BOYNTON PAUL G 4
4 · BRINKS CO · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Brink's (BCO) Director Paul G. Boynton Receives DSU Award
What Happened
Paul G. Boynton, a director of Brink's Co. (BCO), received a grant of 1,578 deferred stock units (DSUs) on 2026-04-28. The units were reported as an award/derivative (transaction code A) with an acquisition price of $0.00 (no cash paid). Each DSU represents the right to receive one share of common stock upon settlement/vesting, so the economic value will equal the market price when settled.
Key Details
- Transaction date: 2026-04-28 (Form 4 filed 2026-04-30 — appears timely).
- Grant: 1,578 DSUs; reported price $0.00 (derivative award, not a purchase).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote F1: each DSU converts one-for-one to company common stock at settlement.
- Footnote F2: DSUs vest on the earlier of (a) one year after grant or (b) the next annual meeting, but not less than six months; vesting accelerates on a change in control; DSUs are forfeited if the director leaves the board before vesting.
- No 10b5-1 plan, tax-withholding sale, or immediate sale of underlying shares was reported.
Context
DSUs are a common form of non-cash director compensation that convert to shares when they vest and are settled. This grant is a derivative award (not an open-market purchase or sale) and does not by itself indicate immediate buying or selling sentiment—its eventual value depends on Brink's share price at settlement.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2]2026-04-28+1,578→ 42,898 total→ Common Stock (1,578 underlying)
Footnotes (2)
- [F1]Each DSU represents the right to receive, at settlement, one share of Company Common Stock.
- [F2]Subject to the terms and conditions of the 2024 Equity Incentive Plan and a DSU Award Agreement (the "Award Agreement"), the Reporting Person has been granted DSUs that vest upon the earlier of: (1) the one year anniversary of the grant date; and (2) the following year's annual meeting of shareholders, but in any event the DSUs shall not have a vesting period of less than six months. The vesting accelerates upon a change in control of The Company. The DSUs will be settled in Company common stock on a one-for-one basis upon vesting. Pursuant to terms of the Award Agreement, the DSUs will be forfeited if the director ceases to serve as a member of the Board of Directors of the Company prior to the expiration of the vesting period.