Brink's (BCO) director Tynan credited 22.51 Plan Units tied to stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brink's Company director Timothy Joseph Tynan reported an acquisition of deferred compensation tied to company stock. On June 1, he was credited with 22.51 Plan Units, each economically equivalent to one share of Brink's common stock, based on a $103.02 closing share price. These units were added under the company’s Plan for Deferral of Directors' Fees as dividend equivalents, bringing his total to 2,362.33 Plan Units. The units will eventually settle one-for-one in Brink's common stock, either after he leaves the board or on a future date he previously elected.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tynan Timothy Joseph
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Plan Units | 22.51 | $103.02 | $2K |
Holdings After Transaction:
Plan Units — 2,362.33 shares (Direct, null)
Footnotes (1)
- Under the terms of the Plan for Deferral of Directors' Fees, as amended and restated (the "Plan"), units (each of which is the economic equivalent of one share of The Brink's Company ("BCO") common stock) ("Plan Units") credited to the Reporting Person's equity account 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 service from the Board of Directors or (2) on a future date selected by the Reporting Person at the time of his or her deferral election. In accordance with the terms of the Plan, Plan Units were credited to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock. The number of Plan Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $103.02, which is the closing price of BCO common stock on June 1, 2026, calculated in accordance with the terms of the Plan.
Key Figures
Plan Units granted: 22.51 Plan Units
Reference share price: $103.02 per share
Total Plan Units after transaction: 2,362.33 Plan Units
+3 more
6 metrics
Plan Units granted
22.51 Plan Units
Credited on June 1, 2026 as dividend equivalents
Reference share price
$103.02 per share
Closing price of Brink's common stock on June 1, 2026
Total Plan Units after transaction
2,362.33 Plan Units
Director’s balance following the June 1, 2026 credit
Underlying security
22.51 common shares equivalent
Each Plan Unit equals one Brink's common share economically
Transaction code
A
Grant, award, or other acquisition of derivative units
Conversion price
$0.00
Plan Units settle one-for-one into common stock under plan terms
Key Terms
Plan Units, Plan for Deferral of Directors' Fees, deferral election, dividend payment, +1 more
5 terms
Plan Units financial
"units (each of which is the economic equivalent of one share of The Brink's Company common stock) ("Plan Units") credited to the Reporting Person's equity account"
Plan for Deferral of Directors' Fees financial
"Under the terms of the Plan for Deferral of Directors' Fees, as amended and restated (the "Plan"), units..."
deferral election financial
"shall be distributed in accordance with the Reporting Person's deferral election either (1) following the Reporting Person's termination..."
dividend payment financial
"Plan Units were credited to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock."
economic equivalent financial
"units (each of which is the economic equivalent of one share of The Brink's Company common stock)"
FAQ
What insider transaction did Brink's (BCO) director Timothy Tynan report?
Director Timothy Joseph Tynan reported an acquisition of 22.51 Plan Units, derivative awards under Brink's deferred directors’ fee plan. These units are economically equivalent to Brink's common shares and increase his total deferred balance rather than reflecting an open-market stock purchase or sale.
How many Brink's (BCO) Plan Units does Timothy Tynan hold after this Form 4?
After the June 1 transaction, Timothy Tynan holds 2,362.33 Plan Units. Each Plan Unit represents the economic equivalent of one Brink's common share and is scheduled to settle in actual stock under the timing rules of the company’s director deferral plan.
What are Brink's (BCO) Plan Units mentioned in Timothy Tynan’s Form 4?
Plan Units are bookkeeping units under Brink's Plan for Deferral of Directors' Fees, each equal in value to one Brink's common share. They settle one-for-one into common stock, either after a director leaves the board or on a future date chosen in a prior deferral election.
How was the number of Brink's (BCO) Plan Units for this transaction calculated?
The 22.51 Plan Units were credited based on a Brink's common stock closing price of $103.02 on June 1, 2026. Under the plan, dividend payments on Brink's stock generate additional Plan Units using the stock’s closing price on the relevant date.
Why did Brink's (BCO) credit additional Plan Units to Timothy Tynan?
The Plan Units were credited as a result of a dividend payment on Brink's common stock. Under the director deferral plan, when dividends are paid, directors’ deferred equity accounts receive additional Plan Units, maintaining economic equivalence with owning Brink's shares directly.