Brink's (BCO) EVP & CLO receives 45.86 deferred stock units under compensation plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cook Kristen Williams reported acquisition or exercise transactions in this Form 4 filing.
The Brink's Company executive Kristen Williams Cook received a routine compensation award in the form of Program Units tied to BCO common stock. On the transaction date, she was granted 45.8600 Program Units, each economically equivalent to one share of common stock and credited to her stock incentive account.
These Program Units will settle on a one-for-one basis in BCO common stock, to be distributed after her employment ends or on a future date she previously selected under the Key Employees' Deferral Compensation Program. The units were calculated using a share price of $94.49, the closing price of BCO stock on the final trading day of the month.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cook Kristen Williams
Role
EVP & CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 45.86 | $94.49 | $4K |
Holdings After Transaction:
Program Units — 349.69 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 $94.49, 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: 45.8600 units
Total Program Units after grant: 349.6900 units
Reference share price: $94.49 per share
+1 more
4 metrics
Program Units granted
45.8600 units
Grant/award acquisition on 2026-06-30
Total Program Units after grant
349.6900 units
Holdings following transaction
Reference share price
$94.49 per share
Closing BCO stock price used to calculate units
Underlying security
45.8600 BCO common shares
Each Program Unit equals one share on settlement
Key Terms
Program Units, Key Employees' Deferral Compensation Program, stock incentive account, deferred compensation
4 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
"under the terms of the Key Employees' Deferral Compensation Program (the "Program")"
stock incentive account financial
"credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferral Compensation Program"
deferred compensation financial
"compensation deferred by the Reporting Person during that month and/or any matching amounts are converted into Program Units"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
FAQ
What did Brink's (BCO) EVP & CLO Kristen Williams Cook report on this Form 4?
Kristen Williams Cook reported receiving 45.8600 Program Units as a compensation award. Each unit is economically equivalent to one share of Brink's common stock and is credited to her stock incentive account under the company’s deferral program.
What are Program Units in the Brink's (BCO) deferred compensation plan?
Program Units are bookkeeping entries economically equivalent to one Brink's common share. They are credited to an executive’s stock incentive account and will later settle in actual BCO shares on a one-for-one basis under the Key Employees’ Deferral Compensation Program.
How many Brink's (BCO) Program Units does Kristen Williams Cook hold after this transaction?
After this transaction, Kristen Williams Cook holds a total of 349.6900 Program Units. These units represent deferred compensation that will eventually be distributed in Brink's common stock according to the timing rules of the company’s deferral program.
When will Kristen Williams Cook’s Brink's (BCO) Program Units be settled into common stock?
The Program Units will settle into Brink's common stock either after her employment with the company ends or on a future date she previously selected. The distribution timing follows her deferral election under the Key Employees’ Deferral Compensation Program.
How was the number of Brink's (BCO) Program Units granted to Kristen Williams Cook determined?
The 45.8600 Program Units were based on a Brink’s share price of $94.49. This reflects the closing price of BCO common stock on the final trading day of the month in which the deferred compensation would have been paid.
Does this Brink's (BCO) Form 4 reflect an open-market stock purchase or sale?
No, this Form 4 reflects a grant of Program Units as deferred compensation, not an open-market trade. The transaction is coded as an acquisition award, with no shares bought or sold in the market by Kristen Williams Cook.