Brink's (BCO) EVP & CLO receives 41.82 deferred stock Program Units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cook Kristen Williams reported acquisition or exercise transactions in this Form 4 filing.
Brink's Company executive Kristen Williams Cook received a routine equity-based compensation grant. She was credited with 41.82 Program Units, each economically equivalent to one share of Brink's common stock, based on a reference share price of $103.63.
The Program Units were added to her stock incentive account under the Key Employees' Deferral Compensation Program and will settle one-for-one in Brink's common stock. Settlement will occur either after her employment with Brink's ends or on a future date she previously selected, bringing her total Program Units to 220.93 following this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cook Kristen Williams
Role
EVP & CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Program Units | 41.82 | $103.63 | $4K |
Holdings After Transaction:
Program Units — 220.93 shares (Direct)
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 $103.63, 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.
Key Figures
Program Units granted: 41.82 units
Reference share price: $103.63 per share
Program Units after transaction: 220.93 units
+1 more
4 metrics
Program Units granted
41.82 units
Grant/award acquisition on 2026-03-31
Reference share price
$103.63 per share
Closing price used to calculate Program Units
Program Units after transaction
220.93 units
Total Program Units credited to executive’s account
Conversion ratio
1 unit = 1 share
Program Units settle one-for-one in Brink's common stock
Key Terms
Program Units, Key Employees' Deferral Compensation Program, stock incentive account, deferred compensation, +1 more
5 terms
Program Units financial
"Program Units (each of which is the economic equivalent of one share of The Brink's Company"
Key Employees' Deferral Compensation Program financial
"credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferral Compensation Program"
stock incentive account financial
"credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferral Compensation Program"
deferred compensation financial
"on the last business day of each month, compensation deferred by the Reporting Person during that month"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
economic equivalent financial
"Program Units (each of which is the economic equivalent of one share of The Brink's Company"
FAQ
What insider transaction did Brink's (BCO) report for Kristen Williams Cook?
Brink's reported that EVP & CLO Kristen Williams Cook received 41.82 Program Units as equity-based compensation. These units are tied to the company’s stock and were credited to her deferred compensation stock incentive account, increasing her total Program Units to 220.93 after the transaction.
What are the Program Units granted to the Brink's (BCO) executive?
The Program Units are awards economically equivalent to Brink's common stock, credited under the Key Employees' Deferral Compensation Program. Each unit is designed to settle one-for-one in Brink's common shares at a later date, aligning executive compensation with the company’s share performance.
How was the 41.82-unit grant to the Brink's (BCO) executive calculated?
The 41.82 Program Units were based on a share price of $103.63, the closing price of Brink's stock on the final trading day of the month. Deferred compensation and any matching amounts are converted into units using this price, according to the program’s terms.
When will the Brink's (BCO) Program Units be paid to the executive?
The Program Units will settle in Brink's common stock on a one-for-one basis at a future time. Distribution occurs either after the executive’s termination of employment or on a specific future date chosen in her deferral election under the program rules.
Does the Brink's (BCO) Form 4 indicate a stock purchase or sale?
The Form 4 reports an acquisition coded as a grant or award, not an open-market trade. Kristen Williams Cook received 41.82 Program Units as part of deferred compensation, rather than buying or selling Brink's shares in the public market.
How often are Brink's (BCO) Program Units credited under the deferral program?
Under the Key Employees' Deferral Compensation Program, on the last business day of each month, any compensation deferred and matching amounts are converted into Program Units. These units are then credited to the participant’s stock incentive account according to the program’s established terms.