Brink's EVP acquires 49.73 Program Units
BRINKS CO (symbol: BCO) is the issuer of record for a Form 4 filing submitted to the SEC.
Rhea-AI Filing Summary
BRINKS CO (symbol: BCO) is the issuer of record for a Form 4 filing submitted to the SEC. Button Adrian reported acquisition or exercise transactions in this Form 4 filing.
BRINKS CO (BCO) reported that executive vice president Adrian Button received a grant of 49.73 Program Units on August 31, 2026 under The Brink's Company Key Employees' Deferral Compensation Program. Each Program Unit is the economic equivalent of one share of common stock and will settle one-for-one in BCO common stock according to his deferral election, bringing his total Program Units to 255.73.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 49.73 shares
Grant/Award
1 txn
Insider
Button Adrian
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units F1, F2, F3 | 49.73 | $108.93 | $5K |
Holdings After Transaction:
Program Units — 255.73 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 granted: 49.73 units
Reference share price: $108.93 per share
Total Program Units after grant: 255.73 units
+1 more
4 metrics
Program Units granted
49.73 units
Grant to EVP Adrian Button on August 31, 2026
Reference share price
$108.93 per share
Closing price used to convert deferred compensation into Program Units
Total Program Units after grant
255.73 units
Total Program Units credited to the executive’s account following this transaction
Underlying common stock
49.73 shares
Each Program Unit is economically equivalent to one share of BCO common stock
Key Terms
Program Units, Key Employees' Deferral Compensation Program, deferred compensation, stock incentive account
4 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.
stock incentive account financial
"credited to the Reporting Person's stock incentive account"
FAQ
What insider transaction did BCO disclose for Adrian Button on August 31, 2026?
BCO disclosed that EVP Adrian Button was credited with 49.73 Program Units on August 31, 2026 under the Key Employees' Deferral Compensation Program, increasing his total Program Units to 255.73, each economically equivalent to one share of Brink’s common stock.
What are Program Units in the BCO Form 4 filing?
Program Units are awards under Brink’s Key Employees' Deferral Compensation Program, each being the economic equivalent of one share of BCO common stock. They will settle on a one-for-one basis in BCO common stock at the time specified in the executive’s deferral election.
How is the number of BCO Program Units determined each month?
On the last business day of each month, the executive’s deferred compensation and any matching amounts are converted into Program Units using the closing price of BCO common stock on the final trading day of that month, as specified in the Program’s terms.
When will the BCO Program Units be paid out to the executive?
The Program Units will settle in BCO common stock and be distributed either following the executive’s termination of employment or on a future date chosen by the executive at the time of the deferral election, in accordance with the Program’s terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.