Form 4: Brady Corp CFO Ann Thornton Reports Stock Transaction
SEC Filing Form 4
Ann Thornton, CFO and Treasurer of Brady Corp, reports a transaction involving the withholding of shares to cover taxes on vested restricted stock units.
Summary
- On September 16, 2024, Ann Thornton, CFO and Treasurer of Brady Corp, had shares withheld to cover taxes.
- The transaction involved 125 shares of Class A Common Stock.
- The price per share was $74.84.
- Following the transaction, Thornton beneficially owns 22,311 shares directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider, and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential insider trading activity and assess management's confidence in the company's prospects.
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 |
|---|---|
| 09/16/2024 | Date of stock transaction (shares withheld for taxes) |
| 09/16/2024 | Restricted stock units vested |
| 09/17/2024 | Date of signature by Attorney-In-Fact |
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