Brink's (NYSE: BCO) director adds 1,844 shares through DSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brink's Company director Ian D. Clough increased his equity stake through routine deferred stock unit activity. On April 28, 2026, 1,844 Deferred Stock Units (DSUs) vested and were converted into an equal number of Brink's common shares, raising his direct common stock holdings to 30,983 shares. On the same date, he received a new grant of 1,578 DSUs under the 2024 Equity Incentive Plan, each representing a right to one share of common stock upon future vesting, generally tied to one year of board service or the next annual shareholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,844 shares exercised/converted
Mixed
3 txns
Insider
Clough Ian D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Units | 1,844 | $0.00 | -- |
| Grant/Award | Deferred Stock Units | 1,578 | $0.00 | -- |
| Exercise | Common Stock | 1,844 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 0 shares (Direct, null);
Common Stock — 30,983 shares (Direct, null)
Footnotes (1)
- Represents the conversion upon vesting of Deferred Stock Units ("DSUs") into The Brink's Company (the "Company") Common Stock. Each DSU represents the right to receive, at settlement, one share of Company Common Stock. This DSU award was granted on May 8, 2025 and vested in full on April 28, 2026. Subject to the terms and conditions of the 2024 Equity Incentive Plan and a DSU Award Agreement (the "Award Agreement"), the Reporting Person has been granted DSUs that vest upon the earlier of: (1) the one year anniversary of the grant date; and (2) the following year's annual meeting of shareholders, but in any event the DSUs shall not have a vesting period of less than six months. The vesting accelerates upon a change in control of The Company. The DSUs will be settled in Company common stock on a one-for-one basis upon vesting. Pursuant to terms of the Award Agreement, the DSUs will be forfeited if the director ceases to serve as a member of the Board of Directors of the Company prior to the expiration of the vesting period.
Key Figures
DSUs converted to common stock: 1,844 shares
New DSU award: 1,578 DSUs
Common shares held after transaction: 30,983 shares
+2 more
5 metrics
DSUs converted to common stock
1,844 shares
Deferred Stock Units vested and converted on April 28, 2026
New DSU award
1,578 DSUs
Granted under 2024 Equity Incentive Plan, each for one share
Common shares held after transaction
30,983 shares
Direct Brink's common stock ownership following DSU conversion
Underlying common shares for new DSUs
1,578 shares
Each DSU will settle into one Brink's common share upon vesting
Acquire-type transactions
3 transactions
All reported as acquisitions or exercises, no sales reported
Key Terms
Deferred Stock Units, Equity Incentive Plan, vesting, change in control
4 terms
Deferred Stock Units financial
"Represents the conversion upon vesting of Deferred Stock Units ("DSUs") into The Brink's Company Common Stock."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Equity Incentive Plan financial
"Subject to the terms and conditions of the 2024 Equity Incentive Plan and a DSU Award Agreement..."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vesting financial
"This DSU award was granted on May 8, 2025 and vested in full on April 28, 2026."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
change in control financial
"The vesting accelerates upon a change in control of The Company."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What insider transaction did Brink's (BCO) director Ian D. Clough report?
Ian D. Clough reported equity compensation activity, not an open-market trade. 1,844 Deferred Stock Units vested and converted into Brink's common stock, and he received a new award of 1,578 DSUs tied to continued board service under the 2024 Equity Incentive Plan.
What are Deferred Stock Units (DSUs) in the Brink's (BCO) Form 4 filing?
Deferred Stock Units are equity awards that convert into common shares at settlement. Each Brink's DSU represents the right to receive one share of common stock when vesting conditions are met, typically based on board service duration and subject to the company’s 2024 Equity Incentive Plan terms.
What new equity award did Ian D. Clough receive from Brink's (BCO)?
He received a grant of 1,578 Deferred Stock Units. These DSUs vest upon the earlier of one year from the May 8, 2025 grant date or the following annual shareholder meeting, and are settled one-for-one in Brink's common stock if he continues serving as a director.