BCO Insider Filing: Timothy Tynan Credited 19.3 Plan Units from Dividend
Rhea-AI Filing Summary
The Brink's Company director Timothy J. Tynan received deferred compensation units tied to company stock. On 09/02/2025, 19.3 Plan Units were credited to his account under the company Plan for Deferral of Directors' Fees as a result of a dividend. Each Plan Unit will settle one-for-one into BCO common stock and will be distributed per Mr. Tynan's deferral election either upon his board service termination or on a future date he selected. The filing reports Mr. Tynan beneficially owns 1,843.47 shares following the transaction. The Plan calculation referenced a closing share price of $82.14 on June 2, 2025. The Form 4 was executed on 09/04/2025.
Positive
- Director compensation credited as Plan Units that convert one-for-one to common stock, increasing alignment with shareholders
- Transaction resulted from a dividend, indicating use of an established deferral plan rather than a new issuance
Negative
- None.
Insights
TL;DR: Routine director compensation deferral recorded; aligns director pay with shareholder outcomes without indicating unusual activity.
The Form 4 documents a standard Plan Units credit to a director's deferral account triggered by a dividend. The disclosure shows these units convert one-for-one into common stock under the Plan and will settle according to the director's chosen timing. This is a governance-level compensation choice that increases the director's economic alignment with shareholders while remaining administrative in nature. No cash transactions, option exercises, or unusual issuances are shown.
TL;DR: Non-derivative grant from dividend reinvestment; immaterial to capitalization but increases reported insider beneficial ownership modestly.
The 19.3 Plan Units credited and the resulting beneficial ownership of 1,843.47 shares reflect a non-derivative equity accrual tied to a dividend. The Plan references a historical closing price ($82.14) for unit calculation. From a securities perspective this is a routine insider reporting event that modestly changes disclosed insider holdings and does not reflect a market sale or purchase transaction.