BRINKS CO EVP granted 52.23 deferred stock units
An executive vice president of BRINKS CO received additional deferred stock-based compensation units tied one-for-one to BCO common shares.
Rhea-AI Filing Summary
BRINKS CO (symbol: BCO) is the issuer of record for a Form 4 filing submitted to the SEC. Peschard Mijares Guillermo Eduardo reported acquisition or exercise transactions in this Form 4 filing.
BRINKS CO (BCO) reported that Executive Vice President Guillermo Eduardo Peschard Mijares received a grant of 52.23 Program Units on August 31, 2026 under the company’s Key Employees' Deferral Compensation Program. These units are economically equivalent to BCO common shares and will settle in stock on a one-for-one basis at a future distribution date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 52.23 shares
Grant/Award
1 txn
Insider
Peschard Mijares Guillermo Eduardo
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units F1, F2, F3 | 52.23 | $108.93 | $6K |
Holdings After Transaction:
Program Units — 1,070.31 contracts (Direct)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $108.93, 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: 52.23 units
Program Units after transaction: 1,070.31 units
Reference share price: $108.93 per share
+1 more
4 metrics
Program Units granted
52.23 units
Grant of Program Units on August 31, 2026 under the Key Employees' Deferral Compensation Program
Program Units after transaction
1,070.31 units
Total Program Units credited to the executive’s stock incentive account following the August 31, 2026 grant
Reference share price
$108.93 per share
Closing price of BCO common stock on the final trading day of the month, used to convert deferred compensation into Program Units
Settlement ratio
1 Program Unit for 1 BCO common share
Program Units will settle in BCO common stock on a one-for-one basis at distribution
Key Terms
Program Units, Key Employees' Deferral Compensation Program, deferral election
3 terms
Program Units financial
"Program Units (each of which is the economic equivalent of one share of The Brink's Company common stock)"
Key Employees' Deferral Compensation Program financial
"credited ... under the terms of the Key Employees' Deferral Compensation Program"
deferral election financial
"shall be distributed in accordance with the Reporting Person's deferral election"
FAQ
What insider transaction did BCO report for Guillermo Eduardo Peschard Mijares?
BCO reported that Executive Vice President Guillermo Eduardo Peschard Mijares was granted 52.23 Program Units on August 31, 2026 as part of the Key Employees' Deferral Compensation Program, representing deferred stock-based compensation rather than an open-market purchase.
What are Program Units in BRINKS CO’s (BCO) filing?
The filing states that each Program Unit is the economic equivalent of one share of BCO common stock and will settle in BCO common stock on a one-for-one basis, distributed according to the executive’s deferral election, such as after termination of employment or on a selected future date.
How many Program Units does the BCO executive hold after this transaction?
After the August 31, 2026 grant, the reporting executive’s account shows 1,070.31 Program Units credited on a direct basis, according to the Form 4 data.
How was the number of BCO Program Units for this grant calculated?
The filing explains that the 52.23 Program Units were based on a share price of $108.93, which was the closing price of BCO common stock on the final trading day of the month when the deferred compensation would have been payable, as specified by the Program.
When will the BCO Program Units be paid out to the executive?
According to the disclosure, the Program Units will be distributed in BCO common stock either after the executive’s termination of employment or on a future date selected by the executive at the time of the deferral election, in line with the Program’s terms.
Was the BCO insider transaction made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, so this reported grant of Program Units is not stated to be made pursuant to a Rule 10b5-1 trading plan.
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