Brink's (BCO) CFO receives 13.3 Program Units tied to common stock value
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McMaken Kurt B reported acquisition or exercise transactions in this Form 4 filing.
The Brink's Company executive vice president and chief financial officer Kurt B. McMaken received a grant of 13.3 Program Units linked to Brink's common stock under a deferred compensation program. These units, economically equivalent to common shares, were credited as a result of a dividend payment and will settle in Brink's stock on a one-for-one basis at a future distribution date elected by McMaken or following his termination of employment, bringing his total Program Units to 5,434.31.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McMaken Kurt B
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 13.3 | $103.02 | $1K |
Holdings After Transaction:
Program Units — 5,434.31 shares (Direct, null)
Footnotes (1)
- 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' Deferred 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. In accordance with the terms of the Program, Program 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 Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $103.02, which was the closing price of BCO common stock on June 1, 2026, calculated in accordance with the terms of the Program.
Key Figures
Program Units granted: 13.3 units
Reference share price: $103.02 per share
Program Units after transaction: 5,434.31 units
+2 more
5 metrics
Program Units granted
13.3 units
Grant/award acquisition on June 1, 2026
Reference share price
$103.02 per share
Closing price of Brink's common stock on June 1, 2026
Program Units after transaction
5,434.31 units
Total Program Units credited to CFO following the grant
Underlying security
13.3 common shares equivalent
Each Program Unit equals one share of common stock
Exercise price
$0.00
Program Units settle in stock without an exercise price
Key Terms
Program Units, Key Employees' Deferred Compensation Program, deferral election, dividend payment
4 terms
Program Units financial
"Program Units (each of which is the economic equivalent of one share of The Brink's Company common stock)"
Key Employees' Deferred Compensation Program financial
"credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferred Compensation Program"
deferral election financial
"shall be distributed in accordance with the Reporting Person's deferral election"
dividend payment financial
"Program Units were credited to the Reporting Person's account as a result of a dividend payment"
FAQ
What insider transaction did Brink's (BCO) report for CFO Kurt B. McMaken?
Brink's reported that CFO Kurt B. McMaken received 13.3 Program Units under a deferred compensation program. Each unit is economically equivalent to one Brink's common share and was credited due to a dividend payment on the stock.
How many Brink's (BCO) Program Units does the CFO hold after this Form 4?
After this transaction, CFO Kurt B. McMaken holds 5,434.31 Program Units. These units mirror Brink's common stock value and will ultimately settle in shares according to his previously chosen deferral and distribution elections.
At what price were the Brink's (BCO) Program Units credited in this Form 4?
The 13.3 Program Units were credited based on a Brink's common stock closing price of $103.02 on June 1, 2026. This share price was used to calculate the number of units added under the deferred compensation program.
Why did Brink's (BCO) CFO receive additional Program Units on June 1, 2026?
Additional Program Units were credited to the CFO’s account because of a dividend payment on Brink's common stock. Under the Key Employees' Deferred Compensation Program, dividends generate equivalent units that track the value of Brink's shares over time.
When will the Brink's (BCO) Program Units granted to the CFO be paid out?
The Program Units will settle in Brink's common stock on a one-for-one basis. Distribution occurs either after the CFO’s termination of employment or on a future date he selected at the time of his deferral election under the program.