Director Wyche converts Brinks (BCO) DSUs into 1,844 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brinks Co director Keith R. Wyche reported equity compensation activity involving Deferred Stock Units (DSUs). On April 28, 2026, 1,844 DSUs vested and converted into 1,844 shares of Brinks common stock, bringing his direct common stock holdings to 5,526 shares.
On the same date, Wyche also received a new grant of 1,578 DSUs under the 2024 Equity Incentive Plan. Each DSU represents the right to receive one share of common stock upon vesting, with vesting tied to continued board service and accelerating upon a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,844 shares exercised/converted
Mixed
3 txns
Insider
Wyche Keith R
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 — 5,526 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: 1,844 units
New DSU grant: 1,578 units
Shares held after transaction: 5,526 shares
+1 more
4 metrics
DSUs converted
1,844 units
Converted into 1,844 Brinks common shares on April 28, 2026
New DSU grant
1,578 units
Deferred Stock Units granted under 2024 Equity Incentive Plan
Shares held after transaction
5,526 shares
Direct Brinks common stock holdings following DSU conversion
Derivative exercises
1,844 shares
Exercise/conversion of derivative securities per transaction summary
Key Terms
Deferred Stock Units, Equity Incentive Plan, change in control, vesting period
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.
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.
vesting period financial
"the DSUs will be forfeited if the director ceases to serve ... prior to the expiration of the vesting period."
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
