Brink's director acquires 13.94 stock units
BCO director Michael J. Herling received additional DSAP Units credited from a dividend, increasing his deferred stock-based holdings.
Rhea-AI Filing Summary
BRINKS CO (symbol: BCO) is the issuer of record for a Form 4 filing submitted to the SEC. Herling Michael J reported acquisition or exercise transactions in this Form 4 filing.
BRINKS CO (BCO) director Michael J. Herling received a grant of 13.94 DSAP Units on September 1, 2026 under the Directors' Stock Accumulation Plan. Each DSAP Unit is the economic equivalent of one share of BCO common stock and will be distributed in common stock after his service as director ends.
These DSAP Units were credited as a result of a dividend on BCO common stock, based on the September 1, 2026 closing price of $110.02 per share. Following this credit, Herling holds a total of 6,029.92 DSAP Units directly, and no Rule 10b5-1 trading plan is reported for this transaction.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | DSAP Units F1, F2, F3 | 13.94 | $110.02 | $2K |
Footnotes (3)
- F1. Under the terms of the Directors' Stock Accumulation Plan, as amended and restated (the "DSAP"), the Reporting Person will be entitled to receive a distribution in The Brink's Company ("BCO") common stock with respect to all units (each of which is the economic equivalent of one share of BCO common stock) ("DSAP Units") in the Reporting Person's account on a one-for-one basis following the Reporting Person's termination of service as a director.
- F2. In accordance with the terms of the DSAP, DSAP Units were credited to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock.
- F3. The number of DSAP Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $110.02, which is the closing price of BCO common stock on September 1, 2026, in accordance with the terms of the DSAP.
Key Figures
Key Terms
Directors' Stock Accumulation Plan financial
DSAP Units financial
economic equivalent financial
Rule 10b5-1 regulatory
FAQ
What insider transaction did BCO director Michael J. Herling report on this Form 4?
How many DSAP Units does Michael J. Herling hold in BCO after this transaction?
What are DSAP Units in the context of BCO’s Directors' Stock Accumulation Plan?
Why were additional DSAP Units credited to the BCO director’s account?
What price was used to determine the number of BCO DSAP Units credited?
Was the BCO director’s DSAP Unit transaction made under a Rule 10b5-1 plan?
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