BCO Insider Filing: 321.2 Program Units Credited to EVP on 09/02/2025

Rhea-AI Filing Summary

Guillermo Eduardo Peschard Mijares, EVP of The Brink's Company (BCO), had 321.2 Program Units credited to his deferred compensation account on 09/02/2025. The units were credited as a result of a dividend payment and are the economic equivalent of one share of BCO common stock each; they will settle one-for-one into common stock and be distributed according to the reporting person’s deferral election either after termination of employment or on a future date selected by the reporting person. The per-unit calculation used the BCO closing share price of $113.33 on the transaction date. The Form 4 was signed on 09/04/2025.

Positive

• Program Units were credited as a dividend equivalent, preserving executive equity economics without a cash payout
• Units settle one-for-one into common stock, aligning the reporting person’s economic exposure with shareholders
• Filing discloses per-unit price used ($113.33), providing transparent valuation for the transaction date

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine compensation bookkeeping; Program Units from a dividend were credited and will convert one-for-one into common shares per deferred election.

The filing documents a non-cash compensation credit under the Key Employees' Deferred Compensation Program. Crediting Program Units due to a dividend payment is a standard mechanism to preserve long-term incentive economics for executives who deferred receipt. The one-for-one settlement into common stock means the executive’s economic exposure mirrors equity performance, but the filing does not disclose timing of eventual distribution beyond the deferral framework. This disclosure is informational and expected under Section 16 reporting requirements.

Compensation Analyst

TL;DR: Compensation impact is modest and routine; 321.2 Program Units were credited at a $113.33 closing price on 09/02/2025.

The report quantifies the award: 321.2 Program Units based on the closing share price of $113.33, reflecting a dividend-crediting event rather than a discretionary grant. Because units are settled in common stock one-for-one, the executive gains equity-like upside and downside. The Form 4 lacks detail on aggregate outstanding units or potential dilution magnitude, so material financial impact cannot be assessed from this filing alone.

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
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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^*

Peschard Mijares Guillermo Eduardo

(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

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		0.57(2)		(1)	(1)	Common Stock	0.57	$113.33(3)	321.2	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 change did Guillermo Eduardo Peschard Mijares report on Form 4 for BCO?

The Form 4 reports that 321.2 Program Units were credited to his deferred compensation account on 09/02/2025 as a dividend equivalent.

How will the Program Units reported on BCO Form 4 settle?

The Program Units are the economic equivalent of common stock and will settle one-for-one into BCO common stock, distributed per the reporting person’s deferral election.

What valuation was used to calculate the Program Units on the BCO filing?

The number of Program Units was based on the closing price of BCO common stock on 09/02/2025, which was $113.33.

Was the crediting of Program Units a cash grant or dividend equivalent on the BCO Form 4?

It was credited as a dividend payment equivalent under the Key Employees' Deferred Compensation Program, not as a cash payout.

Who signed the Form 4 for this BCO filing and when?

The filing bears the signature of Linda M. MacNally, Attorney-in-Fact and is dated 09/04/2025.