Research Summary
AI-generated summary of this SEC filing
Brady Corp (BRC) CFO Ann Thornton Receives RSU Award
What Happened
Ann Thornton, Chief Financial Officer and Treasurer of Brady Corporation (BRC), received 11,545 vested restricted stock units (RSUs) on Sept 1, 2026. The RSUs were settled by delivery of one share of Class A common stock per unit at a reported per‑share value of $90.69, for a gross value of about $1,047,016. Of those shares, 5,426 were withheld to cover taxes (value reported as $492,084), leaving a net 6,119 shares delivered to Thornton. The Form 4 was filed on Sept 2, 2026 reporting the Sept 1 transactions.
Key Details
- Transaction date(s): 2026-09-01 (reported on Form 4 filed 2026-09-02)
- Codes: A = Award/Grant (11,545 shares acquired at $0.00), F = Tax withholding (5,426 shares disposed @ $90.69)
- Price used for valuation: $90.69 per share
- Gross value of vested RSUs: ≈ $1,047,016.05
- Shares withheld for taxes: 5,426 (≈ $492,084)
- Net shares delivered to insider: 6,119 (≈ $554,932)
- Shares owned after transaction: Not specified in the supplied filing details
- Footnotes: F1 — RSUs vested after meeting three‑year financial performance goals; each RSU settled in one share. F2 — Shares withheld to cover taxes on the 11,545 vested RSUs.
- Timeliness: Form 4 filed the day after the vesting date; no late‑filing flag noted in the supplied information.
Context
- This was a standard RSU vesting and settlement (award), not an open‑market buy or sale. The withholding of shares to cover taxes (code F) is common in equity compensation settlements and does not indicate a market sale decision.
- For retail investors, awards/vestings reflect compensation realization and are not the same signal as an insider buying stock in the open market.