Brinks (NYSE: BCO) director receives 158 deferred stock units as fees
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BOYNTON PAUL G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Plan Units | 158 | $94.49 | $15K |
Holdings After Transaction:
Plan Units — 10,998.54 shares (Direct, null)
Footnotes (1)
- 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. 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. 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
Plan Units granted: 158 Plan Units
Reference share price: $94.49 per share
Plan Units after transaction: 10,998.54 Plan Units
+2 more
5 metrics
Plan Units granted
158 Plan Units
Grant/award acquisition on 2026-07-01
Reference share price
$94.49 per share
Closing price used to calculate Plan Units
Plan Units after transaction
10,998.54 Plan Units
Total equity account balance following grant
Underlying security
158 common shares
Each Plan Unit equivalent to one Brink’s common share
Exercise price
$0.00
Plan Units credited with no conversion price
Key Terms
Plan Units, Plan for Deferral of Directors' Fees, deferral election, quarterly compensation, +1 more
5 terms
Plan Units financial
"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"
Plan for Deferral of Directors' Fees financial
"credited to the Reporting Person's equity account under the Plan for Deferral of Directors' Fees (the "Plan")"
deferral election financial
"shall be distributed in accordance with the Reporting Person's deferral election either (1) following the Reporting Person's termination of service"
quarterly compensation financial
"elected to receive shares of BCO common stock as part of his quarterly compensation for service on the Company's Board and Committees"
closing price financial
"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"
FAQ
What insider transaction did BRINKS CO (BCO) report for Paul G. Boynton?
BRINKS CO reported that director Paul G. Boynton received a grant of 158 Plan Units as part of his quarterly Board and committee compensation, deferred under the company’s Plan for Deferral of Directors’ Fees, with each unit tied to Brink’s common stock.
Are the Plan Units granted to Paul G. Boynton equivalent to BRINKS CO (BCO) common stock?
Yes. Each Plan Unit is the economic equivalent of one share of BRINKS CO common stock and will settle on a one-for-one basis in common shares when distributed, according to the terms of the directors’ fee deferral plan.
How was the number of 158 Plan Units for BRINKS CO (BCO) calculated?
The 158 Plan Units were based on a BRINKS CO common stock share price of $94.49, which was the closing price on the final trading day of the quarter, consistent with the calculation method in the directors’ fee deferral plan.
How many BRINKS CO (BCO) Plan Units does Paul G. Boynton hold after this transaction?
Following the grant of 158 Plan Units, Paul G. Boynton holds a total of 10,998.54 Plan Units in his equity account, all tied to BRINKS CO common stock under the Plan for Deferral of Directors’ Fees.