Aaron James Pearce - Apr 28, 2023 Form 4 Insider Report for BRADY CORP (BRC)

Role: CFO & Treasurer
Signature: Heidi Knueppel, Attorney-In-Fact
Stock symbol: BRC
Transactions as of: Apr 28, 2023
Transactions value $: -$155,275
Form type: 4
Date filed: 5/2/2023, 02:07 PM
Previous filing: Dec 7, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	BRC	Class A Common Stock	-Tax liability	-$155,275	-3,056	-3.05%	$50.81	97,083	Apr 28, 2023	Direct	F1
transaction	BRC	Class A Common Stock	-Disposed to Issuer	$0	-6,897	-7.1%	$0.00	90,186	Apr 28, 2023	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BRC	Stock Option	-Disposed to Issuer	$0	-23,995	-100%	$0.00	0	Apr 28, 2023	Class A Common Stock	23,995	$43.50	Direct	F3, F4

Aaron James Pearce is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Represents shares withheld to cover taxes on 6,522 restricted stock units that vested on April 28, 2023.
F2	Represents unvested shares of service-based restricted stock units granted on September 19, 2022 that were forfeited to Brady Corporation on April 28, 2023, the reporting owner's separation date.
F3	Represents options exercisable one third each year for the three years subsequent to the grant date.
F4	Represents unvested shares of service-based stock options granted on September 19, 2022 that were forfeited to Brady Corporation on April 28, 2023, the reporting owner's separation date.