Brink's director awarded 12.14 DSAP Units
Herling Michael J reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | DSAP Units | 12.14 | $125.85 | $2K |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Brink's (BCO) director Michael J. Herling report?
How many DSAP Units does Michael J. Herling hold after the latest BCO Form 4?
What is a DSAP Unit in the Brink's (BCO) Directors' Stock Accumulation Plan?
How was the price for Michael J. Herling’s DSAP Units determined in the BCO filing?
Why were additional DSAP Units credited to the Brink's (BCO) director’s account?
AI-generated analysis. How Rhea-AI works. Not financial advice.