A significant insider transaction involving the exercise of company stock options was reported on April 16, by Lee Nancy Gioia, Board Member at Brady (NYSE:BRC), as per the latest SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday revealed that Gioia, Board Member at Brady in the Industrials sector, exercised stock options for 4,250 shares of BRC stock. The exercise price of the options was $22.66 per share.
As of Wednesday morning, Brady shares are down by 0.0%, with a current price of $58.85. This implies that Gioia's 4,250 shares have a value of $153,807.
About Brady
Brady Corp provides identification solutions and workplace safety products. The company offers identification and healthcare products that are sold under the Brady brand to maintenance, repair, and operations as well as original equipment manufacturing customers. Products include safety signs and labelling systems, material identification systems, wire identification, patient identification, and people identification. Brady also provides workplace safety and compliance products such as safety and compliance signs, asset tracking labels, and first-aid products. The largest end market is the United States.
Unraveling the Financial Story of Brady
Revenue Growth: Brady's revenue growth over a period of 3 months has faced challenges. As ...