Form 4: Brady Corp CFO Ann Thornton Reports Stock Transactions
SEC Form 4 Filing
Ann Thornton, CFO and Treasurer of Brady Corp, reports acquisition of restricted stock units and disposition of shares to cover taxes.
Summary
- On October 2, 2024, Ann Thornton, CFO and Treasurer of Brady Corp, acquired 5,360 shares of Class A Common Stock at $0, representing restricted stock units vesting.
- On the same day, she disposed of 964 shares of Class A Common Stock at $74.63 to cover taxes on 2,053 restricted stock units that vested.
- Following these transactions, Thornton directly owns 26,527 shares of Class A Common Stock.
- The restricted stock units vest in equal installments over three years from the grant date and are settled by delivery of one share of Class A Common Stock per unit.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of stock acquisition and disposition. |
| 10/04/2024 | Date of signature by Attorney-In-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.