Brink's (BCO) director credited 18.39 dividend-based deferred Plan Units
Rhea-AI Filing Summary
Tynan Timothy Joseph reported acquisition or exercise transactions in this Form 4 filing.
The Brink's Company director Timothy Joseph Tynan received an automatic award of 18.39 Plan Units on March 2, 2026. These Plan Units are deferred compensation instruments, each economically equivalent to one share of Brink's common stock, valued using the closing share price of $125.85 on that date.
Under the company’s Plan for Deferral of Directors' Fees, the credited Plan Units will ultimately settle one-for-one in Brink's common stock, either after Tynan leaves the board or on a future date he previously elected. Following this dividend-related credit, his account holds a total of 2,339.82 Plan Units.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tynan Timothy Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Plan Units | 18.39 | $125.85 | $2K |
Holdings After Transaction:
Plan Units — 2,339.82 shares (Direct)
Footnotes (3)
- F1. Under the terms of the Plan for Deferral of Directors' Fees, as amended and restated (the "Plan"), units (each of which is the economic equivalent of one share of The Brink's Company ("BCO") common stock) ("Plan Units") credited to the Reporting Person's equity account 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.
- F2. In accordance with the terms of the Plan, Plan 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 Plan 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, calculated in accordance with the terms of the Plan.
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FAQ
What insider transaction did Brink's (BCO) director Timothy Joseph Tynan report?
Director Timothy Joseph Tynan reported an acquisition of 18.39 Plan Units on March 2, 2026. These units are deferred compensation tied to Brink's common stock and were credited automatically under the company’s director fee deferral plan following a dividend payment.
What are Plan Units in Brink's (BCO) director compensation plan?
Plan Units are deferred compensation units, each economically equivalent to one share of Brink's common stock. They are credited to a director’s equity account and will later settle in Brink's common shares on a one-for-one basis, according to that director’s deferral election terms.
Why did Timothy Joseph Tynan receive 18.39 Plan Units at Brink's (BCO)?
He received 18.39 Plan Units because the company credited his account due to a dividend payment on Brink's common stock. The number of units was calculated using the $125.85 closing share price on March 2, 2026, in line with the plan’s formula.
When will Brink's (BCO) director Plan Units convert into common stock?
Plan Units convert into Brink's common stock after a director’s service ends or on a future date chosen during the deferral election. Settlement occurs on a one-for-one basis, matching each Plan Unit to one share of Brink's common stock at distribution.
How many Brink's (BCO) Plan Units does director Timothy Joseph Tynan hold after this transaction?
After the March 2, 2026 credit, Timothy Joseph Tynan’s account holds 2,339.82 Plan Units. These represent deferred director compensation that will eventually settle in an equal number of Brink's common shares, following the timing rules of the deferral plan.