Brinks (NYSE: BCO) EVP credited Program Units from stock dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Peschard Mijares Guillermo Eduardo reported acquisition or exercise transactions in this Form 4 filing.
BRINKS CO executive vice president Guillermo Eduardo Peschard Mijares was credited with 2.11 Program Units tied to company common stock. These units were added under the Key Employees' Deferred Compensation Program based on a share price of $103.02 per Brink's share.
Program Units are the economic equivalent of one Brink's common share each and will settle in actual stock on a one-for-one basis. Distribution will occur after his employment ends or on a future date he previously selected, reflecting dividend equivalents rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Peschard Mijares Guillermo Eduardo
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 2.11 | $103.02 | $217.37 |
Holdings After Transaction:
Program Units — 909.84 shares (Direct, null)
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' Deferred 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, Program Units were credited to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $103.02, which was the closing price of BCO common stock on June 1, 2026, calculated in accordance with the terms of the Program.
Key Figures
Program Units granted: 2.11 Program Units
Reference share price: $103.02 per share
Total Program Units after transaction: 909.84 Program Units
3 metrics
Program Units granted
2.11 Program Units
Credited June 1, 2026 as dividend equivalent
Reference share price
$103.02 per share
Closing BCO stock price on June 1, 2026 used for credit
Total Program Units after transaction
909.84 Program Units
Balance in EVP’s stock incentive account following credit
Key Terms
Program Units, Key Employees' Deferred Compensation Program, deferral election, dividend payment
4 terms
Program Units financial
"Program Units (each of which is the economic equivalent of one share of The Brink's Company..."
Key Employees' Deferred Compensation Program financial
"credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferred Compensation Program..."
deferral election financial
"shall be distributed in accordance with the Reporting Person's deferral election either (1) following the Reporting Person's termination..."
dividend payment financial
"Program Units were credited to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock."
FAQ
What insider transaction did BRINKS CO (BCO) report for EVP Guillermo Peschard?
BRINKS CO reported that EVP Guillermo Eduardo Peschard Mijares was credited with 2.11 Program Units. Each unit equals one common share under the Key Employees' Deferred Compensation Program, reflecting dividend equivalents rather than an open-market stock purchase.
What are Program Units in the BRINKS CO (BCO) deferred compensation plan?
Program Units are bookkeeping entries economically equivalent to one share of BRINKS CO common stock. They are credited to an executive’s stock incentive account and will later settle one-for-one in actual Brink's shares according to the executive’s deferral election terms.
Why did BRINKS CO (BCO) credit 2.11 Program Units to its EVP on June 1, 2026?
The company credited 2.11 Program Units to the EVP’s account as a result of a dividend payment on BRINKS CO common stock. The award reflects dividend equivalents calculated under the Key Employees' Deferred Compensation Program, not a discretionary stock market transaction.
At what price were the BRINKS CO (BCO) Program Units calculated for this Form 4?
The number of Program Units credited was based on a share price of $103.02, Brink's closing stock price on June 1, 2026. That closing price is used under the deferred compensation program’s terms to determine how many units result from the dividend.
When will the Program Units for BRINKS CO (BCO) EVP be converted into common stock?
The Program Units will be settled in BRINKS CO common stock on a one-for-one basis. Distribution will occur either after the EVP’s termination of employment or on a future date he previously selected in his deferral election under the program.
How many Program Units does the BRINKS CO (BCO) EVP hold after this transaction?
Following the credit of 2.11 additional Program Units, the EVP’s account reflects a total of 909.84 Program Units. Each unit represents the economic equivalent of one BRINKS CO common share and will ultimately settle in actual stock under the plan’s distribution rules.