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Brink's (BCO) Officer Receives Deferred Compensation Units Tied to Stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

The filing reports that Michael E. Sweeney, an officer and controller of The Brink's Company (BCO), was credited with 1,025.13 Program Units under the company's Key Employees' Deferred Compensation Program on 09/02/2025. Each Program Unit is economically equivalent to one share of BCO common stock and will settle one-for-one into common stock either after the reporting person's termination of employment or on a future distribution date elected by the reporting person.

The Program Units were credited as a result of a dividend under the program and were measured using BCO's closing stock price of $113.33 on the transaction date. The Form 4 was signed by an Attorney-in-Fact on 09/04/2025 and shows no cash purchases, sales, or option exercises—only the non-derivative crediting of deferred compensation units.

Positive

  • Program Units credited: 1,025.13 units were credited to Michael E. Sweeney's deferred compensation account
  • Clear settlement terms: Units settle one-for-one into BCO common stock per the Key Employees' Deferred Compensation Program
  • Crediting reason disclosed: Units were credited as a result of a dividend under the Program
  • Proper reporting: Form 4 filed and signed by Attorney-in-Fact, indicating compliance with Section 16 reporting

Negative

  • None.

Insights

TL;DR Officer received deferred compensation in the form of program units tied to BCO stock; this is a non-cash dividend crediting event.

The reported transaction is a routine crediting of Program Units under the Key Employees' Deferred Compensation Program and did not involve a cash purchase or sale. The units are settled one-for-one into common stock on a future date, so the event increases potential future dilution by 1,025.13 shares when settled, measured at the closing price of $113.33 on 09/02/2025. This is an administrative compensation event rather than a market trade.

TL;DR Filing shows compliance with Section 16 reporting for deferred compensation credits; no governance red flags presented.

The Form 4 discloses a standard crediting of deferred compensation tied to dividends, reported by an officer/controller. Documentation references the Program's settlement and deferral election mechanics. The filing was signed by an attorney-in-fact, indicating proper execution. There are no indications of atypical insider activity, borrowings, or immediate derivative transactions in the report.

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
Estimated average burden
hours per response: 0.5
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*
Sweeney Michael E

(Last) (First) (Middle)
1801 BAYBERRY COURT
PO BOX 18100

(Street)
RICHMOND VA 23226

(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)
Controller
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 2.29(2) (1) (1) Common Stock 2.29 $113.33(3) 1,025.13 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 Michael E. Sweeney report on the Form 4 for BCO?

The Form 4 reports that 1,025.13 Program Units were credited to his deferred compensation account on 09/02/2025, credited as a result of a dividend and measured using the $113.33 closing stock price.

What are Program Units in the Brink's Key Employees' Deferred Compensation Program?

Program Units are the economic equivalent of one share of BCO common stock and will settle one-for-one into common stock upon the reporting person's chosen distribution event or termination of employment.

Did the Form 4 report any purchases, sales, or option exercises by the reporting person?

No. The filing shows a non-derivative crediting event (Program Units credited) and does not report any cash purchases, sales, or option exercises.

What price was used to calculate the number of Program Units credited?

The number of Program Units was based on BCO's closing price of $113.33 on 09/02/2025, per the Program's terms.

Who signed the Form 4 filing for Michael E. Sweeney?

The Form 4 was signed by Linda M. MacNally, Attorney-in-Fact, on 09/04/2025.
Brinks Co

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5.13B
41.14M
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Security & Protection Services
Arrangement of Transportation of Freight & Cargo
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United States
RICHMOND