Galloway Elizabeth A 4
Research Summary
AI-generated summary
Brink's (BCO) EVP/CHRO Elizabeth Galloway Receives Award
What Happened
Elizabeth A. Galloway, EVP and Chief Human Resources Officer of The Brink's Company (BCO), was credited with two grants of Program Units on 2026-03-31: 422.92 units at $103.63 each (value $43,827) and 42.31 units at $103.63 each (value $4,385), for a total of 465.23 Program Units valued at about $48,212. Transaction code: A (award/grant). These are derivative Program Units (economic equivalents to BCO common shares), not open-market purchases or sales.
Key Details
- Transaction date: 2026-03-31; Form filed: 2026-04-02 (timely within Form 4 reporting window).
- Price used for conversion: $103.63 (closing price on final trading day of the month).
- Units granted: 422.92 and 42.31 (total 465.23 Program Units); total reported value ≈ $48,212.
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes: These are Program Units credited under Brink's Key Employees' Deferred Compensation Program. Program Units are the economic equivalent of one share each, will settle one-for-one into BCO common stock and be distributed per the executive’s deferral election (on termination or a previously selected future date). Conversions to Program Units occur on the last business day of each month per the Program.
Context
These awards reflect deferred compensation conversion into Program Units rather than a cash buy or a sale. Such grants are routine compensation-plan activity and do not necessarily indicate a change in the executive's market view; they will convert to actual shares according to the participant’s deferral/settlement elections.