Brink’s (NYSE: BCO) EVP & CLO credited 37.09 deferred stock units in Form 4
Rhea-AI Filing Summary
The Brink’s Company executive reports deferred stock-based compensation
A Brinks Co (BCO) executive vice president and chief legal officer reported a routine equity transaction dated 11/28/2025. The filing shows the crediting of 37.09 Program Units, listed as derivative securities tied to Brinks common stock, under the company’s Key Employees’ Deferral Compensation Program. Each Program Unit is the economic equivalent of one share of Brinks common stock and will settle one-for-one in common stock according to the executive’s prior deferral elections.
The number of Program Units credited on the transaction date was calculated using a BCO share price of $112.33, equal to the closing price on the final trading day of the relevant month. Following this transaction, the reporting person beneficially owns 74.57 derivative securities directly under the program.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 37.09 | $112.33 | $4K |
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' Deferral 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, on the last business day of each month, compensation deferred by the Reporting Person during that month and/or any matching amounts are converted into Program Units and credited to the Reporting Person's stock incentive account. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $112.33, which is the closing price of BCO common stock on the final trading day of the month in which the deferred compensation would have been payable, calculated in accordance with the terms of the Program.
FAQ
What insider transaction did Brink’s (BCO) report in this Form 4?
The filing reports that an executive vice president and chief legal officer received 37.09 Program Units on 11/28/2025 under The Brink’s Company Key Employees’ Deferral Compensation Program.
What are the Program Units mentioned for Brink’s (BCO) in this filing?
Program Units are derivative securities where each unit is the economic equivalent of one share of Brink’s common stock and will settle in common stock on a one-for-one basis.
When will the Brink’s (BCO) executive receive the common stock for these Program Units?
The Program Units will be distributed in Brink’s common stock either after the executive’s termination of employment or on a future date the executive selected at the time of the deferral election.
How was the number of Brink’s (BCO) Program Units determined in this transaction?
The 37.09 Program Units were based on a share price of $112.33, which was the closing price of Brink’s common stock on the final trading day of the month in which the deferred compensation would have been payable.
How many Brink’s (BCO) derivative securities does the executive own after this transaction?
After this transaction, the reporting person beneficially owns 74.57 derivative securities directly under the deferral compensation program.
Is this Brink’s (BCO) Form 4 a routine deferred compensation entry?
Yes. The filing describes monthly conversion of deferred compensation and any matching amounts into Program Units under a standing deferral compensation program.