Brinks director granted 158 deferred stock units
BOYNTON PAUL G reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
BOYNTON PAUL G reported acquisition or exercise transactions in this Form 4 filing.
BRINKS CO director Paul G. Boynton received a grant of 158 Plan Units under the company’s deferred directors’ fee plan. Each unit is economically equivalent to one share of Brink’s common stock and will settle in common shares on a one-for-one basis at a future distribution date.
The units reflect his election to take part of his quarterly Board and committee compensation in Brink’s stock and defer it under the Plan. The number of units granted was based on a Brink’s common stock closing price of $94.49, bringing his total Plan Units balance to 10,998.54.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Plan Units | 158 | $94.49 | $15K |
Footnotes (3)
- F1. 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 equity account under the Plan for Deferral of Directors' Fees (the "Plan") 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.
- F2. The reporting person has elected to receive shares of BCO common stock as part of his quarterly compensation for service on the Company's Board and Committees and has elected to defer those shares under the Plan.
- F3. The number of Units credited to the Reporting Person's equity account on the Transaction Date is based upon a share price of $94.49 which is the closing price of BCO common stock on the final trading day of the quarter, calculated in accordance with the terms of the Plan.
Key Figures
Key Terms
Plan Units financial
Plan for Deferral of Directors' Fees financial
deferral election financial
quarterly compensation financial
closing price financial
FAQ
What insider transaction did BRINKS CO (BCO) report for Paul G. Boynton?
Are the Plan Units granted to Paul G. Boynton equivalent to BRINKS CO (BCO) common stock?
How was the number of 158 Plan Units for BRINKS CO (BCO) calculated?
How many BRINKS CO (BCO) Plan Units does Paul G. Boynton hold after this transaction?
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