Brink's (NYSE: BCO) EVP receives 4.99 Program Units via dividend credit
Rhea-AI Filing Summary
The Brink's Company executive reports a small equity-related transaction under the company’s deferred compensation program. On December 1, 2025, the EVP and Chief Human Resources Officer received 4.99 Program Units, each economically equivalent to one share of Brink's common stock, credited to a stock incentive account. These units were added as a result of a dividend payment on Brink's common stock and are part of the Key Employees' Deferred Compensation Program.
The Program Units will ultimately be settled in Brink's common stock on a one-for-one basis and will be distributed either after the executive’s termination of employment or on a future date chosen at the time of deferral. Following this transaction, the reporting person beneficially owned 2,260.71 Program Units, held directly.
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FAQ
What did Brink's (BCO) disclose in this Form 4 filing?
The filing reports that the EVP and Chief Human Resources Officer of The Brink's Company received 4.99 Program Units on December 1, 2025 under the company’s Key Employees' Deferred Compensation Program.
How many Brink's Program Units does the executive own after this transaction?
After the reported transaction, the executive beneficially owned 2,260.71 Program Units, held in a stock incentive account under the deferred compensation program.
What are Brink's Program Units reported in the BCO Form 4?
Program Units are described as the economic equivalent of one share of Brink's common stock. They are credited to the executive’s deferred compensation account and will settle in Brink's common stock on a one-for-one basis.
Why were additional Brink's (BCO) Program Units credited on December 1, 2025?
The filing states that the 4.99 Program Units were credited in accordance with the program’s terms as a result of a dividend payment on Brink's common stock.
At what price were the new Brink's Program Units calculated in this Form 4?
The number of Program Units credited on the transaction date was based on a Brink's common stock closing price of $112.76 on December 1, 2025, as specified by the program’s calculation method.
When will the Brink's executive receive 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 selected by the executive at the time of the deferral election.