Brink's (NYSE: BCO) CEO receives 19,169 RSU shares and Program Units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eubanks Richard M. reported acquisition or exercise transactions in this Form 4 filing.
Brink's Company President and CEO Richard M. Eubanks reported equity awards that increase his direct holdings. He was granted 19,169 shares of common stock in the form of restricted stock units, each representing one share and vesting in three annual installments beginning in March 2027 under the 2024 Equity Incentive Plan. He was also credited 30.410 Program Units, each economically equivalent to one Brink's share, in his deferred compensation account based on a share price of $125.85, reflecting dividend-equivalent credits that will settle in Brink's common stock at a future date in line with his deferral elections.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Eubanks Richard M.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 30.41 | $125.85 | $4K |
| Grant/Award | Common Stock | 19,169 | $0.00 | -- |
Holdings After Transaction:
Program Units — 42,616.24 shares (Direct);
Common Stock — 188,007 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a right to receive, subject to the terms and conditions of the 2024 Equity Incentive Plan and an RSU Award Agreement, one share of The Brink's Company ("BCO") common stock subject to vesting in three annual installments, beginning in March 2027. Includes RSUs that have not yet vested. Program Units (each of which is the economic equivalent of one share of BCO common stock) credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferred 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, Program Units were credited to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $125.85, which was the closing price of BCO common stock on March 2, 2026, calculated in accordance with the terms of the Program.
FAQ
What insider transaction did Brink's (BCO) CEO Richard Eubanks report?
Richard M. Eubanks reported equity awards, not open-market trades. He received 19,169 Brink's common shares via restricted stock units plus 30.410 Program Units credited to his deferred compensation account, both increasing his direct economic exposure to Brink's stock.
What are the vesting terms for Richard Eubanks’ Brink's (BCO) restricted stock units?
Each restricted stock unit vests in three annual installments beginning in March 2027. Every vested unit represents the right to receive one share of Brink's common stock, aligning a portion of the CEO’s compensation with long-term company performance.
What are the Program Units reported by Brink's (BCO) CEO in the Form 4?
Program Units are bookkeeping entries in a deferred compensation plan, each economically equivalent to one Brink's share. They will settle in Brink's common stock on a one-for-one basis, distributed after employment termination or on a future date elected by the CEO.
How many Program Units did Brink's (BCO) CEO receive and at what reference price?
Richard Eubanks was credited with 30.410 Program Units. The number was based on a share price of $125.85, which was Brink's closing common stock price on March 2, 2026, and reflects dividend-related credits under the deferred compensation program.
Were the Brink's (BCO) CEO’s Program Units linked to dividends?
Yes. Program Units were credited to the CEO’s account as a result of a dividend payment on Brink's common stock. This mechanism grants dividend-equivalent units that mirror the economic impact of dividends on actual Brink's shareholdings within the deferred compensation plan.