Brink's Company (BCO) CEO adds 97.45 deferred stock units in plan
Rhea-AI Filing Summary
The Brink's Company insider reports new deferred stock units under a compensation program. The company’s President and CEO, who also serves as a director, recorded an acquisition of 97.45 “Program Units” on 12/31/2025. Each Program Unit is the economic equivalent of one share of Brink's common stock and will ultimately be settled one-for-one in common shares under the Key Employees' Deferral Compensation Program.
The units were credited based on a share price of $116.73, which was the closing price of Brink's common stock on the final trading day of the month in which the deferred compensation would have been payable. Following this transaction, the reporting person beneficially owns 14,944.02 derivative securities in the form of Program Units, all held directly. These units will be distributed either after employment ends or on a future date chosen in advance under the executive’s deferral election.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Brink's Company (BCO) report in this filing?
The filing reports that the Brink's Company President and CEO, who is also a director, acquired 97.45 Program Units on 12/31/2025 under the Key Employees' Deferral Compensation Program.
What are Brink's Company Program Units mentioned in the BCO insider filing?
Each Program Unit is the economic equivalent of one share of Brink's common stock. Units are credited to a stock incentive account and will settle in common stock on a one-for-one basis.
How is the number of Brink's (BCO) Program Units determined for the CEO?
The number of Program Units is based on the closing price of Brink's common stock, which was $116.73 on the final trading day of the month. Deferred compensation and any matching amounts are converted into units at that price.
When will the Brink's CEO receive the shares underlying these Program Units?
The units will be distributed in Brink's common stock either after the CEO’s termination of employment or on a future date the CEO selected at the time of the deferral election, in line with the Program’s terms.
How many Brink's (BCO) Program Units does the reporting person own after this transaction?
After this transaction, the reporting person beneficially owns 14,944.02 derivative securities in the form of Program Units, all held directly.
Is this Brink's (BCO) insider transaction part of a compensation deferral program?
Yes. The acquisition reflects compensation deferred into Program Units under the Key Employees' Deferral Compensation Program, where monthly deferred compensation and any matching amounts are converted into units.