Brink's director exercises 1,844 DSUs into shares
Brink's Company director Susan E. Docherty increased her equity-based holdings through routine compensation-related transactions.
Rhea-AI Filing Summary
Brink's Company director Susan E. Docherty increased her equity-based holdings through routine compensation-related transactions. She converted 1,844 Deferred Stock Units (DSUs) into an equal number of shares of Common Stock, bringing her direct Common Stock ownership to 20,378 shares.
Docherty also received a new grant of 1,578 DSUs, each representing the right to receive one share of Common Stock at settlement. According to the award terms under the 2024 Equity Incentive Plan, these DSUs vest after roughly one year or at the next annual shareholder meeting, and vesting accelerates upon a change in control if she is still serving as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,844 shares exercised/converted
Exercise
3 txns
Insider
Docherty Susan E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Units | 1,844 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Units | 1,578 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,844 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 1,578 contracts (Direct);
Common Stock — 20,378 shares (Direct)
Footnotes (4)
- F1. Represents the conversion upon vesting of Deferred Stock Units ("DSUs") into The Brink's Company (the "Company") Common Stock.
- F2. Each DSU represents the right to receive, at settlement, one share of Company Common Stock.
- F3. This DSU award was granted on May 8, 2025 and vested in full on April 28, 2026.
- F4. Subject to the terms and conditions of the 2024 Equity Incentive Plan and a DSU Award Agreement (the "Award Agreement"), the Reporting Person has been granted DSUs that vest upon the earlier of: (1) the one year anniversary of the grant date; and (2) the following year's annual meeting of shareholders, but in any event the DSUs shall not have a vesting period of less than six months. The vesting accelerates upon a change in control of The Company. The DSUs will be settled in Company common stock on a one-for-one basis upon vesting. Pursuant to terms of the Award Agreement, the DSUs will be forfeited if the director ceases to serve as a member of the Board of Directors of the Company prior to the expiration of the vesting period.
Key Figures
Common shares from DSU conversion: 1,844 shares
Common Stock held after transaction: 20,378 shares
New DSU award: 1,578 Deferred Stock Units
+2 more
5 metrics
Common shares from DSU conversion
1,844 shares
Converted from Deferred Stock Units on April 28, 2026
Common Stock held after transaction
20,378 shares
Direct ownership following DSU conversion
New DSU award
1,578 Deferred Stock Units
Grant reported on April 28, 2026
Underlying shares for new DSUs
1,578 Common Stock shares
Each DSU settles into one Common Stock share
Derivative exercises in filing
1,844 shares
exerciseShares reported in transaction summary
Key Terms
Deferred Stock Units, Equity Incentive Plan, change in control, vesting period, +1 more
5 terms
Deferred Stock Units financial
"Represents the conversion upon vesting of Deferred Stock Units ("DSUs") into The Brink's Company Common Stock."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Equity Incentive Plan financial
"Subject to the terms and conditions of the 2024 Equity Incentive Plan and a DSU Award Agreement..."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
change in control financial
"The vesting accelerates upon a change in control of The Company."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
vesting period financial
"...the DSUs shall not have a vesting period of less than six months."
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
Award Agreement financial
"...subject to the terms and conditions of the 2024 Equity Incentive Plan and a DSU Award Agreement..."
An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Brink's (BCO) director Susan Docherty report?
Susan Docherty reported compensation-related equity activity, not open-market trades. She converted 1,844 Deferred Stock Units into 1,844 Common Stock shares and received a new grant of 1,578 Deferred Stock Units, all held directly as part of her director compensation.
What are Deferred Stock Units in the Brink's (BCO) Form 4 filing?
Deferred Stock Units, or DSUs, are equity awards where each unit represents the right to receive one share of Brink's Common Stock at settlement. In this filing, DSUs were both granted (1,578 units) and converted into 1,844 shares after vesting.
When did Susan Docherty’s Brink's (BCO) DSU award vest?
The filing notes a DSU award that was granted on May 8, 2025 and vested in full on April 28, 2026. Upon vesting, 1,844 Deferred Stock Units converted into an equal number of Brink's Common Stock shares, increasing her direct share ownership.
What conditions govern Susan Docherty’s Brink's (BCO) DSU awards?
Docherty’s DSUs are granted under the 2024 Equity Incentive Plan. They generally vest after about a year or at the next annual shareholder meeting, may accelerate upon a change in control, and are forfeited if she ceases serving as a director before vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
