Brink’s EVP granted 60 Program Units in deferral plan
Peschard Mijares Guillermo Eduardo reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Peschard Mijares Guillermo Eduardo reported acquisition or exercise transactions in this Form 4 filing.
BRINKS CO executive Guillermo Eduardo Peschard Mijares received a grant of 60.210 Program Units tied to company common stock under a deferred compensation plan. These Program Units are economically equivalent to shares of Brink’s common stock and are credited to his stock incentive account.
The units were valued using a share price of $94.49, based on the closing price of Brink’s stock on the final trading day of the month. After this grant, his account reflects a total of 970.050 Program Units, which will settle in Brink’s common stock on a one-for-one basis according to his deferral elections.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 60.21 | $94.49 | $6K |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $94.49, 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.
Key Figures
Key Terms
Program Units financial
Key Employees' Deferral Compensation Program financial
deferred compensation financial
stock incentive account financial
FAQ
What did Brink’s (BCO) EVP Guillermo Peschard receive in this Form 4?
How are Brink’s (BCO) Program Units valued for Guillermo Peschard’s grant?
When will Guillermo Peschard’s Brink’s (BCO) Program Units be settled?
How many Brink’s (BCO) Program Units does Guillermo Peschard hold after this transaction?
How are deferred amounts converted into Brink’s (BCO) Program Units?
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