BCO Insider Filing: CFO Receives 4,166.76 Deferred Program Units at $113.33
Rhea-AI Filing Summary
Kurt B. McMaken, EVP and Chief Financial Officer of The Brink's Company (BCO), was credited with 4,166.76 Program Units on 09/02/2025 under the Key Employees' Deferred Compensation Program. The Program Units, which are economically equivalent to one share of Brink's common stock and reported as direct ownership, will settle one-for-one into common stock upon distribution according to the reporting person's deferral election. The units were credited as a result of a dividend payment and were calculated using the closing share price of $113.33 on September 2, 2025. The Form 4 was filed and signed by an attorney-in-fact on 09/04/2025.
Positive
- 4,166.76 Program Units credited to the CFO's deferred compensation account on 09/02/2025
- Program Units settle one-for-one into Brink's common stock, preserving clear conversion mechanics
- Credited due to a dividend, indicating alignment of compensation with shareholder distributions
- Valuation used closing price of $113.33 on 09/02/2025, providing transparent pricing basis
Negative
- None.
Insights
TL;DR: Routine equity-based compensation credit to the CFO tied to a dividend; no sale or purchase of shares reported.
This Form 4 discloses a non-cash credit of Program Units to the CFO's deferred compensation account, reflecting normal employee equity plan mechanics. The units convert one-for-one to common stock and were credited due to a dividend, using the closing price of $113.33 to value the award on 09/02/2025. There is no disposition or purchase that would change outstanding share count today; the transaction is administrative and not immediately dilutive until settlement occurs.
TL;DR: Administrative grant under an existing deferred compensation program; disclosure appears complete and timely.
The disclosure identifies the reporting person, role (EVP, CFO), relationship to the issuer, transaction date, and mechanics of the Program Units. Crediting due to dividends is consistent with plan terms described. The filing was executed by an attorney-in-fact and dated 09/04/2025, which meets standard Form 4 timing for a 09/02/2025 event. No governance issues or unexpected insider behavior are evident from the filing alone.