Brinks director granted 1,578 deferred stock units
Tynan Timothy Joseph reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Tynan Timothy Joseph reported acquisition or exercise transactions in this Form 4 filing.
Brinks Co director Timothy Joseph Tynan received a grant of 1,578 Deferred Stock Units, each tied to one share of common stock. These DSUs vest on the earlier of one year from grant or the next annual shareholder meeting, with at least a six-month vesting period, and accelerate upon a change in control. If he leaves the board before vesting, the units are forfeited. After this award, he holds 11,507 DSUs directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,578 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each DSU represents the right to receive, at settlement, one share of Company Common Stock.
- F2. Subject to the terms and conditions of the 2024 Equity Incentive Plan and a DSU Award Agreement (the "Award Agreement"), the Reporting Person has been granted DSUs that vest upon the earlier of: (1) the one year anniversary of the grant date; and (2) the following year's annual meeting of shareholders, but in any event the DSUs shall not have a vesting period of less than six months. The vesting accelerates upon a change in control of The Company. The DSUs will be settled in Company common stock on a one-for-one basis upon vesting. Pursuant to terms of the Award Agreement, the DSUs will be forfeited if the director ceases to serve as a member of the Board of Directors of the Company prior to the expiration of the vesting period.
Key Figures
Key Terms
Deferred Stock Units financial
2024 Equity Incentive Plan financial
DSU Award Agreement financial
change in control financial
vesting period financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Brinks Co (BCO) report for Timothy Joseph Tynan?
How many Deferred Stock Units does Timothy Joseph Tynan hold after this Brinks Co grant?
When do the new Brinks Co Deferred Stock Units granted to Timothy Tynan vest?
What happens to Timothy Tynan’s Brinks Co Deferred Stock Units if he leaves the board?
How are Brinks Co Deferred Stock Units for Timothy Tynan settled upon vesting?
Do Timothy Tynan’s Brinks Co Deferred Stock Units have any change-in-control protection?
AI-generated analysis. How Rhea-AI works. Not financial advice.