BRINKS (BCO) CEO Richard M. Eubanks Receives Award of 100.6 Shares
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BRINKS (BCO) CEO Richard M. Eubanks Receives Award of 100.6 Shares
What Happened Richard M. Eubanks, President & CEO and a director of The Brink's Company (BCO), was credited with 100.6 Program Units on 2026-07-31. The units are reported as a derivative award (A) valued at $118.45 per unit, for a total reported value of approximately $11,916. This was a compensation credit under Brink's Key Employees' Deferral Compensation Program—not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-07-31; Form 4 filed: 2026-08-04 (appears timely under the two-business-day rule).
- Award: 100.6 Program Units at $118.45 per unit; total value ≈ $11,916.
- Shares owned after transaction: not disclosed in the filing.
- Footnotes: Program Units are economic equivalents of BCO common shares that will settle one-for-one into common stock and are credited monthly based on deferred compensation; the per-unit price used equals the month's closing share price ($118.45).
- Transaction type: Derivative award under a deferred compensation program (not a sale or market purchase).
Context Program Units are a form of deferred compensation that convert into Brink's common stock when distributed according to the executive's deferral election (e.g., upon termination or a chosen future date). Because this is a compensation credit rather than a purchase or sale, it should be viewed as routine compensation reporting rather than a direct bullish or bearish market signal.