Brink's (BCO) EVP CFO adds 62.88 Program Units in deferred stock plan
Rhea-AI Filing Summary
The Brink's Company executive reports deferred stock unit grant. The company’s EVP and Chief Financial Officer converted deferred compensation into 62.88 Program Units on 12/31/2025 under the Key Employees’ Deferral Compensation Program. Each Program Unit is the economic equivalent of one share of Brink’s common stock and will ultimately be settled in common shares on a one-for-one basis.
The conversion for this transaction used a share price of $116.73, the closing price of Brink’s common stock on the final trading day of the month in which the deferred compensation would have been payable. Following this grant, the reporting person holds 4,433.55 Program Units directly. These units will be distributed in Brink’s common stock either after the executive’s termination of employment or on a future date chosen in the deferral election.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 62.88 | $116.73 | $7K |
Footnotes (1)
- 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. 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. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $116.73, 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.
FAQ
What insider transaction did Brink's Company (BCO) report in this filing?
The filing shows the EVP and Chief Financial Officer of The Brink's Company acquired 62.88 Program Units on 12/31/2025 through the Key Employees’ Deferral Compensation Program, representing deferred compensation credited in the form of stock-based units.
How many Brink's (BCO) Program Units does the executive own after this transaction?
After the reported transaction, the executive beneficially owns 4,433.55 Program Units directly, each tied to the value of one share of Brink’s common stock.
What are Program Units in Brink's Company (BCO) deferral plan?
Program Units are bookkeeping units under Brink’s Key Employees’ Deferral Compensation Program, each equal in value to one share of Brink’s common stock. They will settle in Brink’s common stock on a one-for-one basis when distributed.
How is the number of Brink's (BCO) Program Units calculated for deferred compensation?
The number of Program Units credited is based on the closing price of Brink’s common stock on the final trading day of the month when the deferred compensation would have been payable. For this transaction, the price used was $116.73 per share.
When will the Brink's (BCO) Program Units be paid out to the executive?
The Program Units will be distributed in Brink’s common stock either after the executive’s termination of employment or on a future date selected by the executive at the time of the deferral election, in line with plan terms.
What role does the reporting person hold at Brink's Company (BCO)?
The reporting person is an officer of The Brink’s Company, serving as EVP, Chief Financial Officer, as disclosed in the filing.