BRINKS CO·4

Apr 30, 7:33 PM ET

Docherty Susan E 4

4 · BRINKS CO · Filed Apr 30, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-04-28
Transactions
  • Exercise/Conversion

    Common Stock

    [F1][F2]
    2026-04-28+1,84420,378 total
  • Exercise/Conversion

    Deferred Stock Units

    [F2][F3]
    2026-04-281,8440 total
    Common Stock (1,844 underlying)
  • Award

    Deferred Stock Units

    [F2][F4]
    2026-04-28+1,5781,578 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

Documents

1 file
  • 4
    wk-form4_1777592025.xmlPrimary

    FORM 4