Brink's (BCO) Director Michael J. Herling Receives Stock Award

What Happened

• Michael J. Herling, a director of Brink's Company (BCO), was credited with 13.94 DSAP units on September 1, 2026. The units are the economic equivalent of shares and were valued at $110.02 each, for a total value of $1,534. This transaction is recorded as an acquisition (code A) of a derivative security under the Directors' Stock Accumulation Plan (DSAP).

Key Details

• Transaction date: September 1, 2026; filing date: September 3, 2026 (Form 4 filed timely).
• Price used for valuation: $110.02 per share (closing price on 9/1/2026).
• Quantity: 13.94 DSAP units; total reported value: $1,534.
• Shares owned after transaction: not specified in this filing.
• Notable footnotes:
  • The DSAP Units are the economic equivalent of BCO common stock and will be distributed one-for-one in common stock following the reporting person's termination of service as a director (F1).
  • These DSAP Units were credited as a result of a dividend on BCO common stock (F2).
  • The number of units and valuation used the $110.02 closing share price on the transaction date (F3).
• Transaction type: derivative award/credit under a director compensation plan (not an open-market buy).

Context

• This was not an open-market purchase or sale of common stock; it reflects compensation/accumulation under a director plan and distribution will occur upon Herling's termination of service. Such credits reflect plan mechanics (e.g., dividend reinvestment or accumulation) rather than an immediate market view by the insider.