Form 4: Brady Corp COO Thomas DeBruine Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Chief Operating Officer of Brady Corp, Thomas F. DeBruine, reports the disposal of shares to cover taxes upon vesting of restricted stock units.
Summary
- On April 11, 2025, Thomas F. DeBruine, the Chief Operating Officer of Brady Corp, disposed of 381 shares of Class A Common Stock to cover taxes.
- The shares were disposed of at a price of $67.11 per share.
- Following the transaction, DeBruine directly owns 12,260 shares of Brady Corp Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations upon the vesting of restricted stock units, which is a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/11/2025 | Date of transaction: Disposal of shares to cover taxes on vested restricted stock units. |
| 04/11/2025 | Date of vesting of 730 restricted stock units. |
| 04/14/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Brady Corp, BRC, Thomas F. DeBruine, Chief Operating Officer, Stock Disposal, Tax Withholding, Class A Common Stock, Restricted Stock Units, Beneficial Ownership
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