner's deferred compensation plan (footnote F1).
- Filing/timeliness: Reported on 2026-04-07 for the 2026-04-06 transaction (timely filing).
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
- This transaction reflects director compensation being deferred into company stock, a common non-market acquisition; it does not indicate an open-market buy or sell.
- Such deferred-compensation awards are routine for board members and should be interpreted as compensation, not necessarily a personal investment decision.