Herling Michael J 4

What Happened Michael J. Herling, a director of The Brink's Company (BCO), was credited with 14.86 DSAP units (derivative units that are the economic equivalent of common shares) on June 1, 2026. The units were valued using BCO's closing price that day of $103.02, giving an aggregate value of approximately $1,531. The transaction is reported as an award/grant (code A) and reflects DSAP crediting rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filing)
• Units credited: 14.86 DSAP Units; unit price used: $103.02; total value ≈ $1,531
• Transaction type/code: A (award/grant); reported as a derivative (DSAP Units)
• Footnote summary:
  • F1: DSAP Units convert one-for-one into BCO common stock upon the director's termination of service.
  • F2: Units were credited as a result of a dividend payment under the DSAP.
  • F3: The 14.86 figure was calculated using the June 1, 2026 closing price of $103.02 per share.
• Shares owned after transaction: not specified in the provided filing

Context This was not a market purchase or sale but a crediting of stock-equivalent units under the company's Directors' Stock Accumulation Plan (DSAP). Such credits commonly reflect dividend-related or plan-based awards and do not, by themselves, indicate the director is buying or selling stock in the open market. The DSAP units will convert to actual shares only upon the director’s termination of service, per the plan terms.