Eubanks Richard M. 4
Research Summary
AI-generated summary
BRINKS (BCO) CEO Richard Eubanks Receives Award (126.12 Units, $11.9K)
What Happened
- Richard M. Eubanks, President & CEO and a director of The Brink's Company (BCO), was credited with 126.12 Program Units (derivative awards) on 2026-06-30. The units were valued at $94.49 each, for a total economic value of $11,917. This is an award/acquisition under the company's Key Employees' Deferral Compensation Program, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (appears timely).
- Security/transaction: Program Units (derivative award) — reported as Code A (award/acquisition).
- Price used to value units: $94.49 (closing price on the final trading day of the month); total value ≈ $11,917.
- Shares owned after the transaction: not reported in the filing.
- Footnotes: units are credited monthly under the deferral program, convert one-for-one into BCO common stock, and will settle in common stock either upon Eubanks' termination of employment or on a future distribution date he selected.
Context
- These Program Units are deferred compensation credits that will convert into Brink's common stock on a one-for-one basis when distributed; they are not an immediate cash sale or a cashless option exercise. Awards like this reflect compensation deferral mechanics and do not by themselves signal a buy/sell intent in the open market.