Brink's (NYSE: BCO) EVP & CLO credited 0.65 Program Units from dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cook Kristen Williams reported acquisition or exercise transactions in this Form 4 filing.
The Brink's Company EVP & CLO Kristen Williams Cook reported a routine compensation-related transaction. On June 1, 2026, 0.65 Program Units, economically equivalent to Brink's common stock, were credited to her deferred compensation account from a dividend, bringing her total Program Units to 303.83, settling in stock at a future date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cook Kristen Williams
Role
EVP & CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 0.65 | $103.02 | $66.96 |
Holdings After Transaction:
Program Units — 303.83 shares (Direct, null)
Footnotes (1)
- Program Units (each of which is the economic equivalent of one share of The Brink's Company ("BCO") common stock) credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferred Compensation Program (the "Program") will settle in BCO common stock on a one-for-one basis and shall be distributed in accordance with the Reporting Person's deferral election either (1) following the Reporting Person's termination of employment with BCO or (2) on a future date selected by the Reporting Person at the time of his or her deferral election. In accordance with the terms of the Program, Program Units were credited to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $103.02, which was the closing price of BCO common stock on June 1, 2026, calculated in accordance with the terms of the Program.
Key Figures
Program Units acquired: 0.65 units
Total Program Units after transaction: 303.83 units
Share price used for credit: $103.02 per share
+1 more
4 metrics
Program Units acquired
0.65 units
Credited on June 1, 2026 from dividend
Total Program Units after transaction
303.83 units
Held by Kristen Williams Cook after credit
Share price used for credit
$103.02 per share
Closing BCO stock price on June 1, 2026
Underlying common stock equivalence
1 share per unit
Program Units settle one-for-one in BCO stock
Key Terms
Program Units, Key Employees' Deferred Compensation Program, deferral election
3 terms
Program Units financial
"Program Units (each of which is the economic equivalent of one share"
Key Employees' Deferred Compensation Program financial
"stock incentive account under the terms of the Key Employees' Deferred Compensation Program"
deferral election financial
"distributed in accordance with the Reporting Person's deferral election either"
FAQ
What did Brink's (BCO) executive Kristen Williams Cook report in this Form 4?
Kristen Williams Cook reported an acquisition of 0.65 Program Units tied to Brink's (BCO) stock. These units were credited to her deferred compensation account as a result of a dividend, increasing her total Program Units position to 303.83, with settlement in common stock later.
Why were 0.65 Program Units credited to the Brink's (BCO) executive’s account?
The 0.65 Program Units were credited due to a dividend payment on Brink's (BCO) common stock. Under the Key Employees' Deferred Compensation Program, dividends on underlying stock generate additional Program Units, which track the value of the company’s shares over time.
At what price were the new Brink's (BCO) Program Units calculated for Kristen Williams Cook?
The new 0.65 Program Units were calculated using a Brink's (BCO) share price of $103.02. This reflects the closing price of Brink's common stock on June 1, 2026, as specified by the terms of the Key Employees' Deferred Compensation Program.
When will the Brink's (BCO) Program Units be paid out to Kristen Williams Cook?
The Program Units will be distributed in Brink's (BCO) common stock on a one-for-one basis. Distribution occurs either after her termination of employment or on a future date she selected at the time of her deferral election under the program.