| Item 1. | |
| (a) | Name of issuer:\n\t\t\t\t
Brady Corp |
| (b) | Address of issuer's principal executive offices:\n\t\t\t\t
6555 W Good Hope RD, PO Box 571, Milwaukee, WI, 53201. |
| Item 2. | |
| (a) | Name of person filing:\n\t\t\t\t
Neuberger Berman Group LLC\nNeuberger Berman Investment Advisers LLC |
| (b) | Address or principal business office or, if none, residence:\n\t\t\t\t
1290 Avenue of the Americas\nNew York, NY 10104 |
| (c) | Citizenship:\n\t\t\t\t
Delaware |
| (d) | Title of class of securities:\n\t\t\t\t
Common |
| (e) | CUSIP No.:\n\t\t\t\t
104674106 |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) | ![\"Checkbox](\"https://cdn.kscope.io/box-unchecked.jpg\") Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);\n\t\t\t\t |
| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);\n\t\t\t\t |
| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);\n\t\t\t\t |
| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);\n\t\t\t\t |
| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);\n\t\t\t\t |
| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);\n\t\t\t\t |
| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);\n\t\t\t\t |
| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);\n\t\t\t\t |
| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);\n\t\t\t\t |
| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), \n\t\t\t\t\t
please specify the type of institution:\n\t\t\t\t |
| (k) | ![\"Checkbox](\"https://cdn.kscope.io/box-checked.jpg\") Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).\n\t\t\t\t |
| | |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:\n\t\t\t\t
2,374,484\n\nNeuberger Berman Trust Co N.A., Neuberger Berman Trust Co of Delaware N.A., Neuberger Berman Asia Ltd.,\nNeuberger Berman Canada ULC, and Neuberger Berman Investment Advisers LLC and certain affiliated persons\nmay be deemed to beneficially own the securities covered by this report in their various fiduciary capacities by\nvirtue of the provisions of Exchange Act Rule 13d-3. Neuberger Berman Group LLC, through its subsidiaries\nNeuberger Berman Investment Advisers Holdings LLC and Neuberger Trust Holdings LLC controls Neuberger\nBerman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger Berman Canada ULC, Neuberger Berman Trust\nCo of Delaware N.A. and Neuberger Berman Investment Advisers LLC and certain affiliated persons.\nThis report is not an admission that any of these entities are the beneficial owner of the securities covered by this\nreport and each of Neuberger Berman Group LLC, Neuberger Berman Investment Advisers Holdings LLC,\nNeuberger Trust Holdings LLC, Neuberger Berman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger\nBerman Canada ULC, Neuberger Berman Trust Co of Delaware N.A. and Neuberger Berman Investment Advisers\nLLC and certain affiliated persons disclaim beneficial ownership of the securities covered by this statement\npursuant to Exchange Act Rule 13d-4. The information in this filing reports securities of the issuer that may be deemed to be beneficially owned by\nNeuberger Berman Group LLC, Neuberger Berman Investment Advisers Holdings LLC, Neuberger Trust Holdings\nLLC, Neuberger Berman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger Berman Canada ULC, Neuberger\nBerman Trust Co of Delaware N.A. and Neuberger Berman Investment Advisers LLC (\"NBG Filers\"). The securities\nof the issuer, if any, that may be deemed to be beneficially owned by NB Alternatives Advisers LLC and other\nsubsidiaries of Neuberger Berman Group LLC that are separated from the NBG Filers by an information barrier in\naccordance with SEC Release No. 34-39538 (January 12, 1998) are not reflected in this filing. |
| (b) | Percent of class:\n\t\t\t\t
5.5% %\n\t\t\t\t\t |
| (c) | Number of shares as to which the person has:\n\t\t\t\t
|
| | (i) Sole power to vote or to direct the vote:\n\t\t\t\t
0
|
| | (ii) Shared power to vote or to direct the vote:\n\t\t\t\t
2,258,393
|
| | (iii) Sole power to dispose or to direct the disposition of:\n\t\t\t\t
0
|
| | (iv) Shared power to dispose or to direct the disposition of:\n\t\t\t\t
2,374,484
|
| Item 5. | Ownership of 5 Percent or Less of a Class. |
| | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
| | \n\t\t\t\t\t\t\tIf any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.\n\t\t\t\t\t\t
Neuberger Berman Group LLC and its affiliates may be deemed to be beneficial owners of securities for purposes\nof Exchange Act Rule 13d-3 because they or certain affiliated persons\nhave shared power to retain, dispose of or vote the securities of unrelated clients. Neuberger Berman Group LLC or\nits affiliated persons do not, however, have any economic interest in\nthe securities of those clients. The clients have the sole right to receive and the power to direct the receipt of\ndividends from or proceeds from the sale of such securities. Other than named\nin this filing, no one client has an interest of more than 5% of the issuer.\nWith regard to the shares set forth under item 4(c)(ii), Neuberger Berman Group LLC may be deemed to be the\nbeneficial owner for purposes of Rule 13d-3 because certain affiliated\npersons have shared power to retain, dispose of and vote the securities. In addition to the holdings of individual\nadvisory clients, Neuberger Berman Investment Advisers LLC serves as\ninvestment manager of Neuberger Berman Group LLC's various registered mutual funds which hold such shares.\nThe holdings belonging to clients of Neuberger Berman Trust Co N.A.,\nNeuberger Berman Trust Co of Delaware N.A., Neuberger Berman Asia Ltd., Neuberger Berman Canada ULC and\nNeuberger Berman Investment Advisers LLC are also aggregated to\ncomprise the holdings referenced herein.\nIn addition to the shares set forth under Item 4(c)(ii) for which Neuberger entities also have shared power to dispose\nof the shares, item 4(c)(iv) also includes shares from individual client\naccounts over which Neuberger Berman Investment Advisers LLC has shared power to dispose but does not have\nvoting power over these shares. The holdings of Neuberger Berman\nTrust Co N.A., Neuberger Berman Trust Co of Delaware N.A., Neuberger Berman Asia Ltd., Neuberger Berman\nCanada ULC and Neuberger Berman Investment Advisers LLC, are also\naggregated to comprise the holdings referenced herein. |
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
| | \n\t\t\t\t\t\t\t\tNot Applicable\n\t\t\t\t\t\t\t |
| Item 8. | Identification and Classification of Members of the Group. |
| | \n\t\t\t\t\t\t\t\tNot Applicable\n\t\t\t\t\t\t\t |
| Item 9. | Notice of Dissolution of Group. |
| | \n\t\t\t\t\t\t\t\tNot Applicable\n\t\t\t\t\t\t\t |