Wyche Keith R 4
4 · BRINKS CO · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Brink's (BCO) Director Wyche Keith R Receives DSU Settlement; Net +1,578 Shares
What Happened
- Director Wyche Keith R had Deferred Stock Units (DSUs) vest and convert into common stock on April 28, 2026. The Form 4 reports a conversion/exercise-type derivative entry for 1,844 shares (reported as both acquired and disposed) and a DSU award/settlement acquisition of 1,578 shares. All transactions were at $0.00 (settled in stock), resulting in a net increase of 1,578 shares held by the director.
Key Details
- Transaction date: 2026-04-28; Form 4 filed 2026-04-30 (appears timely).
- Reported entries: Exercise/conversion (M) 1,844 shares acquired @ $0.00; Exercise/conversion (M) 1,844 shares disposed @ $0.00 (derivative); Grant/award (A) 1,578 shares acquired @ $0.00.
- Net change in beneficial ownership: +1,578 shares (1,844 acquired − 1,844 disposed + 1,578 acquired).
- Price/consideration: $0.00 — shares were issued/settled via DSUs, not purchased for cash.
- Footnotes: DSUs convert one-for-one into common stock on vesting; the 1,578-DSU award was granted May 8, 2025 and vested in full Apr 28, 2026. DSUs are subject to the 2024 Equity Incentive Plan and may be forfeited if the director leaves the board before vesting.
- Shares owned after transaction: Not specified in the provided filing.
Context
- These entries reflect DSU vesting/settlement (derivative conversions and award settlement), not open-market buys or sales; no cash changed hands. Reporting of both an acquired and disposed derivative amount often reflects conversion/settlement mechanics and does not necessarily indicate a market sale for proceeds. This is routine compensation-related issuance to a director rather than a purchase signal from personal funds.
Insider Transaction Report
Form 4
BRINKS COBCO
Wyche Keith R
Director
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-04-28+1,844→ 5,526 total - Exercise/Conversion
Deferred Stock Units
[F2][F3]2026-04-28−1,844→ 0 total→ Common Stock (1,844 underlying) - Award
Deferred Stock Units
[F2][F4]2026-04-28+1,578→ 1,578 total→ Common Stock (1,578 underlying)
Footnotes (4)
- [F1]Represents the conversion upon vesting of Deferred Stock Units ("DSUs") into The Brink's Company (the "Company") Common Stock.
- [F2]Each DSU represents the right to receive, at settlement, one share of Company Common Stock.
- [F3]This DSU award was granted on May 8, 2025 and vested in full on April 28, 2026.
- [F4]Subject to the terms and conditions of the 2024 Equity Incentive Plan and a DSU Award Agreement (the "Award Agreement"), the Reporting Person has been granted DSUs that vest upon the earlier of: (1) the one year anniversary of the grant date; and (2) the following year's annual meeting of shareholders, but in any event the DSUs shall not have a vesting period of less than six months. The vesting accelerates upon a change in control of The Company. The DSUs will be settled in Company common stock on a one-for-one basis upon vesting. Pursuant to terms of the Award Agreement, the DSUs will be forfeited if the director ceases to serve as a member of the Board of Directors of the Company prior to the expiration of the vesting period.
Signature
/s/ Linda M. MacNally, Attorney-in-Fact|2026-04-30