Brinks director granted 1,578 deferred stock units
BOYNTON PAUL G reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
BOYNTON PAUL G reported acquisition or exercise transactions in this Form 4 filing.
Brinks Co director Paul G. Boynton received a grant of 1,578 Deferred Stock Units (DSUs), each representing the right to one share of Brinks common stock at settlement. The award was granted at no cash cost under the company’s 2024 Equity Incentive Plan.
The DSUs vest on the earlier of the one-year anniversary of the grant date or the following year’s annual shareholders meeting, with a minimum vesting period of six months, and vesting accelerates upon a change in control. The units are forfeited if he ceases to serve on the board before vesting. After this grant, Boynton holds 42,898 DSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,578 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each DSU represents the right to receive, at settlement, one share of Company Common Stock.
- F2. Subject to the terms and conditions of the 2024 Equity Incentive Plan and a DSU Award Agreement (the "Award Agreement"), the Reporting Person has been granted DSUs that vest upon the earlier of: (1) the one year anniversary of the grant date; and (2) the following year's annual meeting of shareholders, but in any event the DSUs shall not have a vesting period of less than six months. The vesting accelerates upon a change in control of The Company. The DSUs will be settled in Company common stock on a one-for-one basis upon vesting. Pursuant to terms of the Award Agreement, the DSUs will be forfeited if the director ceases to serve as a member of the Board of Directors of the Company prior to the expiration of the vesting period.
Key Figures
Key Terms
Deferred Stock Units financial
2024 Equity Incentive Plan financial
DSU Award Agreement financial
change in control financial
vesting period financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Brinks (BCO) report for Paul G. Boynton?
How many Deferred Stock Units does Paul G. Boynton hold after this Brinks (BCO) Form 4?
What are the vesting terms of the new DSUs granted by Brinks (BCO)?
Under which plan were the new Brinks (BCO) DSUs granted to Paul G. Boynton?
What happens to Brinks (BCO) DSUs if the director leaves the board before vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.