Brink's (BCO) EVP Receives 37.56 Deferred Program Units Priced $112.04
Rhea-AI Filing Summary
The Brink's Company (BCO) reporting person Guillermo Eduardo Peschard Mijares, listed as an EVP, was credited with 37.56 Program Units under the Key Employees' Deferral Compensation Program on 08/29/2025. Those Program Units settle one-for-one into BCO common stock and are valued for the transaction using a per-share price of $112.04, the closing price on the final trading day of the month used under the Program. After the transaction the report shows 320.67 shares beneficially owned following the reported transaction. The filing was signed by an attorney-in-fact on 09/03/2025.
Positive
- Program Units credited under an established deferral plan that settle one-for-one into common stock
- Transparent valuation for the credit shown using the closing share price of $112.04
Negative
- None.
Insights
TL;DR: Officer received deferred equity credits that convert one-for-one to shares; transaction size is modest relative to typical insider grants.
The report documents a routine issuance of 37.56 Program Units under an established deferral plan, priced at $112.04 per share for unit calculation. These Program Units convert to common stock on a one-for-one basis and will be distributed per the holder's deferral election. The filing shows 320.67 shares beneficially owned following the credit. This is a standard compensation-related Form 4 disclosure rather than an open-market purchase or sale.
TL;DR: Disclosure appears procedural and consistent with a deferred compensation plan; no governance red flags in the document text.
The Form 4 discloses Program Units credited to an EVP under the Key Employees' Deferral Compensation Program with clear settlement mechanics (one-for-one conversion to common stock) and a defined price metric ($112.04) used for conversion. Signature by an attorney-in-fact is noted. The filing contains explanatory footnotes describing monthly crediting and distribution triggers, indicating adherence to plan terms.