Eubanks Richard M. 4
Research Summary
AI-generated summary
BRINKS (BCO) CEO Richard Eubanks Receives Award Units
What Happened
- Richard M. Eubanks, President & CEO and Director of The Brink's Company (BCO), was credited with 1,953.99 Program Units (derivative awards) on 2026-03-31. The award breaks down as: 1,838.99 units ($190,575), 88.46 units ($9,167), and 26.54 units ($2,750), all calculated at $103.63 per share for a total value of about $202,492.
- This is an award/credit of deferred compensation (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-31; price basis used: $103.63 (closing price on the final trading day of the month).
- Units credited: 1,953.99 Program Units (derivative equivalents of common shares).
- Shares owned after transaction: not specified in the information provided on the Form 4 excerpt.
- Filing: Report filed 2026-04-02 — appears timely (within the Form 4 reporting window).
- Notable footnotes: Program Units are economic equivalents of one share each and are credited under the Key Employees' Deferral Compensation Program. They will settle one-for-one into BCO common stock either upon the executive’s termination or on a future date selected in the deferral election. Units are credited monthly based on deferred compensation and any matching amounts.
Context
- These are deferred-compensation credits (derivative Program Units), not a cash purchase or option exercise; they represent the conversion of deferred and/or matching incentive pay into units that will convert to shares later per the executive’s deferral election.
- Such credits are common for executive compensation programs and do not by themselves indicate a buy/sell decision in the open market.