Brink's (NYSE: BCO) director receives 153-share stock grant as board pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clough Ian D reported acquisition or exercise transactions in this Form 4 filing.
BRINKS CO director Ian D. Clough received a grant of 153 shares of Common Stock as part of his quarterly compensation for serving on the company’s Board and Committees. The shares were awarded at no cash cost per share. Following this award, he directly holds 29,139 shares of BRINKS CO common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Clough Ian D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 153 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,139 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 153 shares
Grant price: $0.00 per share
Shares held after grant: 29,139 shares
3 metrics
Shares granted
153 shares
Equity grant as quarterly Board and Committee compensation
Grant price
$0.00 per share
Reported transaction price for the 153-share award
Shares held after grant
29,139 shares
Total direct BRINKS CO Common Stock held by Ian D. Clough after transaction
Key Terms
Grant, award, or other acquisition, Common Stock, quarterly compensation
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
quarterly compensation financial
"common stock as part of his quarterly compensation for service"
FAQ
What insider transaction did BCO director Ian D. Clough report?
Ian D. Clough reported receiving 153 shares of BRINKS CO Common Stock. The shares were granted as part of his quarterly compensation for serving on the Board and its Committees, representing a routine, compensation-related equity award rather than an open-market purchase or sale.
What does the Form 4 footnote reveal about the BCO stock grant?
The footnote explains that Ian D. Clough elected to receive BRINKS CO common shares as part of his quarterly Board and Committee compensation. This clarifies the transaction is a routine equity compensation choice by a director, not a discretionary market trade involving cash consideration.
What transaction code describes Ian D. Clough’s BCO stock award?
The transaction uses code “A,” indicating a grant, award, or other acquisition of non-derivative Common Stock. This code confirms the 153 BRINKS CO shares were received as a compensation-related equity award, not bought or sold in the open market by the director.