Brink's (BCO) EVP & CLO receives 41.82 deferred stock Program Units
Rhea-AI Filing Summary
Cook Kristen Williams reported acquisition or exercise transactions in this Form 4 filing.
Brink's Company executive Kristen Williams Cook received a routine equity-based compensation grant. She was credited with 41.82 Program Units, each economically equivalent to one share of Brink's common stock, based on a reference share price of $103.63.
The Program Units were added to her stock incentive account under the Key Employees' Deferral Compensation Program and will settle one-for-one in Brink's common stock. Settlement will occur either after her employment with Brink's ends or on a future date she previously selected, bringing her total Program Units to 220.93 following this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 41.82 | $103.63 | $4K |
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' 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. 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. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $103.63, 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
Key Terms
Program Units financial
Key Employees' Deferral Compensation Program financial
stock incentive account financial
deferred compensation financial
economic equivalent financial
FAQ
What insider transaction did Brink's (BCO) report for Kristen Williams Cook?
What are the Program Units granted to the Brink's (BCO) executive?
How was the 41.82-unit grant to the Brink's (BCO) executive calculated?
When will the Brink's (BCO) Program Units be paid to the executive?
Does the Brink's (BCO) Form 4 indicate a stock purchase or sale?
How often are Brink's (BCO) Program Units credited under the deferral program?