Brink’s EVP credited 40.59 stock-linked Program Units
Cook Kristen Williams reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Cook Kristen Williams reported acquisition or exercise transactions in this Form 4 filing.
The Brink's Company executive Kristen Williams Cook, EVP & CLO, received a compensation-related award tied to company stock. On the reported date, she was credited with 40.59 Program Units, each economically equivalent to one share of Brink's common stock, under the Key Employees' Deferral Compensation Program.
These Program Units are based on a share price of $106.75, the closing price of Brink's stock on the final trading day of the relevant month. Her total balance in this program increased to 261.52 Program Units, which will ultimately settle in Brink's common stock on a one-for-one basis according to her deferral election, either after employment ends or on a future chosen date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 40.59 | $106.75 | $4K |
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 $106.75, 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
stock incentive account financial
deferred compensation financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Brink's (BCO) EVP & CLO Kristen Williams Cook report in this Form 4?
What are Program Units in the Brink's (BCO) Key Employees' Deferral Compensation Program?
How and when will Brink's (BCO) Program Units held by Kristen Williams Cook be settled?
How are Brink's (BCO) Program Units credited to executives under the deferral program?
What is Kristen Williams Cook’s total balance of Brink's (BCO) Program Units after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.