Brink’s (NYSE: BCO) EVP Adrian Button granted 52 Program Units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Button Adrian reported acquisition or exercise transactions in this Form 4 filing.
BRINKS CO executive Adrian Button reported a routine compensation award under the company’s deferred compensation program. On May 29, 2026, he received 52.07 Program Units, each economically equivalent to one share of Brink’s common stock, credited to his stock incentive account.
The units were valued using a Brink’s share price of $104.02, the closing price on the final trading day of the month. Following this award, Button’s account holds a total of 102.81 Program Units. These units will settle one-for-one in Brink’s common stock on a future date or after his employment ends, in line with his deferral elections.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Button Adrian
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 52.07 | $104.02 | $5K |
Holdings After Transaction:
Program Units — 102.81 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 $104.02, 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: 52.07 units
Reference share price: $104.02 per share
Total Program Units after award: 102.81 units
3 metrics
Program Units granted
52.07 units
Award to EVP Adrian Button on May 29, 2026
Reference share price
$104.02 per share
Closing price used to calculate Program Units
Total Program Units after award
102.81 units
Adrian Button’s stock incentive account balance
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"
Key Employees' Deferral Compensation Program financial
"under the terms of the Key Employees' Deferral Compensation Program"
stock incentive account financial
"credited to the Reporting Person's stock incentive account under the terms"
deferred compensation financial
"compensation deferred by the Reporting Person during that month"
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 insider transaction did BRINKS CO (BCO) report for Adrian Button?
BRINKS CO reported that EVP Adrian Button received 52.07 Program Units as a compensation award. These units are tied to Brink’s common stock and are credited to his stock incentive account under the Key Employees’ Deferral Compensation Program.
What are Program Units in the BRINKS CO (BCO) Form 4 filing?
Program Units are compensation instruments economically equivalent to one share of BRINKS CO common stock. They are credited to the executive’s stock incentive account and will settle one-for-one in common shares on a future date or after employment ends, per deferral elections.
How was the 52.07-unit award to Adrian Button at BRINKS CO (BCO) calculated?
The 52.07 Program Units were based on a share price of $104.02, equal to the closing price of BRINKS CO stock on the final trading day of the month. Deferred compensation and matching amounts are converted into units using this price.
When will Adrian Button’s BRINKS CO (BCO) Program Units be paid out?
The Program Units will settle in BRINKS CO common stock on a one-for-one basis. Distribution occurs either after Adrian Button’s termination of employment or on a future date he chose in his deferral election under the program terms.
How many Program Units does Adrian Button hold after this BRINKS CO (BCO) transaction?
After the May 29, 2026 award, Adrian Button’s account shows a total of 102.81 Program Units. Each unit is the economic equivalent of one Brink’s common share and will ultimately settle in stock according to his deferral elections.