BCO Form 4: EVP/CFO Reports 651-Share Withholding, 57,284 Owned
Rhea-AI Filing Summary
Kurt B. McMaken, EVP and Chief Financial Officer of Brink's Company (BCO), reported a transaction on 09/30/2025 in which 651 shares of common stock were disposed of at a price of $116.86. The filing states these shares were withheld by the company to satisfy the tax withholding obligation for Restricted Stock Units that vested on that date.
After the reported transactions, the Reporting Person beneficially owned 57,284 shares, which the filing notes includes Restricted Stock Units that have not yet vested. The filing also shows 62.81 Program Units were credited under the company's Key Employees' Deferral Compensation Program, with the Program Units valuing each unit at the same $116.86 closing price and an indicated 4,229.57 amount reported in the derivative section. Program Units settle in BCO common stock on a one-for-one basis and will be distributed per the Reporting Person's deferral election.
Positive
- 651 shares were disclosed as withheld to satisfy tax obligations, showing transparent reporting
- Program Units of 62.81 were credited to the deferral account, indicating continued executive alignment with equity compensation
Negative
- 651 share disposition reduced the reporting person's direct holdings at the transaction price of $116.86
- Filing notes that a portion of the reported 57,284 shares are unvested, indicating not all ownership is currently liquid
Insights
Tax-withholding sale from vested RSUs reduced reported shares; deferred compensation credited as Program Units.
The form shows 651 shares were disposed of at $116.86 to satisfy tax withholding for vested Restricted Stock Units on 09/30/2025. This is a routine administrative action when equity awards vest and taxes are due.
The filing also documents 62.81 Program Units credited under the Key Employees' Deferral Compensation Program, which the company says will settle one-for-one in common stock and be distributed according to the executive's deferral election.
Officer disclosed changes and ongoing beneficial ownership of 57,284 shares including unvested RSUs.
The report identifies the reporting person as an officer (EVP, CFO) and shows continued beneficial ownership of 57,284 shares following the withholding transaction. The filing explicitly states some of those shares are unvested Restricted Stock Units.
The form is signed by an attorney-in-fact and lists the transaction date and details, meeting the disclosure requirements for Section 16 reporting.