{"schema_version":"secwatch.filing_event.v1","accession":"0000746598-26-000026","form_type":"8-K","ticker":"BRC","cik":"0000746598","company_name":"BRADY CORP","filed_at":"2026-06-11T19:01:10+00:00","discovered_at":"2026-06-11T19:02:00.342964+00:00","generated_at":"2026-06-11T19:02:14.928914+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Brady CEO Russell Shaller retires; board member Vineet Nargolwala appointed CEO effective June 8, 2026","bullets":["CEO Russell Shaller retires effective June 8, 2026; will serve as consultant through Aug 1, 2026 at current salary and benefits.","Vineet Nargolwala appointed President and CEO; annual base salary $1M, target bonus 125% of salary, annual equity award $6.4M.","Nargolwala receives matching RSU award up to $2M if he buys BRC stock within 180 days, vesting over two years.","Change of Control Agreement provides 2x base salary + 2x target bonus upon qualifying termination within 24 months post-change of control.","Shaller retains all outstanding PSUs (full vesting upon performance goals) and preexisting equity; non-compete/non-solicit covenants remain."],"urls":{"canonical":"https://secwatch.observer/filing/0000746598-26-000026","json":"https://secwatch.observer/filing/0000746598-26-000026.json","markdown":"https://secwatch.observer/filing/0000746598-26-000026.md","text":"https://secwatch.observer/filing/0000746598-26-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/746598/000074659826000026/0000746598-26-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/746598/000074659826000026/brc-20260606.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T19:02:14.928914+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b8a949734c","claim":"Russell R. Shaller departed as President and Chief Executive Officer at BRADY CORP.","evidence_excerpt":"On June 8, 2026, Brady Corporation (the “Company”) announced that Russell R. Shaller will be retiring as the Company’s President and Chief Executive Officer, effective June 8, 2026 (the “Effective Date”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/746598/000074659826000026/0000746598-26-000026-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"retiring"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"cb36e3b48c","claim":"Vineet Nargolwala was appointed as President and Chief Executive Officer at BRADY CORP.","evidence_excerpt":"The Company also announced that, as of June 8, 2026, Vineet Nargolwala has been appointed President and Chief Executive Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/746598/000074659826000026/0000746598-26-000026-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}