Brinks (NYSE: BCO) CEO awarded 115.72 deferred stock units as dividend equivalents
Rhea-AI Filing Summary
Eubanks Richard M. reported acquisition or exercise transactions in this Form 4 filing.
BRINKS CO President and CEO Richard M. Eubanks received a grant of 115.72 Program Units tied to company common stock. These units, each economically equal to one share, were credited under the Key Employees' Deferred Compensation Program as a result of a dividend paid on Brinks common stock.
The units were valued using a share price of $103.02, the closing price on June 1, 2026, and will settle one-for-one in Brinks common stock after Eubanks' employment ends or on a future date he previously elected. Following this grant, his Program Unit balance stands at 46,979.14 units, reflecting deferred, stock-based compensation rather than an open-market purchase or sale.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 115.72 | $103.02 | $12K |
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' Deferred 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, Program Units were credited to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $103.02, which was the closing price of BCO common stock on June 1, 2026, calculated in accordance with the terms of the Program.