[Form 4] The Brink's Company Insider Trading Activity

Rhea-AI Filing Summary

The Brink's Company (BCO) director Paul G. Boynton was credited with additional deferred stock units due to dividend accruals under director compensation plans. On 09/02/2025, 10,168.71 Plan Units were credited to his account under the Plan for Deferral of Directors' Fees and 4,861.72 DSAP Units were credited under the Directors' Stock Accumulation Plan. Each unit is the economic equivalent of one share and will settle in BCO common stock on a one-for-one basis upon distribution according to the director's deferral elections. The unit credits were calculated using BCO's closing share price of $113.33 on the transaction date and resulted from dividend payments. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/04/2025.

Positive

• Director compensation credited via Plan Units and DSAP Units, which aligns director economic interests with shareholders
• Credits resulted from dividend accruals, indicating the company is paying dividends and reinvesting under plan mechanics
• Transaction values are explicitly reported: 10,168.71 Plan Units and 4,861.72 DSAP Units calculated at $113.33 per share

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received dividend-based deferred stock units, a routine non-cash compensation event with governance and alignment implications.

The reported transaction documents the crediting of deferred equity units to a director under established compensation plans rather than an open-market purchase or sale. These units convert to common stock one-for-one upon distribution events tied to termination or a preselected date, preserving alignment between the director's economic interest and shareholder value. The use of dividend reinvestment-style crediting and calculation at the closing price is consistent with standard plan mechanics and does not change board composition or immediate share count outstanding.

Securities Analyst

TL;DR: Transaction increases insider beneficial ownership in deferred form; no immediate market impact or cash flow change.

The filing shows 10,168.71 Plan Units and 4,861.72 DSAP Units credited based on the $113.33 closing price on 09/02/2025. These are non-derivative credits tied to dividend accruals and will settle into common shares later, so there is no current issuance of tradable shares. For modeling, treat these as potential future dilution when distributed, but they are routine director compensation activity with limited near-term significance.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BOYNTON PAUL G

(Last) (First) (Middle)

1801 BAYBERRY COURT

P.O. BOX 18100

(Street)

RICHMOND VA 23226

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BRINKS CO [ BCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Plan Units	(1)	09/02/2025		A		68.76(2)		(1)	(1)	Common Stock	68.76(2)	$113.33(3)	10,168.71	D
DSAP Units	(4)	09/02/2025		A		10.92(5)		(4)	(4)	Common Stock	10.92(5)	$113.33(6)	4,861.72	D

Explanation of Responses:

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.

2. In accordance with the terms of the Plan, Plan Units were credited to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock.

3. The number of Plan Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $113.33, which is the closing price of BCO common stock on September 2, 2025, calculated in accordance with the terms of the Plan.

4. Under the terms of the Directors' Stock Accumulation Plan, as amended and restated (the "DSAP"), the Reporting Person will be entitled to receive a distribution in BCO common stock with respect to all units (each of which is the economic equivalent of one share of BCO common stock) ("DSAP Units") in the Reporting Person's account on a one-for-one basis following the Reporting Person's termination of service as a director.

5. In accordance with the terms of the DSAP, DSAP Units were credited to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock.

6. The number of DSAP Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $113.33, which is the closing price of BCO common stock on September 2, 2025, in accordance with the terms of the DSAP.

Remarks:

	/s/ Linda M. MacNally, Attorney-in-Fact	09/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Paul G. Boynton report in the Form 4 for BCO?

The Form 4 reports that Paul G. Boynton was credited with 10,168.71 Plan Units and 4,861.72 DSAP Units on 09/02/2025 due to dividend accruals.

Do the credited units represent actual shares immediately traded?

No. Each unit is the economic equivalent of one share and will settle in common stock on a one-for-one basis upon distribution per the director's deferral election.

How was the number of units calculated?

The units were credited based on BCO's closing share price of $113.33 on 09/02/2025, in accordance with the terms of the respective plans.

What triggers distribution of Plan Units and DSAP Units into common stock?

Plan Units settle in stock following the director's termination of service or on a future date selected in the deferral election; DSAP Units distribute upon the director's termination of service.

Was the Form 4 signed and when?

Yes. The filing includes a signature by an attorney-in-fact dated 09/04/2025 on behalf of the reporting person.