Eubanks Richard M. 4
Research Summary
AI-generated summary
BRINKS (BCO) CEO Richard Eubanks Receives Award of 114.56 Shares
What Happened
Richard M. Eubanks, President & CEO and a director of The Brink's Company (BCO), was credited with 114.56 Program Units on 2026-05-29. The units are recorded as a derivative award (code A) valued using a $104.02 share price, for a notional value of about $11,917. These Program Units are the economic equivalent of BCO common shares and will settle into common stock on a one-for-one basis per the plan terms.
Key Details
- Transaction date: 2026-05-29; Form 4 filed: 2026-06-02 (filed within the standard two-business-day reporting window).
- Instrument and amount: 114.56 Program Units (derivative award) at $104.02 per share; total value ≈ $11,917.
- Transaction code: A (award/grant/acquisition of derivative).
- Shares owned after transaction: not specified in the provided filing.
- Notable footnotes:
- F1: Program Units are the economic equivalent of one share each and will convert to BCO common stock 1:1; distribution occurs after termination or on a deferred date selected by the executive.
- F2: Units are credited monthly as deferred compensation and/or matching amounts are converted into Program Units.
- F3: The number of units credited was calculated using BCO’s closing share price of $104.02 on the last trading day of the month.
Context
This was a deferred-compensation award converting payroll/deferral amounts into program units—not an open-market purchase or sale. Derivative awards like these reflect company compensation practices and do not by themselves indicate an insider buying or selling company stock in the market.