Nargolwala Vineet A 4

What Happened

• Vineet A. Nargolwala, President & CEO and a director of Brady Corporation (BRC), received a grant of 39,698 restricted stock units (RSUs) on June 8, 2026. The units were granted at $0.00 (award), i.e., no cash purchase; settlement will be in shares upon vesting.

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-09.
• Transaction type/code: Award/Grant (A).
• Amount granted: 39,698 RSUs; grant price reported as $0.00 (award).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: F1 — RSUs vest one-third each year for the three years after the grant date; each RSU will be settled solely by delivery of one share of Class A Common Stock upon vesting.
• Timeliness: Filing appears timely (filed the day after the grant).

Context

• RSU grants are compensation/retention awards, not open‑market purchases or sales. They typically align executive incentives with shareholder value but do not represent an immediate cash outlay or insider buy/sell signal until vested and/or sold.
• Because these RSUs vest over three years and convert to shares on vesting, any future sale would be reported separately.