That's normal. What you want to watch out for is when the reformed brass doesn't have a gentle swell, but a sharp and peaked "wave" after resizing. It will feel "rough" like 918v said if you have trouble seeing it.
If I'm not mistaken, that's a piece of 40 S&W brass. The irritating thing to me with regards to reloading .40 is that my initial resize and depriming does not do a full-length resize, leaving the bulge at the bottom. With brass that's relatively new, all is right with the world. The problem is with brass that's got a couple firings from it, maybe a range pickup that was originally fired in a non-fully-supported chamber. It's no big deal until my factory crimp die gets it, which does a full-length resize and pushes the bulge in. Then I see that it's got that sharp, rough edge. By that time, it's a fully loaded round and I have to pull the bullet and salvage a primer. I don't know if it would blow the case or not, but my spider senses tell me that it would if all conditions were right. If I put it into my go/no-go cartridge gauge, it doesn't want to drop in and out freely. That sharp ripple causes a lot of friction. For that reason alone, I'll pull the bullet and try to save the primer.
Make sure you check each and every one of your loaded rounds for this condition.