Brady Corp (BRC) President Olivier Bojarski Receives RSUs; Shares Withheld

What Happened

• Olivier Bojarski, President Americas & Asia of Brady Corp (BRC), had 11,666 restricted stock units (RSUs) vest on September 1, 2026, which were settled in shares (acquired at $0). To cover tax withholding on the vesting, 5,483 shares were withheld/disposed at $90.69 per share, totaling $497,253. Net shares delivered to Bojarski after withholding were 6,183.

Key Details

• Transaction date: September 1, 2026 (reported on Form 4 filed September 2, 2026).
• Award/acquisition: 11,666 RSUs vested and were settled in 11,666 shares (code A; acquisition price $0.00).
• Tax withholding/disposition: 5,483 shares withheld at $90.69 each; total value withheld ≈ $497,253 (code F).
• Footnotes: F1 — RSUs vested based on three‑year financial performance and were settled solely by delivery of Class A common stock. F2 — 5,483 shares were withheld to cover taxes on the vested RSUs.
• Shares owned after the transaction: not disclosed in this filing.
• Filing timeliness: Form 4 was filed the next day (appears timely).

Context

• These transactions reflect routine RSU vesting and tax withholding (cashless share withholding), not an open‑market sale by the insider. RSU vesting results in share delivery rather than a purchase; withheld shares satisfy tax obligations and reduce the net shares received by the insider.