Brink’s EVP defers comp into 48 shares, owns 2,074 units

Rhea-AI Filing Summary

Brink’s Company (BCO) – Form 4: EVP & CHRO Elizabeth A. Galloway credited 48.27 Program Units (deferred-compensation share equivalents) on 31 Jul 2025 under the Key Employees’ Deferred Compensation Program. Units were valued at $87.34, the stock’s month-end close. After the automatic, in-plan acquisition, Galloway beneficially owns 2,073.94 Program Units, held directly; no non-derivative shares or dispositions were reported.

The “A” transaction code confirms an acquisition rather than a sale, and the filing cites routine monthly conversion of deferred pay, not discretionary open-market buying. While financially immaterial to BCO, the incremental increase modestly tightens executive–shareholder alignment and sends a neutral-to-slightly positive governance signal.

Positive

• Insider ownership increases—executive now holds 2,073.94 share equivalents, marginally aligning interests.

Negative

• Tiny size & automatic nature (<$5k) limit any meaningful signalling value for investors.

Insights

Securities Analyst

TL;DR: Routine deferred-comp credit; negligible monetary value; neutral stock impact.

The filing documents an automatic issuance under Brink’s deferred-comp plan. At ~$87 per share, the $4.2k market value is immaterial and represents <0.01 % of BCO’s ~45 m share count. Because the units stem from compensation already earned, they provide little incremental capital commitment. Nonetheless, the absence of selling and a growing insider balance can be viewed as incrementally positive for governance. Overall, I rate the event neutral (0) for investors—unlikely to influence valuation or liquidity.

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^*

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)
07/31/2025

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)	07/31/2025		A		48.27(2)		(1)	(1)	Common Stock	48.27	$87.34(3)	2,073.94	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' Deferral 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, on the last business day of each month, compensation deferred by the Reporting Person during that month and/or any matching amounts are converted into Program Units and credited to the Reporting Person's stock incentive account.

3. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $87.34, which is the closing price of BCO common stock on the final trading day of the month in which the deferred compensation would have been payable, calculated in accordance with the terms of the Program.

Remarks:

	/s/ Linda M. MacNally, Attorney-in-Fact	08/04/2025
	** 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 BCO executive Elizabeth Galloway report in the Form 4?

She acquired 48.27 Program Units (share equivalents) on 07/31/2025 under a deferred-comp plan.

At what price were the Program Units credited?

The units were valued at $87.34, Brink’s closing price on the last trading day of the month.

How many Brink’s share equivalents does Galloway now hold?

After the transaction she beneficially owns 2,073.94 Program Units.

Was this an open-market purchase?

No. The acquisition arose automatically from deferred compensation, coded “A,” not an open-market buy.

Does the Form 4 suggest any impact on Brink’s stock price?

Given the small, routine nature of the credit, analysts view the impact as neutral.