Brady (BRC) COO Thomas F. DeBruine Receives RSU Award, Withholds Shares

What Happened

• Thomas F. DeBruine, Chief Operating Officer of Brady Corporation (BRC), received 3,765 shares on 2026-09-01 when restricted stock units vested (transaction code A). The RSUs were settled 1-for-1 in Class A common stock and had no cash purchase price ($0.00).
• To cover tax withholding (transaction code F), 1,769 of those shares were withheld at an indicated value of $90.69 per share, totaling $160,431. After withholding, DeBruine received a net of 1,996 shares.

Key Details

• Transaction dates: 2026-09-01 (vesting and withholding); Form filed 2026-09-02.
• Prices/values: RSUs settled at $0 acquisition price; withholding value shown as $90.69/share = $160,431.
• Net shares delivered to insider: 1,996 (3,765 granted minus 1,769 withheld).
• Footnotes: F1 — RSUs vested upon achievement of performance goals over a three-year period and were settled in shares. F2 — 1,769 shares withheld to cover taxes on the vested RSUs.
• Shares owned after the transaction: Not disclosed in the filing.
• Timeliness: Filing appears timely (filed the day after the report date).

Context

• This was a performance-based RSU vesting and a routine tax-withholding transaction, not an open-market purchase or sale. Tax withholding via share retention is common and does not necessarily signal a change in insider sentiment.
• For retail investors: awards increase insider holdings when net shares remain with the insider; withholding reduces the immediate share delivery but is part of normal compensation settlement.