STOCK TITAN

Brink's (BCO) director Herling credited 12.14 DSAP Units from dividend

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Herling Michael J reported acquisition or exercise transactions in this Form 4 filing.

Brink's director Michael J. Herling was credited with 12.14 DSAP Units on March 2, 2026 under the Directors' Stock Accumulation Plan. Each DSAP Unit is the economic equivalent of one share of Brink's common stock, based on a closing share price of $125.85. This dividend-equivalent grant increased his DSAP balance to 6,001.12 units, which will be settled in Brink's common stock after he leaves the board.

Positive

  • None.

Negative

  • None.
Insider Herling Michael J
Role Director
Type Security Shares Price Value
Grant/Award DSAP Units 12.14 $125.85 $2K
Holdings After Transaction: DSAP Units — 6,001.12 shares (Direct)
Footnotes (1)
  1. Under the terms of the Directors' Stock Accumulation Plan, as amended and restated (the "DSAP"), the Reporting Person will be entitled to receive a distribution in The Brink's Company ("BCO") common stock with respect to all units (each of which is the economic equivalent of one share of BCO common stock) ("DSAP Units") in the Reporting Person's account on a one-for-one basis following the Reporting Person's termination of service as a director. In accordance with the terms of the DSAP, DSAP 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 DSAP Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $125.85, which is the closing price of BCO common stock on March 2, 2026, in accordance with the terms of the DSAP.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Herling Michael J

(Last) (First) (Middle)
1801 BAYBERRY COURT
P.O. BOX 18100

(Street)
RICHMOND VA 23226

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BRINKS CO [ BCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
DSAP Units (1) 03/02/2026 A 12.14(2) (1) (1) Common Stock 12.14 $125.85(3) 6,001.12 D
Explanation of Responses:
1. Under the terms of the Directors' Stock Accumulation Plan, as amended and restated (the "DSAP"), the Reporting Person will be entitled to receive a distribution in The Brink's Company ("BCO") common stock with respect to all units (each of which is the economic equivalent of one share of BCO common stock) ("DSAP Units") in the Reporting Person's account on a one-for-one basis following the Reporting Person's termination of service as a director.
2. In accordance with the terms of the DSAP, DSAP Units were credited to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock.
3. The number of DSAP Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $125.85, which is the closing price of BCO common stock on March 2, 2026, in accordance with the terms of the DSAP.
Remarks:
/s/ Linda M. MacNally, Attorney-in-Fact 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Brink's (BCO) director Michael J. Herling report?

Director Michael J. Herling reported an acquisition of 12.14 DSAP Units under Brink's Directors' Stock Accumulation Plan. These units were credited as dividend equivalents and are economically equal to Brink's common shares, increasing his DSAP balance to 6,001.12 units.

How many DSAP Units does Michael J. Herling hold after the latest BCO Form 4?

After the reported transaction, Michael J. Herling holds 6,001.12 DSAP Units. Each DSAP Unit represents the economic equivalent of one share of Brink's common stock, to be distributed in stock when his board service ends under the plan’s terms.

What is a DSAP Unit in the Brink's (BCO) Directors' Stock Accumulation Plan?

A DSAP Unit is the economic equivalent of one share of Brink's common stock credited to directors’ accounts. Under the plan, these units are ultimately settled one-for-one in Brink's common stock after the director’s termination of service on the board.

How was the price for Michael J. Herling’s DSAP Units determined in the BCO filing?

The DSAP Units were valued using a share price of $125.85, which was the closing price of Brink's common stock on March 2, 2026. This price is used under the plan to determine the number of units credited for dividend-equivalent distributions.

Why were additional DSAP Units credited to the Brink's (BCO) director’s account?

Additional DSAP Units were credited to Michael J. Herling’s account because of a dividend payment on Brink's common stock. Under the Directors' Stock Accumulation Plan, dividends trigger dividend-equivalent credits, adding DSAP Units instead of paying cash.