BCO Form 4: Dividend-Credited Program Units Increase Galloway Ownership

Rhea-AI Filing Summary

The filing reports that Elizabeth A. Galloway, Executive Vice President and Chief Human Resources Officer of The Brink's Company (BCO), was credited with Program Units under the Key Employees' Deferred Compensation Program on 09/02/2025. The Program Units are the economic equivalent of common stock and will settle one-for-one into BCO common stock either upon Ms. Galloway's termination of employment or on a future distribution date she selected when deferring. The crediting resulted from a dividend payment, and the number of Program Units was calculated using the $113.33 closing price of BCO common stock on September 2, 2025. Following the transaction, the reporting person beneficially owned 2,116.13 Program Units. The form is signed by an attorney-in-fact on 09/04/2025.

Positive

• Program Units were credited to the reporting person's deferred compensation account on 09/02/2025
• Program Units settle one-for-one into common stock under the Key Employees' Deferred Compensation Program
• Credit resulted from a dividend payment and was calculated using the $113.33 closing price on 09/02/2025
• Beneficial ownership after the transaction is reported as 2,116.13 Program Units

Negative

• None.

Insights

Compensation Analyst

TL;DR Routine deferred-compensation credit from a dividend; increases deferred equity holdings without open-market purchase.

The transaction reflects a non-cash credit of Program Units under the Key Employees' Deferred Compensation Program tied to a dividend distribution. Program Units are economically equivalent to common stock and will settle one-for-one into shares per plan terms. The units were credited using the closing price of $113.33 on 09/02/2025, resulting in 2,116.13 units beneficially owned after the transaction. This is a compensation plan administration event rather than an active market purchase or sale.

Corporate Governance Expert

TL;DR Disclosure is a standard Section 16 filing documenting deferred-equity credit; no change to voting shares until settlement.

The Form 4 documents the crediting of Program Units which are described as economically equivalent to one share each and convertible to common stock upon settlement. The filing discloses the dividend-based crediting mechanism and the price basis ($113.33 closing price on 09/02/2025). It is a routine insider reporting event that updates beneficial ownership records; the filing was executed by an attorney-in-fact on 09/04/2025.

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

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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^*

Galloway Elizabeth A

(Last) (First) (Middle)

555 DIVIDEND DRIVE

(Street)

COPPELL TX 75019

(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)

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

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
Program Units	(1)	09/02/2025		A		4.56(2)		(1)	(1)	Common Stock	4.56	$113.33(3)	2,116.13	D

Explanation of Responses:

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' Deferred 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.

2. In accordance with the terms of the Program, Program 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 Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $113.33, which was the closing price of BCO common stock on September 2, 2025, calculated in accordance with the terms of the Program.

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 Elizabeth A. Galloway report on the Form 4 for BCO?

The Form 4 reports that Program Units were credited to Elizabeth A. Galloway's deferred compensation account on 09/02/2025, resulting in 2,116.13 units beneficially owned after the transaction.

Why were Program Units credited to the reporting person?

The filing states the Program Units were credited as a result of a dividend payment with respect to BCO common stock under the Key Employees' Deferred Compensation Program.

How was the number of Program Units calculated?

The number of Program Units credited was based on the closing price of BCO common stock of $113.33 on September 2, 2025, per the Program terms.

When will the Program Units settle into common stock?

Program Units will settle one-for-one into BCO common stock either following the Reporting Person's termination of employment or on a future date selected in the Reporting Person's deferral election.

Who signed the Form 4 and when?

The filing was signed by /s/ Linda M. MacNally, Attorney-in-Fact on 09/04/2025.