BOYNTON PAUL G 4
4 · BRINKS CO · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
BRINKS (BCO) Director Paul G. Boynton Receives Deferred Award
What Happened
Paul G. Boynton, a member of The Brink's Company (BCO) Board of Directors, was credited with deferred compensation units under the company's Director Fee Deferral Plan on 2026-04-01. The Form 4 reports this as a derivative award (transaction code A) and shows 0 shares acquired on the form (reported value $0) because the award was recorded as units that will settle into common stock in the future. The units are valued for accounting under the plan using BCO’s closing share price of $103.63 on the last trading day of the quarter.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely filing).
- Reported on Form 4 as: Grant/Award (derivative), 0 shares @ $103.63 (reported value $0).
- Shares owned after transaction: No immediate change in beneficial ownership reported; the form does not list a post-transaction share count.
- Footnotes: (1) Units are economic equivalents of one BCO share and will settle one-for-one into common stock per the Deferral Plan; (2) Boynton elected to receive and defer board compensation in shares; (3) the $103.63 figure is the closing price used to calculate units.
- Not a purchase or sale of stock — this is a routine director compensation deferral, not a market trade.
Context
Deferred units are common for board compensation and convert to actual shares later (upon board service termination or a preselected distribution date). Because the award is a deferred derivative unit, it does not represent an immediate open‑market buy or sell and should be viewed as compensation administration rather than a direct trading signal.
Insider Transaction Report
- Award
Plan Units
[F1][F2][F3]2026-04-01$103.63/sh+0$0→ 10,763.17 total→ Common Stock (144 underlying)
Footnotes (3)
- [F1]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 equity account under the Plan for Deferral of Directors' Fees (the "Plan") 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 service from the Board of Directors or (2) on a future date selected by the Reporting Person at the time of his or her deferral election.
- [F2]The reporting person has elected to receive shares of BCO common stock as part of his quarterly compensation for service on the Company's Board and Committees and has elected to defer those shares under the Plan.
- [F3]The number of Units credited to the Reporting Person's equity 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 quarter, calculated in accordance with the terms of the Plan.