Brink's (NYSE: BCO) director adds 159 deferred stock units in Q1 2026
Rhea-AI Filing Summary
The Brink's Company director reported a routine compensation-related transaction involving deferred stock units. On 01/01/2026, the director acquired 159 units under the Plan for Deferral of Directors' Fees, treated as a derivative security. Each unit is the economic equivalent of one share of Brink's common stock and will settle in common shares on a one-for-one basis, either after the director leaves the board or on a future date chosen in advance.
The number of units credited was based on a share price of $116.73, the closing price of Brink's common stock on the final trading day of the quarter, in line with the plan's terms. Following this transaction, the director held 10,556.33 derivative units on a direct ownership basis. The filing reflects compensation and deferral elections rather than an open-market trade.
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FAQ
What did Brink's Company (BCO) disclose in this Form 4 filing?
The filing reports that a Brink's Company director received 159 deferred stock units as part of quarterly compensation on 01/01/2026 under the Plan for Deferral of Directors' Fees.
How many Brink's (BCO) deferred stock units did the director receive and at what reference price?
The director was credited with 159 units, calculated using a reference share price of $116.73, which was the closing price of Brink's common stock on the final trading day of the quarter.
What do the deferred stock units represent for the Brink's (BCO) director?
Each unit is the economic equivalent of one share of Brink's common stock. The units will settle in common stock on a one-for-one basis according to the director's deferral election.
When will the Brink's (BCO) deferred units be settled into common stock?
The units will be distributed either after the director's termination of service from the Board of Directors or on a future date the director selected at the time of the deferral election.
How many derivative units did the Brink's (BCO) director hold after this transaction?
After the 01/01/2026 transaction, the director beneficially owned 10,556.33 derivative units on a direct ownership basis.
Is this Brink's (BCO) Form 4 transaction an open-market trade?
No. The filing describes units credited as part of quarterly compensation and deferred under the company's Plan for Deferral of Directors' Fees, rather than a purchase or sale on the open market.