Brink's (NYSE: BCO) director adds DSAP Units from dividend-based stock plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Herling Michael J reported acquisition or exercise transactions in this Form 4 filing.

Brink's Company director Michael J. Herling received additional DSAP Units as a compensation-related award. On the transaction date, 14.86 DSAP Units, each economically equivalent to one share of Brink's common stock, were credited to his account at a reference share price of $103.02.

These units were added under the Directors' Stock Accumulation Plan as a result of a dividend payment on Brink's common stock. Following this credit, Herling holds a total of 6,015.98 DSAP Units, which will be distributable in Brink's common stock on a one-for-one basis after his service as a director ends.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Herling Michael J

Role null

Type	Security	Shares	Price	Value
Grant/Award	DSAP Units	14.86	$103.02	$2K

Holdings After Transaction: DSAP Units — 6,015.98 shares (Direct, null)

Footnotes (1)

Under the terms of the Directors' Stock Accumulation Plan, as amended and restated (the "DSAP"), the Reporting Person will be entitled to receive a distribution in The Brink's Company ("BCO") common stock with respect to all units (each of which is the economic equivalent of one share of BCO common stock) ("DSAP Units") in the Reporting Person's account on a one-for-one basis following the Reporting Person's termination of service as a director. In accordance with the terms of the DSAP, DSAP 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 DSAP Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $103.02, which is the closing price of BCO common stock on June 1, 2026, in accordance with the terms of the DSAP.

Key Figures

DSAP Units granted: 14.86 DSAP Units Reference share price: $103.02 per share Total DSAP Units after transaction: 6,015.98 DSAP Units +1 more

4 metrics

DSAP Units granted 14.86 DSAP Units Credited from dividend on June 1, 2026

Reference share price $103.02 per share Closing Brink's stock price on June 1, 2026

Total DSAP Units after transaction 6,015.98 DSAP Units Post-transaction holdings for Michael J. Herling

Conversion ratio 1 unit : 1 share Each DSAP Unit equals one Brink's common share on distribution

Key Terms

Directors' Stock Accumulation Plan, DSAP Units, economic equivalent, distribution in common stock

4 terms

Directors' Stock Accumulation Plan financial

"Under the terms of the Directors' Stock Accumulation Plan, as amended and restated"

DSAP Units financial

"each of which is the economic equivalent of one share of BCO common stock) ("DSAP Units")"

economic equivalent financial

"each of which is the economic equivalent of one share of BCO common stock"

distribution in common stock financial

"will be entitled to receive a distribution in The Brink's Company common stock"

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Form 4 Insider Transactions: What Each Field Means →

06/03/2026 - 07:08 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Herling Michael J

(Last)

(First)

(Middle)

1801 BAYBERRY COURT

P.O. BOX 18100

(Street)

RICHMOND

VIRGINIA

23226

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BRINKS CO [ BCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
DSAP Units	⁽¹⁾	06/01/2026		A		14.86⁽²⁾		⁽¹⁾	⁽¹⁾	Common Stock	14.86	$103.02⁽³⁾	6,015.98	D

Explanation of Responses:

1. Under the terms of the Directors' Stock Accumulation Plan, as amended and restated (the "DSAP"), the Reporting Person will be entitled to receive a distribution in The Brink's Company ("BCO") common stock with respect to all units (each of which is the economic equivalent of one share of BCO common stock) ("DSAP Units") in the Reporting Person's account on a one-for-one basis following the Reporting Person's termination of service as a director.

2. In accordance with the terms of the DSAP, DSAP Units were credited to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock.

3. The number of DSAP Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $103.02, which is the closing price of BCO common stock on June 1, 2026, in accordance with the terms of the DSAP.

Remarks:

	/s/ Linda M. MacNally, Attorney-in-Fact	06/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Brink's (BCO) director Michael J. Herling report?

Michael J. Herling reported an acquisition of 14.86 DSAP Units. These units were credited to his account under the Directors' Stock Accumulation Plan as a result of a dividend paid on Brink's common stock, and represent deferred stock-based compensation.

What are DSAP Units in the Brink's (BCO) Directors' Stock Accumulation Plan?

DSAP Units are deferred stock units where each unit equals the economic value of one Brink's common share. Under the plan, directors receive Brink's stock later, after their board service ends, instead of immediate cash or stock compensation.

How many DSAP Units does Michael J. Herling hold after this Brink's (BCO) Form 4 filing?

After this transaction, Michael J. Herling holds 6,015.98 DSAP Units. Each unit is economically equivalent to one Brink's common share and is scheduled to be distributed in stock after his service as a director concludes, per the plan’s terms.

How was the number of DSAP Units determined in this Brink's (BCO) transaction?

The 14.86 DSAP Units were based on a Brink's share price of $103.02. This price was the closing price of Brink's common stock on June 1, 2026, and was used under the plan’s formula to convert the dividend into additional units.

When will Michael J. Herling receive Brink's (BCO) common stock for his DSAP Units?

Herling will receive Brink's common stock for his DSAP Units after his termination of service as a director. At that time, each DSAP Unit converts into one share of Brink's common stock, reflecting the plan’s one-for-one distribution feature.