Docherty Susan E 4
4 · BRINKS CO · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
BRINKS (BCO) Director Susan E. Docherty Receives 1,578 Shares
What Happened
- Susan E. Docherty, a director of The Brink's Company (BCO), had Deferred Stock Units (DSUs) vest and convert into company common stock on April 28, 2026. The filing shows: conversion/exercise entries for 1,844 shares (reported at $0) and an award/acquisition of 1,578 shares (reported at $0). All transactions are recorded with a $0 per-share price in the Form 4 (these entries reflect DSU settlement/conversion rather than an open-market cash purchase).
Key Details
- Transaction date: April 28, 2026; Form 4 filed April 30, 2026 (appears timely).
- Reported transactions:
- M (exercise/conversion): 1,844 shares acquired @ $0.00 and concurrently 1,844 shares disposed @ $0.00 (reported as derivative).
- A (award/acquisition): 1,578 shares acquired @ $0.00 (derivative conversion upon vesting).
- Shares owned after transaction: not disclosed in the provided filing text.
- Footnotes of note:
- The entries reflect conversion upon vesting of DSUs into common stock; each DSU equals the right to one share (F1–F3).
- The DSU award was granted May 8, 2025 and vested in full April 28, 2026 (F3).
- DSUs were granted under the 2024 Equity Incentive Plan and vest per the Award Agreement; they are settled one-for-one in common stock on vesting and are forfeitable if the director leaves the Board before vesting (F4).
Context
- These are derivative/award transactions (DSU vesting and conversion), not open-market buys or sales. DSUs are a non-cash equity award that convert to shares at settlement; the filing shows some converted shares were also disposed but does not state the reason. Such DSU vesting for directors is a routine compensation event and is different from a voluntary market purchase or sale.
Insider Transaction Report
Form 4
BRINKS COBCO
Docherty Susan E
Director
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-04-28+1,844→ 20,378 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