Neuberger Berman Group LLC Reduces Stake in Brady Corp (BRC) to 4.5%

Neuberger Berman Group LLC and its affiliate, Neuberger Berman Investment Advisers LLC, filed a Schedule 13G/A on June 4, 2026, regarding their holdings in Brady Corp (BRC). The filing indicates that Neuberger Berman Group LLC now beneficially owns 1,963,563 shares of common stock, representing a 4.5% ownership stake. This reflects a decrease from their previously reported position of 2,396,541 shares. Because the ownership level has fallen below the 5% threshold, the filers have indicated that they no longer hold a reportable stake above that benchmark. The shares are held in various fiduciary capacities across several subsidiaries, including Neuberger Berman Trust Co N.A. and Neuberger Berman Asia Ltd. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Neuberger Berman Investment Advisers LLC specifically reported shared dispositive power over 1,915,703 shares.