Galloway Elizabeth A 4
Research Summary
AI-generated summary
Brink's (BCO) EVP Elizabeth Galloway Receives 41.08-Share Award
What Happened
- Elizabeth A. Galloway, Executive Vice President and Chief Human Resources Officer of The Brink's Company (BCO), was credited with 41.08 Program Units on 2026-04-30. The units were recorded at $106.75 each (closing price) for a notional value of about $4,385. The transaction is reported as an award/grant (derivative).
Key Details
- Transaction date and price: 2026-04-30; 41.08 units × $106.75 = ~$4,385.
- Transaction type: Award/Grant of Program Units under the Key Employees' Deferral Compensation Program (derivative entitlement that converts one-for-one to BCO common stock on settlement).
- How units work: Units are credited monthly based on deferred compensation and matching amounts and will settle into BCO common stock one-for-one either upon the reporting person’s termination or on a future distribution date chosen in the deferral election.
- Filing: Report filed 2026-05-04, which is within the standard two-business-day Form 4 deadline for a 2026-04-30 transaction.
- Shares owned after transaction: Not reported in the provided filing details.
Context
- These Program Units are a deferred-compensation credit (derivative award) rather than an open-market purchase or sale; they will convert to actual shares per the employee’s deferral election and do not represent an immediate market purchase or sale.
- Such awards are common as compensation and do not by themselves indicate the insider’s near-term trading intentions.