Form 4: Brady Corp CEO Russell Shaller Reports Stock Transaction
SEC Form 4 Filing
Russell Shaller, President & CEO of Brady Corp, reports the withholding of shares to cover taxes on vested restricted stock units.
Summary
- On April 1, 2024, Russell Shaller, the President & CEO of Brady Corp, had 3,389 Class A Common Stock shares withheld to cover taxes.
- This transaction occurred following the vesting of 7,213 restricted stock units.
- The price per share for the tax withholding was $59.4.
- Following the transaction, Shaller beneficially owns 112,702 shares of Brady Corp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions related to executive compensation, indicating a neutral sentiment.
Industry Context
This is a routine filing related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily concerns the executive's tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock transaction (tax withholding) and vesting of restricted stock units |
| 04/02/2024 | Date of signature by Attorney-In-Fact |
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