Brink's director granted equity units worth 144 shares
BOYNTON PAUL G reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Plan Units | 0 | $103.63 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
Key Terms
Plan Units financial
Plan for Deferral of Directors' Fees financial
deferral election financial
quarterly compensation financial
FAQ
What insider transaction did BCO director Paul G. Boynton report?
At what price were the BCO Plan Units for Paul G. Boynton calculated?
When will Paul G. Boynton’s Brink's (BCO) Plan Units be settled?
How many Brink's (BCO) Plan Units does Paul G. Boynton hold after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.