Brink's CFO Receives 65.52 Deferred Stock Units on 08/29/2025
Rhea-AI Filing Summary
Kurt B. McMaken, EVP and Chief Financial Officer of The Brink's Company (BCO), had 65.52 Program Units credited to his stock incentive account on 08/29/2025 under the Key Employees' Deferral Compensation Program. Each Program Unit is the economic equivalent of one share of BCO common stock and will settle one-for-one into common stock upon distribution per the Reporting Person's deferral election. The 65.52 units were credited using a share price of $112.04, the closing price on the final trading day of the month, and following the transaction the Reporting Person beneficially owned 4,157.74 shares (direct).
Positive
- 65.52 Program Units credited to the Reporting Person's stock incentive account on 08/29/2025
- Clear settlement terms stated: Program Units settle one-for-one into BCO common stock per deferral election
- Crediting calculation disclosed using the closing share price of $112.04
Negative
- None.
Insights
TL;DR: Routine deferred-compensation crediting of 65.52 Program Units to the CFO, settling into common stock per plan terms.
The Form 4 reports a non-cash crediting event under the Key Employees' Deferral Compensation Program rather than an open-market purchase or sale. The filing documents 65.52 Program Units credited on 08/29/2025, valued using the month-end closing price of $112.04, and shows the Reporting Person's direct beneficial ownership at 4,157.74 shares after the credit. This is a standard administrative equity compensation post credited monthly under plan mechanics and does not disclose any cash exercise or disposition.
TL;DR: Disclosure is procedural and conforms to Form 4 reporting of stock incentive plan credits.
The filing identifies the transaction code as an acquisition via plan crediting and explains settlement mechanics: Program Units convert one-for-one into common stock on termination or a selected future date. The Form 4 is signed by an attorney-in-fact and shows direct ownership form, meeting Section 16 reporting requirements. No derivative exercises, sales, or market transactions are reported here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 65.52 | $112.04 | $7K |
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' 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. 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. The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $112.04, 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.
