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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 9.02 | $113.33 | $1K |
Footnotes (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. 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. 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.