Brink's EVP acquires 39.78 deferred stock units
Brink’s EVP & CLO received additional deferred stock-based compensation units tied one-for-one to BCO common shares.
Rhea-AI Filing Summary
BRINKS CO (BCO) reported that executive vice president and chief legal officer Kristen Williams Cook acquired 39.78 Program Units on August 31, 2026 under the Key Employees' Deferral Compensation Program. Each Program Unit is economically equivalent to one share of common stock and will settle one-for-one in BCO common stock at a future distribution date.
The units were credited based on a reference share price of $108.93, the closing price of BCO common stock on the final trading day of the month, bringing Cook's directly held Program Unit balance to 426.05 units. No Rule 10b5-1 trading plan is reported for this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 39.78 shares
Grant/Award
1 txn
Insider
Cook Kristen Williams
Role
EVP & CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units F1, F2, F3 | 39.78 | $108.93 | $4K |
Holdings After Transaction:
Program Units — 426.05 contracts (Direct)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $108.93, 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.
Key Figures
Program Units acquired: 39.78 units
Reference share price: $108.93 per share
Program Units after transaction: 426.05 units
3 metrics
Program Units acquired
39.78 units
Credited on August 31, 2026 under the Key Employees' Deferral Compensation Program
Reference share price
$108.93 per share
Closing price of BCO common stock used to convert deferred compensation into Program Units
Program Units after transaction
426.05 units
Total directly held Program Units following the August 31, 2026 acquisition
Key Terms
Program Units, Key Employees' Deferral Compensation Program, deferred compensation
3 terms
Program Units financial
"Program Units (each of which is the economic equivalent of one share"
Key Employees' Deferral Compensation Program financial
"under the terms of the Key Employees' Deferral Compensation Program"
deferred compensation financial
"compensation deferred by the Reporting Person during that month"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
FAQ
What did BCO executive Kristen Williams Cook report in this Form 4 for BRINKS CO (BCO)?
She reported an acquisition of 39.78 Program Units on August 31, 2026, credited to her stock incentive account under the Key Employees' Deferral Compensation Program, each unit economically equivalent to one share of Brink’s common stock and settling in stock on a deferred basis.
What are Program Units described in the BRINKS CO (BCO) Form 4?
Program Units are bookkeeping units, each economically equivalent to one share of BCO common stock. Under the Key Employees' Deferral Compensation Program, they will settle in BCO common stock on a one-for-one basis and be distributed according to the executive’s deferral election.
How many Program Units does Kristen Williams Cook hold after this BCO transaction?
After the August 31, 2026 crediting, Kristen Williams Cook holds a total of 426.05 Program Units directly under the Key Employees' Deferral Compensation Program, all of which are scheduled to settle in Brink’s common stock on a one-for-one basis at future distribution dates.
What price was used to determine the number of Program Units awarded in this BCO filing?
The $108.93 closing price of BCO common stock on the final trading day of the relevant month was used. Deferred compensation and any matching amounts for the month were converted into 39.78 Program Units based on this reference share price under the Program’s terms.
Is the Form 4 transaction for BCO tied to a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported in connection with this August 31, 2026 acquisition of Program Units; the units arise from routine monthly conversion of deferred compensation under the company’s Key Employees' Deferral Compensation Program.
When will the reported BCO Program Units be settled into common stock?
The Program Units will settle into BCO common stock on a one-for-one basis and be distributed either following Kristen Williams Cook’s termination of employment with Brink’s or on a future date she selected at the time of her deferral election, in line with Program terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
