Brink's (NYSE: BCO) EVP & CLO adds 32.8 deferred stock units via plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
The Brink's Company executive Kristen Williams Cook, EVP & CLO, received 32.8 Program Units on January 30, 2026 under a deferred compensation plan. These units are the economic equivalent of Brink's common stock and are credited monthly based on deferred compensation and any matching amounts.
Each Program Unit will settle one-for-one in Brink's common shares according to her deferral election, either after her employment ends or on a future chosen date. Following this award, she beneficially owns 143.14 Program Units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cook Kristen Williams
Role
EVP & CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 32.8 | $127.04 | $4K |
Holdings After Transaction:
Program Units — 143.14 shares (Direct)
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 $127.04, 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.
FAQ
What insider transaction did Brink's (BCO) report for EVP & CLO Kristen Williams Cook?
Brink's reported that EVP & CLO Kristen Williams Cook acquired 32.8 Program Units on January 30, 2026. These derivative units track Brink's common stock value and were credited to her deferred compensation account under the Key Employees’ Deferral Compensation Program.
What are Brink's (BCO) Program Units mentioned in this Form 4 filing?
Program Units are derivative awards economically equivalent to one share of Brink's common stock. They are credited to a stock incentive account under a deferral program and later settle one-for-one in Brink's shares according to the executive’s elected distribution schedule.
How many Brink's (BCO) Program Units does the executive own after this transaction?
After the January 30, 2026 transaction, EVP & CLO Kristen Williams Cook beneficially owns 143.14 Program Units. These units represent deferred compensation tied to Brink’s stock and are held directly in her stock incentive account under the deferral program.
How is the number of Brink's (BCO) Program Units calculated in this award?
The 32.8 Program Units were calculated using a share price of $127.04, the closing price of Brink’s common stock on the final trading day of the relevant month. Deferred compensation and any matching amounts are converted into units at that price.
When will the Brink's (BCO) Program Units be settled into common stock?
The Program Units will settle in Brink’s common stock on a one-for-one basis. Distribution occurs either after the executive’s termination of employment or on a specific future date she selected when making her deferral election under the program.
Is this Brink's (BCO) Form 4 transaction a routine deferred compensation event?
Yes. The filing explains that, under the deferral program, deferred compensation and any matching amounts are converted into Program Units on the last business day of each month, making this a routine monthly crediting of deferred compensation rather than an open-market stock purchase or sale.