Brinks director awarded 1,578 deferred stock units
Andrade Kathie J. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Andrade Kathie J. reported acquisition or exercise transactions in this Form 4 filing.
BRINKS CO director Kathie J. Andrade received a grant of 1,578 Deferred Stock Units as director compensation. Each unit represents the right to receive one share of Brinks common stock at settlement. After this grant, she holds a total of 3,422 Deferred Stock Units.
These DSUs were granted under the company’s 2024 Equity Incentive Plan and a DSU Award Agreement. They vest on the earlier of one year from the grant date or the following year’s annual shareholder meeting, with a minimum vesting period of six months. Vesting accelerates if there is a change in control, and the units are forfeited if she leaves the board before vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,578 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each DSU represents the right to receive, at settlement, one share of Company Common Stock.
- F2. Subject to the terms and conditions of the 2024 Equity Incentive Plan and a DSU Award Agreement (the "Award Agreement"), the Reporting Person has been granted DSUs that vest upon the earlier of: (1) the one year anniversary of the grant date; and (2) the following year's annual meeting of shareholders, but in any event the DSUs shall not have a vesting period of less than six months. The vesting accelerates upon a change in control of The Company. The DSUs will be settled in Company common stock on a one-for-one basis upon vesting. Pursuant to terms of the Award Agreement, the DSUs will be forfeited if the director ceases to serve as a member of the Board of Directors of the Company prior to the expiration of the vesting period.
Key Figures
Key Terms
Deferred Stock Units financial
2024 Equity Incentive Plan financial
DSU Award Agreement financial
change in control financial
Board of Directors financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BRINKS CO (BCO) report for Kathie J. Andrade?
How many Deferred Stock Units does Kathie J. Andrade hold after this BCO Form 4?
When do the newly granted BRINKS CO Deferred Stock Units vest for Kathie J. Andrade?
What happens to Kathie J. Andrade’s BRINKS CO DSUs if she leaves the board before vesting?
How are BRINKS CO Deferred Stock Units settled for Kathie J. Andrade?
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