BRINKS CO (BCO) CFO receives 62.15 deferred Program Units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McMaken Kurt B reported acquisition or exercise transactions in this Form 4 filing.
BRINKS CO EVP and CFO Kurt B. McMaken reported a routine equity award. He received 62.15 Program Units, each economically equivalent to one share of Brink's common stock, credited to his stock incentive account under the Key Employees' Deferral Compensation Program.
The units were valued using a share price of $94.49, based on the closing price of Brink's stock on the final trading day of the month. Following this grant, McMaken holds 5,496.46 Program Units directly, which will ultimately settle in Brink's common stock in line with his deferral elections.
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 | 62.15 | $94.49 | $6K |
Holdings After Transaction:
Program Units — 5,496.46 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' Deferral 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, 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 $94.49, 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.
Key Figures
Program Units granted: 62.15 Program Units
Reference share price: $94.49 per share
Program Units after grant: 5,496.46 Program Units
3 metrics
Program Units granted
62.15 Program Units
Grant under Key Employees' Deferral Compensation Program on June 30, 2026
Reference share price
$94.49 per share
Closing price used to convert deferred compensation into Program Units
Program Units after grant
5,496.46 Program Units
Total direct holdings of Program Units following the reported transaction
Key Terms
Program Units, Key Employees' Deferral Compensation Program, deferred compensation, stock incentive account
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' Deferral Compensation Program financial
"credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferral Compensation Program"
deferred compensation financial
"compensation deferred by the Reporting Person during that month and/or any matching amounts are converted into Program Units"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
stock incentive account financial
"credited to the Reporting Person's stock incentive account under the terms of the Program"
FAQ
What did BRINKS CO (BCO) CFO Kurt McMaken report on this Form 4?
Kurt B. McMaken reported receiving 62.15 Program Units, each equal to one share of Brink's common stock. These units were credited to his stock incentive account as part of the Key Employees' Deferral Compensation Program for deferred compensation.
How many Program Units does the BRINKS CO CFO hold after this transaction?
After this grant, Kurt McMaken holds a total of 5,496.46 Program Units directly. These units represent deferred compensation and will ultimately settle in Brink's common stock according to his distribution elections under the Key Employees' Deferral Compensation Program.
How was the number of Program Units for the BRINKS CO CFO calculated?
The 62.15 Program Units were based on a share price of $94.49, the closing price of Brink's common stock on the final trading day of the month. Deferred compensation and any matching amounts are converted into units at that price under the Program.
What is a Program Unit in BRINKS CO's Key Employees' Deferral Compensation Program?
A Program Unit is the economic equivalent of one share of Brink's common stock credited to a participant's stock incentive account. These units will settle one-for-one in Brink's common stock and be distributed after employment termination or on a future date chosen at deferral election.
When will the BRINKS CO CFO receive common stock for these Program Units?
The Program Units will settle in Brink's common stock on a one-for-one basis. Distribution will occur either after Kurt McMaken’s termination of employment with Brink's or on a future date he selected when making his deferral election under the Program.