Form 4: Brady Corp CEO Russell Shaller Disposes of Shares to Cover Taxes on Vested Stock Units
SEC Form 4 Filing
Russell Shaller, President & CEO of Brady Corp, disposed of 3,389 shares of Class A Common Stock on April 1, 2025, to cover taxes related to vested restricted stock units.
Summary
- On April 1, 2025, Russell Shaller, the President & CEO of Brady Corp, disposed of 3,389 shares of Class A Common Stock.
- The transaction was executed to cover taxes on 7,212 restricted stock units that vested on the same date.
- The shares were sold at a price of $70.78 per share.
- Following the transaction, Shaller directly owns 125,845 shares of Brady Corp's Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and does not indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of executive compensation and are common across publicly traded companies. This transaction reflects standard practice for covering tax obligations associated with vesting equity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering taxes on vested stock units.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Disposal of shares and vesting of restricted stock units. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Brady Corp, Russell Shaller, stock disposal, restricted stock units, tax withholding, beneficial ownership, BRC
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