Brinks (BCO) CEO logs 111,910-share award plus tax and deferral moves
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brinks Co President and CEO Richard M. Eubanks reported equity award and related share settlements. On February 18, 2026, he acquired 111,910 shares of common stock as a grant at $129.82 per share following certification of performance for Internal Metric Performance Share Units granted in February 2023.
To cover tax withholding on these IM PSUs, 34,094 common shares were disposed of through share withholding, and 26,932 common shares were exchanged with the company for an equal number of Program Units under Brinks’ deferred compensation program. After these transactions, he directly held 198,441 common shares and 41,944.9 Program Units that will settle in common stock in the future according to his deferral elections.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Eubanks Richard M.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Program Units | 26,932 | $0.00 | -- |
| Grant/Award | Common Stock | 111,910 | $129.82 | $14.53M |
| Tax Withholding | Common Stock | 34,094 | $129.82 | $4.43M |
| Disposition | Common Stock | 26,932 | $0.00 | -- |
Holdings After Transaction:
Program Units — 41,944.9 shares (Direct);
Common Stock — 232,535 shares (Direct)
Footnotes (1)
- Represents Internal Metric Performance Share Units ("IM PSUs") granted in February 2023, for which the performance periods ended December 31, 2025, and for which the performance criteria were certified as being satisfied on February 18, 2026. Includes Restricted Stock Units that have not yet vested. The Company withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's IM PSUs that settled on February 18, 2026. In connection with the award on February 18, 2026 of IM PSUs granted to the Reporting Person, the Reporting Person's receipt of 26,932 shares of BCO common stock was deferred, resulting in 26,932 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"). The Reporting Person is therefore reporting the disposition of 26,932 shares of BCO common stock in exchange for an equal number of Program Units. Program Units credited to the Reporting Person's stock incentive account under the terms of 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.
FAQ
What did Brinks (BCO) CEO Richard Eubanks report in this Form 4 filing?
Richard Eubanks reported a large equity award and related share settlements. He received 111,910 Brinks common shares as a grant and recorded associated tax withholding and deferral transactions, without any open-market purchases or sales disclosed in this filing.
What are Program Units in the Brinks (BCO) CEO’s Form 4 filing?
Program Units are deferred compensation units economically equivalent to one Brinks common share. Eubanks received 26,932 Program Units instead of immediate stock delivery; they will settle one-for-one in common stock after his employment ends or on a future date he previously elected.