Brink's Co (BCO) EVP Adrian Button receives 50.740 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRINKS CO executive Adrian Button reported a routine compensation-related award of derivative securities. On this Form 4, he acquired 50.740 Program Units, each economically equivalent to one share of Brink's common stock, credited to his stock incentive account.
These Program Units were issued under the Key Employees' Deferral Compensation Program based on a reference share price of $106.75, the closing price of Brink's common stock on the final trading day of the month. The units will settle in Brink's common stock on a one-for-one basis and be distributed after his termination of employment or on a future date selected in his deferral election. Following this transaction, his balance under this Program is 50.740 Program Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Button Adrian
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 50.74 | $106.75 | $5K |
Holdings After Transaction:
Program Units — 50.74 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' Deferral 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, on the last business day of each month, compensation deferred by the Reporting Person during that month and/or any matching amounts are converted into Program Units and credited to the Reporting Person's stock incentive account. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $106.75, which is the closing price of BCO common stock on the final trading day of the month in which the deferred compensation would have been payable, calculated in accordance with the terms of the Program.
Key Figures
Program Units granted: 50.740 units
Reference share price: $106.75 per share
Units after transaction: 50.740 units
+1 more
4 metrics
Program Units granted
50.740 units
Grant/award acquisition on April 30, 2026
Reference share price
$106.75 per share
Closing price on final trading day of the month
Units after transaction
50.740 units
Total Program Units credited following this award
Conversion ratio
1 unit : 1 share
Each Program Unit settles into one Brink's common share
Key Terms
Program Units, Key Employees' Deferral Compensation Program, deferral election, stock incentive account, +1 more
5 terms
Program Units financial
"Program Units (each of which is the economic equivalent of one share of The Brink's Company ("BCO") common stock)"
Key Employees' Deferral Compensation Program financial
"credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferral Compensation Program (the "Program")"
deferral election financial
"shall be distributed in accordance with the Reporting Person's deferral election either (1) following the Reporting Person's termination"
stock incentive account financial
"converted into Program Units and credited to the Reporting Person's stock incentive account"
closing price financial
"based upon a share price of $106.75, which is the closing price of BCO common stock"
FAQ
What did Brink's (BCO) EVP Adrian Button report in this Form 4 filing?
Adrian Button reported receiving 50.740 Program Units as a compensation-related award. Each unit is economically equivalent to one Brink's common share and was credited under the Key Employees' Deferral Compensation Program based on the month-end closing share price of $106.75.
What are the Program Units reported by Brink's (BCO) EVP Adrian Button?
The Program Units are deferred compensation instruments, each equal in value to one Brink's common share. They are credited to a stock incentive account and will ultimately settle in Brink's common stock, according to the terms of the Key Employees' Deferral Compensation Program.
When will Adrian Button’s Brink's (BCO) Program Units be paid out?
The Program Units will be distributed in Brink's common stock after Adrian Button’s termination of employment or on a specific future date. That date is chosen by him at the time of his deferral election under the Key Employees' Deferral Compensation Program.
How was the number of Brink's (BCO) Program Units for Adrian Button calculated?
The 50.740 Program Units were based on a share price of $106.75, Brink's closing price on the final trading day of the month. Deferred compensation and any matching amounts are converted into units at that price under the Program’s terms.
Does this Brink's (BCO) Form 4 show an open-market buy or sell by Adrian Button?
No, the filing shows a grant or award acquisition of 50.740 Program Units as deferred compensation. It is not an open-market purchase or sale but a routine conversion of deferred pay into equity-linked units under Brink's Key Employees' Deferral Compensation Program.