Eubanks Richard M. 4
Research Summary
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Brink's (BCO) CEO Richard M. Eubanks Receives Award of 116 Program Units
What Happened
Richard M. Eubanks, President & CEO and a director of The Brink's Company (BCO), was credited with 115.72 Program Units on June 1, 2026. The units were valued at $103.02 each (BCO closing price on June 1), for a total economic value of about $11,921. This was an award/credit under the company’s Key Employees’ Deferred Compensation Program (reported as a derivative acquisition).
Key Details
- Transaction date: 2026-06-01; filing date: 2026-06-03 (appears timely under Form 4 rules).
- Security: 115.72 Program Units (derivative units), valued at $103.02 per unit; total ≈ $11,921.
- Transaction type/code: A — award/other acquisition (derivative).
- Shares owned after transaction: Not specified in the provided filing details.
- Notable footnotes:
- F1: Program Units are economically equivalent to one share of BCO common stock and will settle one-for-one into common stock per the Reporting Person’s deferral election (on termination or a chosen future date).
- F2: These Program Units were credited as a result of a dividend payment on BCO common stock.
- F3: Unit count/value based on the $103.02 closing price on June 1, 2026.
Context
These Program Units are deferred-compensation credits (derivative awards), not an open-market purchase or immediate stock issuance. They will convert to common shares according to Eubanks’ deferral election (e.g., upon termination or on a future distribution date), so this credit does not necessarily indicate an immediate change in share ownership or intent to buy/sell stock.