Nargolwala Vineet A 4

What Happened
Vineet A. Nargolwala, President & CEO and a director of Brady Corporation (BRC), acquired 13,011 shares in an open-market/private purchase on June 10, 2026 at a weighted average price of $76.86, totaling $1,000,025. On the same date he was also granted 25,684 restricted stock units (RSUs) reported at $0.00 value. The purchase is a direct share acquisition (code P); the grant is an award (code A).

Key Details

• Transaction date: June 10, 2026 (reported on Form 4 filed June 11, 2026). Filing appears timely.
• Purchase: 13,011 shares at a weighted average price of $76.86; total cash outlay $1,000,025. (Footnote F1: price is weighted — individual trades ranged $76.76–$76.91.)
• Grant: 25,684 RSUs at $0.00 (Footnote F2: RSUs vest 50% on the first anniversary and 50% on the second anniversary of the grant date; each vested RSU will be settled by delivery of one share of Class A common stock).
• Shares owned after transaction: Not specified in the provided filing details.
• Insider role: President & CEO; Director.
• Transaction codes: P = purchase; A = award/grant.

Context
The RSUs are a time-based award and do not become shares until they vest and are settled. The open-market purchase represents a direct acquisition of stock by the CEO; purchases can be interpreted as a positive signal by some investors but do not by themselves indicate future company performance.