Brink's (NYSE: BCO) director receives deferred equity grant tied to 144 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BOYNTON PAUL G reported acquisition or exercise transactions in this Form 4 filing.
Director Paul G. Boynton of The Brink's Company received a compensation-related grant of Plan Units on the company’s deferred directors’ fee plan. The award is economically equivalent to 144 shares of Brink's common stock, based on a reference share price of $103.63.
These units are credited to his equity account and will settle one-for-one into Brink's common stock after his Board service ends or on a future date he previously elected. Following this grant, his deferred Plan Unit balance stands at 10,763.17 units, reflecting accumulated equity compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BOYNTON PAUL G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Plan Units | 0 | $103.63 | -- |
Holdings After Transaction:
Plan Units — 10,763.17 shares (Direct)
Footnotes (1)
- 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 equity account under the Plan for Deferral of Directors' Fees (the "Plan") 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 service from the Board of Directors or (2) on a future date selected by the Reporting Person at the time of his or her deferral election. The reporting person has elected to receive shares of BCO common stock as part of his quarterly compensation for service on the Company's Board and Committees and has elected to defer those shares under the Plan. The number of Units credited to the Reporting Person's equity account on the Transaction Date is based upon a share price of $103.63, which is the closing price of BCO common stock on the final trading day of the quarter, calculated in accordance with the terms of the Plan.
Key Figures
Underlying shares: 144 shares
Reference share price: $103.63
Plan Units after grant: 10,763.17 units
+2 more
5 metrics
Underlying shares
144 shares
Common stock equivalent for new Plan Units
Reference share price
$103.63
Closing price used to calculate Plan Units
Plan Units after grant
10,763.17 units
Total Plan Units following transaction
Transaction code
A
Grant, award, or other acquisition of derivative units
Transaction date
2026-04-01
Date Plan Units were credited
Key Terms
Plan Units, Plan for Deferral of Directors' Fees, deferral election, quarterly compensation
4 terms
Plan Units financial
"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 equity account under the Plan for Deferral of Directors' Fees"
Plan for Deferral of Directors' Fees financial
"credited to the Reporting Person's equity account under the Plan for Deferral of Directors' Fees (the "Plan")"
deferral election financial
"shall be distributed in accordance with the Reporting Person's deferral election either (1) following the Reporting Person's termination of service"
quarterly compensation financial
"has elected to receive shares of BCO common stock as part of his quarterly compensation for service on the Company's Board and Committees"
FAQ
What insider transaction did BCO director Paul G. Boynton report?
Paul G. Boynton reported a grant of Plan Units tied to deferred director fees. The award is economically equal to 144 Brink's common shares and increases his deferred equity compensation balance rather than reflecting an open-market stock purchase or sale.
At what price were the BCO Plan Units for Paul G. Boynton calculated?
The number of Plan Units was calculated using a Brink's common stock price of $103.63. This price represents the closing price on the quarter’s final trading day, as specified under the company’s Plan for Deferral of Directors’ Fees.
When will Paul G. Boynton’s Brink's (BCO) Plan Units be settled?
The Plan Units will settle into Brink's common stock either after Boynton’s termination of Board service or on a future date he previously elected. Settlement timing follows his deferral election under the company’s Plan for Deferral of Directors’ Fees.
How many Brink's (BCO) Plan Units does Paul G. Boynton hold after this grant?
After this compensation grant, Boynton holds a total of 10,763.17 Plan Units. These units track the value of Brink's common stock and will convert one-for-one into shares when distributed under his deferral election terms.