BCO Form 4: Director credited 229 deferred units
Rhea-AI Filing Summary
The Form 4 shows that director Timothy J. Tynan acquired 229 units under The Brink's Company’s Plan for Deferral of Directors' Fees on 10/01/2025. Each unit is the economic equivalent of one share and will settle one‑for‑one into BCO common stock per the deferral election. The reporting form states the $116.86 closing share price used to calculate the number of units and reports 2,072.47 shares beneficially owned by the reporting person following the transaction. The units were elected as deferred quarterly director compensation and will be distributed either after the director leaves the board or on a future date the director selected.
Positive
- 229 units credited under the director deferral plan, showing continued alignment with equity
- Units convert one‑for‑one to common stock, providing clear settlement mechanics
Negative
- None.
Insights
Director deferred 229 units, increasing beneficial ownership to 2,072.47 shares.
The filing documents a non‑derivative acquisition under the company's director deferral plan on 10/01/2025, using the $116.86 closing price to credit 229 units. These units convert one‑for‑one to common stock and are being held under the plan until a future distribution event selected by the director.
This action reflects a compensation election rather than an open‑market purchase or sale; it changes reported beneficial ownership but does not indicate a liquid cash transaction for shares on the market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Plan Units | 229 | $116.86 | $27K |
Footnotes (1)
- 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 equity account under the Plan for Deferral of Directors' Fees (the "Plan") 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 service from the Board of Directors or (2) on a future date selected by the Reporting Person at the time of his or her deferral election. The reporting person has elected to receive shares of BCO common stock as part of his quarterly compensation for service on the Company's Board and Committees and has elected to defer those shares under the Plan. The number of Units credited to the Reporting Person's equity account on the Transaction Date is based upon a share price of $116.86, which is the closing price of BCO common stock on the final trading day of the quarter, calculated in accordance with the terms of the Plan.