Brink's (NYSE: BCO) CEO reports RSU tax and deferred stock transactions
Rhea-AI Filing Summary
Brink's Company President and CEO Richard M. Eubanks reported several compensation-related equity transactions tied to vested restricted stock units and deferred compensation. On March 1, 2026, 2,105 shares of common stock were disposed of at $116.77 per share to satisfy tax withholding on vested RSUs, and 566 common shares were exchanged in an issuer disposition for 566 Program Units under the Key Employees' Deferred Compensation Program.
Following these moves, he held 168,838 shares of common stock directly. In a related step, 74.93 additional Program Units were acquired on February 27, 2026, based on a share price of $116.77, as part of his ongoing deferred compensation elections. Program Units, which totaled 42,510.9 after these transactions and include unvested RSUs, are economically equivalent to Brink's common stock and will settle in shares at future distribution dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Program Units | 566 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,105 | $116.77 | $246K |
| Disposition | Common Stock | 566 | $0.00 | -- |
| Grant/Award | Program Units | 74.93 | $116.77 | $9K |
Footnotes (1)
- The Brink's Company ("BCO") withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units ("RSUs") that vested on March 1, 2026. Includes RSU that have not yet vested. In connection with the vesting on March 1, 2026 of RSUs previously granted to the Reporting Person, the Reporting Person's receipt of 566 shares of BCO common stock was deferred, resulting in 566 Program Units (each of which is the economic equivalent of one share of BCO common stock) credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferred Compensation Program (the "Program"). The Reporting Person is therefore reporting the disposition of 566 shares of BCO common stock in exchange for an equal number of Program Units. Program Units credited to the Reporting Person's stock incentive account under the terms of 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, on the last business day of each month, compensation deferred by the Reporting Person during that month and/or any matching amounts are converted into Program Units and credited to the Reporting Person's stock incentive account. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $116.77, which is the closing price of BCO common stock on the final trading day of the month in which the deferred compensation would have been payable, calculated in accordance with the terms of the Program.