Form 4: Brady Corp CFO Ann Thornton Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Ann Thornton, CFO and Treasurer of Brady Corp, sold 180 shares of Class A Common Stock on September 19, 2024, to cover tax obligations related to vested restricted stock units.
Summary
- On September 19, 2024, Ann Thornton, the CFO and Treasurer of Brady Corp, disposed of 180 shares of Class A Common Stock.
- The transaction was executed to cover tax obligations arising from the vesting of 383 restricted stock units.
- The shares were sold at a price of $74.35 per share.
- Following the transaction, Thornton directly owns 22,131 shares of Brady Corp Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used to disclose transactions by company insiders. This transaction is not unusual as it relates to covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/19/2024 | Date of transaction: Ann Thornton sold 180 shares of Brady Corp Class A Common Stock to cover tax obligations. |
| 09/20/2024 | Date of signature: Heidi Knueppel, Attorney-In-Fact, signed the Form 4 on behalf of Ann Thornton. |
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