secwatch.observer — SEC 8-K summary
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Issuer:     BRADY CORP (BRC)
CIK:        0000746598
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0000746598-23-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brady appoints Brett Wilms as President – EMEA & Australia effective Feb 1, 2023
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- Appointed Brett Wilms as President – EMEA & Australia, effective Feb 1, 2023; previously Managing Director IDS EMEA.
- Annual base salary of €296,600; target annual bonus set at 50% of base salary.
- Fiscal 2024 equity award grant date value of USD 135,000; 30% options, 30% RSUs, 40% PSUs.
- Share ownership requirement of 2x base salary; must be met within 5 years.
- Change of Control Agreement provides severance of 2x base salary plus 2x target bonus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746598/000074659823000004/0000746598-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746598/000074659823000004/brc-20230201.htm
  HTML page:      https://secwatch.observer/filing/0000746598-23-000004

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