BCO Form 4: Director Adds 159 Deferred Units, Ownership 10,327.71
Rhea-AI Filing Summary
The reporting person, Paul G. Boynton, a director of The Brink's Company (BCO), received 159 plan units credited under the Plan for Deferral of Directors' Fees on 10/01/2025. Each unit converts one-for-one into BCO common stock and was valued using the closing price of $116.86 on the final trading day of the quarter, per the Plan terms. After the transaction the reporting person beneficially owned 10,327.71 shares (direct). The units were elected as deferred quarterly compensation and will be distributed either after the director leaves the board or on a future date selected in the deferral election.
Positive
- 159 units credited under the director deferral Plan on 10/01/2025
- Units convert one‑for‑one into BCO common stock, preserving economic exposure
- Reporting person’s direct beneficial ownership increased to 10,327.71 shares
Negative
- None.
Insights
Director deferred compensation recorded: 159 units at $116.86.
The Form 4 discloses a routine non‑derivative acquisition under the company's director fee deferral plan on 10/01/2025. The units are the economic equivalent of common stock and will settle one‑for‑one into shares per the Plan.
This action reflects a governance choice to take compensation as equity rather than cash, modestly increasing the director's direct beneficial ownership to 10,327.71 shares. There is no indication of stock sales or options exercised in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Plan Units | 159 | $116.86 | $19K |
Footnotes (1)
- 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 equity account under the Plan for Deferral of Directors' Fees (the "Plan") 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 service from the Board of Directors or (2) on a future date selected by the Reporting Person at the time of his or her deferral election. The reporting person has elected to receive shares of BCO common stock as part of his quarterly compensation for service on the Company's Board and Committees and has elected to defer those shares under the Plan. The number of Units credited to the Reporting Person's equity account on the Transaction Date is based upon a share price of $116.86, which is the closing price of BCO common stock on the final trading day of the quarter, calculated in accordance with the terms of the Plan.