Brinks (NYSE: BCO) CFO adds 56 deferred stock units under comp plan
Rhea-AI Filing Summary
The Brink's Company executive Kurt B. McMaken, EVP and Chief Financial Officer, acquired 56.46 Program Units on May 29, 2026 under the company’s Key Employees’ Deferral Compensation Program. These units are the economic equivalent of Brink's common stock and will settle one-for-one in shares.
The grant was based on a reference share price of $104.02, the closing price of Brink's stock on the final trading day of the month in which the deferred compensation would have been payable. Following this credit, McMaken’s stock incentive account holds a total of 5,421.01 Program Units, which are scheduled to be distributed in Brink's common stock according to his deferral elections after employment ends or on a chosen future date.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McMaken Kurt B
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 56.46 | $104.02 | $6K |
Holdings After Transaction:
Program Units — 5,421.01 shares (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 $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: 56.46 units
Reference share price: $104.02 per share
Total Program Units after transaction: 5,421.01 units
+1 more
4 metrics
Program Units granted
56.46 units
Grant/award on May 29, 2026
Reference share price
$104.02 per share
Closing price used to convert deferred compensation
Total Program Units after transaction
5,421.01 units
Balance in stock incentive account following the grant
Underlying common stock equivalent
56.46 shares
Each Program Unit equals one Brink's common share
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Brinks (BCO) CFO Kurt McMaken report in this Form 4 filing?
Kurt McMaken reported a grant of 56.46 Program Units. These units were credited to his stock incentive account under Brink's Key Employees’ Deferral Compensation Program and are economically equivalent to common shares, settling one-for-one in stock at a later distribution date.
How many Brinks (BCO) Program Units does the CFO hold after this transaction?
After this transaction, the CFO holds 5,421.01 Program Units. These units sit in his stock incentive account and each represents the economic equivalent of one Brink's common share, to be settled in stock according to his deferral elections.
What are Brinks (BCO) Program Units mentioned in the CFO’s Form 4?
Program Units are deferred compensation units equal to one Brink's share. Each unit is the economic equivalent of one share of Brink's common stock and will settle in actual shares on a one-for-one basis at a future distribution date.
How are Brinks (BCO) Program Units credited to the CFO’s account each month?
Program Units are credited monthly based on deferred compensation. On the last business day of each month, Kurt McMaken’s deferred pay and any matching amounts are converted into Program Units using the month-end closing stock price, then added to his stock incentive account.