{"links":{"self":"https://clientapi.gcs-web.com/data/33381f6d-8eaa-46ae-8c63-71b3672717c2/filings/28811/html"},"meta":{"executionDate":"2026-07-15T23:04:29","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.: 3*\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: 12/31/2023\n\n\nCheck the appropriate box to designate the rule pursuant to which this\nSchedule 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 reporting\nperson's initial filing on this form with respect to the subject class\nof securities, and for any subsequent amendment containing information\nwhich would alter the disclosures provided in a prior cover page.\n\nThe information required in the remainder of this cover page shall not\nbe deemed to be \"filed\" for the purpose of Section 18 of the Securities\nExchange Act of 1934 (\"Act\") or otherwise subject to the liabilities of\nthat section of the Act but shall be subject to all other provisions of\nthe Act (however, see the Notes).\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     1,278,791**\n\n7.   SOLE DISPOSITIVE POWER\n     0**\n\n8.   SHARED DISPOSITIVE POWER\n     1,278,791**\n\n9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON\n     1,278,791**\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    2.9%**\n\n12. TYPE OF REPORTING PERSON\n    IA, HC\n\n** See Item 4 of this filing\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 the\nperson 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 a 100% ownership stake in Janus Henderson Investors\nU.S. LLC (\"JHIUS\"), Janus Henderson Investors UK Limited (\"JHIUKL\") and\nJanus Henderson Investors Australia Institutional Funds Management\nLimited (\"JHIAIFML\"), (each an \"Asset Manager\" and collectively as the\n\"Asset Managers\"). Due to the above ownership structure, holdings for\nthe Asset Managers are aggregated for purposes of this filing. Each\nAsset Manager is an investment adviser registered or authorized in its\nrelevant jurisdiction and each furnishing investment advice to various\nfund, individual and/or institutional clients (collectively referred to\nherein as \"Managed Portfolios\").\n\nItem 5.  Ownership of Five Percent or Less of a Class\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\nThis statement is being filed to report the fact that the reporting\npersons have ceased to be the beneficial owners of more than five\npercent of the class of securities.\n\nThese shares were acquired in the ordinary course of business, and not\nwith the purpose of changing or influencing control of the Issuer.\n\nItem 6.  Ownership of More than Five Percent on Behalf of Another Person\n\nNot applicable.\n\nItem 7.  Identification and Classification of the Subsidiary Which\nAcquired the Security Being Reported on by the Parent Holding Company\n\nJHIUS, JHIUKL and JHIAIFML are indirect subsidiaries of Janus Henderson\nand are registered investment advisers furnishing investment advice to\nManaged 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 ordinary\ncourse of business and were not acquired for the purpose of and do not\nhave the effect of changing or influencing the control of the issuer of\nsuch securities and were not acquired in connection with or as a\nparticipant in any transaction having such purposes or effect.\n\n\nSIGNATURES\n\nAfter reasonable inquiry and to the best of my knowledge and belief, I\ncertify 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 2/12/2024\n\nName/Title Attorney-In-Fact\n\nThe original statement shall be signed by each person on whose behalf\nthe statement is filed or his or her authorized representative. If the\nstatement is signed on behalf of a person by his or her authorized\nrepresentative other than an executive officer or general partner of\nthe filing person, evidence of the representative's authority to sign\non behalf of such person shall be filed with the statement (see Exhibit\nA), provided, however, that a power of attorney for this purpose which\nis already on file with the Commission may be incorporated by\nreference. The name and any title of each person who signs the\nstatement shall be typed or printed beneath his or her signature.\n\n\nEXHIBIT A\n\nPOWER OF ATTORNEY\n\nThe undersigned, Janus Henderson Group plc (\"the Company\"), does hereby\nmake, constitute and appoint each of Kristin Mariani and Caroline\nBarotti acting severally, as its true and lawful attorneys in-fact, for\nthe purpose of, from time to time, executing in its name and on its\nbehalf, whether the Company individually or as representative of\nothers, any and all documents, certificates, instruments, statements,\nother filings and amendments to the foregoing (collectively,\n\"documents\") determined by such person to be necessary or appropriate\nto comply with ownership or control-person reporting requirements\nimposed by any United States or non-United States governmental or\nregulatory authority, including, without limitation, Forms 13D, 13F,\n13G and 13H and any amendments to any of the foregoing as may be\nrequired to be filed with the Securities and Exchange Commission, and\ndelivering, furnishing or filing any such documents with the\nappropriate governmental, regulatory authority or other person, and\ngiving and granting to each such attorney-in-fact power and authority\nto act in the premises as fully and to all intents and purposes as the\nCompany might or could do if personally present by one of its\nauthorized signatories, hereby ratifying and confirming all that said\nattorney-in-fact shall lawfully do or cause to be done by virtue\nhereof. Any such determination by an attorney-in-fact named herein\nshall be conclusively evidenced by such person's execution, delivery,\nfurnishing or filing of the applicable document.\n\nThis power of attorney shall be valid from the date hereof and shall\nremain in full force and effect until either revoked in writing by the\nCompany, or, in respect of any attorney-in-fact named herein, until\nsuch person ceases to be an employee of the Company or one of its\naffiliates.\n\nIN WITNESS WHEREOF, the undersigned has caused this power of attorney\nto be executed as of this 9th day of December, 2022.\n\nJanus Henderson Group plc\n\nBy:  /s/ Michelle Rosenberg\nName: Michelle Rosenberg\nTitle: General Counsel and Company Secretary\n\n\n\n\n\n\n</PRE>","error":null}