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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Plan Units | 19.3 | $113.33 | $2K |
Footnotes (1)
- Under the terms of the Plan for Deferral of Directors' Fees, as amended and restated (the "Plan"), units (each of which is the economic equivalent of one share of The Brink's Company ("BCO") common stock) ("Plan Units") credited to the Reporting Person's equity account 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. 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. The number of Plan Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $82.14, which is the closing price of BCO common stock on June 2, 2025, calculated in accordance with the terms of the Plan.
