{"links":{"self":"https://clientapi.gcs-web.com/data/33381f6d-8eaa-46ae-8c63-71b3672717c2/filings/27256/html"},"meta":{"executionDate":"2026-07-16T01:17:59","cmsDomain":"https://bradyid.gcs-web.com"},"data":"<PRE>\nUNITED STATES\nSECURITIES AND EXCHANGE COMMISSION\nWashington, D.C. 20549\n\n\nSCHEDULE 13G\n\nUnder the Securities Exchange Act of 1934\n\n\nAmendment No.: 0*\n\n\nName of Issuer: BRADY CORPORATION\n\n\nTitle of Class of Securities: Class A Common Stock\n\n\nCUSIP Number: 104674106\n\n\nDate of Event Which Requires Filing of this Statement: 12/31/2020\n\n\nCheck the appropriate box to designate the rule pursuant to which\nthis Schedule is filed.\n\n[X] Rule 13d-1(b)\n[ ] Rule 13d-1(c)\n[ ] Rule 13d-1(d)\n\n* The remainder of this cover page shall be filled out for a\nreporting person's initial filing on this form with respect to the\nsubject class of securities, and for any subsequent amendment\ncontaining information which would alter the disclosures provided in\na prior cover page.\n\nThe information required in the remainder of this cover page shall\nnot be deemed to be \"filed\" for the purpose of Section 18 of the\nSecurities Exchange Act of 1934 (\"Act\") or otherwise subject to the\nliabilities of that section of the Act but shall be subject to all\nother provisions of the Act (however, see the Notes).\n\n\n\nCUSIP No.: 104674106\n\n1.  NAME OF REPORTING PERSON\n    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON\n    Janus Henderson Group plc\n    EIN #00-0000000\n\n2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\n    a.   ___\n    b.   ___\n\n3.  SEC USE ONLY\n\n4.  CITIZENSHIP OR PLACE OF ORGANIZATION\n         Jersey, Channel Islands\n\nNUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:\n\n5.   SOLE VOTING POWER\n     0**\n\n6.   SHARED VOTING POWER\n     3,230,045**\n\n7.   SOLE DISPOSITIVE POWER\n     0**\n\n8.   SHARED DISPOSITIVE POWER\n     3,230,045**\n\n9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON\n     3,230,045**\n\n10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN\nSHARES\n     Not applicable\n\n11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)\n    6.7%**\n\n12. TYPE OF REPORTING PERSON\n    IA, HC\n\n** See Item 4 of this filing\n\n\n\nItem 1.\n    (a). Name of Issuer: BRADY CORPORATION (\"Brady\")\n\n    (b). Address of Issuer's Principal Executive Offices:\n\n         6555 West Good Hope Road\n         Milwaukee, Wisconsin 53223\n\nItem 2.\n    (a).-(c). Name, Principal Business Address, and Citizenship of\n  Persons Filing:\n\n         (1)  Janus Henderson Group plc\n              201 Bishopsgate\n              EC2M 3AE, United Kingdom\n              Citizenship: Jersey, Channel Islands\n\n    (d). Title of Class of Securities:  Class A Common Stock\n\n    (e). CUSIP Number:  104674106\n\nItem 3.\n\nThis statement is filed pursuant to Rule 13d-1 (b) or 13d-2(b) and\nthe person filing, Janus Henderson Group plc (\"Janus Henderson\") is a\nparent holding company/control person in accordance with Section\n240.13d-1(b)(ii)(G). See Item 4 for additional information.\n\nItem 4.  Ownership\n\nThe information in items 1 and 5 through 11 on the cover page(s) on\nSchedule 13G is hereby incorporated by reference.\n\nJanus Henderson has an indirect 97% ownership stake in Intech\nInvestment Management LLC (\"Intech\") and a 100% ownership stake in\nJanus Capital Management LLC (\"JCM\"), Perkins Investment Management\nLLC (\"Perkins\"), Henderson Global Investors Limited (\"HGIL\") and\nJanus Henderson Investors Australia Institutional Funds Management\nLimited (\"JHIAIFML\"), (each an \"Asset Manager\" and collectively as\nthe \"Asset Managers\"). Due to the above ownership structure, holdings\nfor the Asset Managers are aggregated for purposes of this filing.\nEach Asset Manager is an investment adviser registered or authorized\nin its relevant jurisdiction and each furnishing investment advice to\nvarious fund, individual and/or institutional clients (collectively\nreferred to herein as \"Managed Portfolios\").\n\nAs a result of its role as investment adviser or sub-adviser to the\nManaged Portfolios, JCM may be deemed to be the beneficial owner of\n3,230,045 shares or 6.7% of the shares outstanding of Brady Class A\nCommon Stock held by such Managed Portfolios. However, JCM does not\nhave the right to receive any dividends from, or the proceeds from\nthe sale of, the securities held in the Managed Portfolios and\ndisclaims any ownership associated with such rights.\n\nItem 5.  Ownership of Five Percent or Less of a Class\n\nNot applicable.\n\nItem 6.  Ownership of More than Five Percent on Behalf of Another\nPerson\n\nThe Managed Portfolios, set forth in Item 4 above, have the right to\nreceive all dividends from, and the proceeds from the sale of, the\nsecurities held in their respective accounts.\n\nThe interest of any one such person does not exceed 5% of the class\nof securities.\n\nThese shares were acquired in the ordinary course of business, and\nnot with the purpose of changing or influencing control of the Issuer.\n\nItem 7.  Identification and Classification of the Subsidiary Which\nAcquired the Security Being Reported on by the Parent Holding Company\n\nIntech, JCM, Perkins, HGIL and JHIAIFML are indirect subsidiaries of\nJanus Henderson and are registered investment advisers furnishing\ninvestment advice to Managed Portfolios.\n\nItem 8.  Identification and Classification of Members of the Group\n\nNot applicable.\n\nItem 9.  Notice of Dissolution of Group\n\nNot applicable.\n\nItem 10. Certification\n\nBy signing below I certify that, to the best of my knowledge and\nbelief, the securities referred to above were acquired in the\nordinary course of business and were not acquired for the purpose of\nand do not have the effect of changing or influencing the control of\nthe issuer of such securities and were not acquired in connection\nwith or as a participant in any transaction having such purposes or\neffect.\n\n\n\nSIGNATURES\n\nAfter reasonable inquiry and to the best of my knowledge and belief,\nI certify that the information set forth in this statement is true,\ncomplete and correct.\n\nJANUS HENDERSON GROUP PLC\n\nBy  /s/  Kristin Mariani\nKristin Mariani, Head of North America Compliance, CCO\nDate 2/12/2021\n\n\n\n</PRE>","error":null}