Galloway Elizabeth A 4
Research Summary
AI-generated summary
Brink's (BCO) EVP Elizabeth Galloway Receives Award of 42.15 Units
What Happened
Elizabeth A. Galloway, EVP and Chief Human Resources Officer of The Brink's Company (BCO), was credited with 42.15 Program Units on 2026-05-29. The units are valued at $104.02 each (closing price used), for a total economic value of approximately $4,384. This was an award/credit under Brink's Key Employees' Deferral Compensation Program (a derivative award that will settle into one share of BCO common stock per unit in the future).
Key Details
- Transaction date: 2026-05-29; Filing date: 2026-06-02 (filed within the two-business-day window).
- Award type: A (grant/award of derivative units).
- Units granted: 42.15 Program Units at $104.02 per unit — total ~ $4,384.
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- Program Units are economic equivalents of one share each and will settle 1-for-1 into BCO common stock.
- Units are credited monthly based on deferred compensation and matching amounts.
- The number credited on the date was calculated using BCO's closing price of $104.02 on the final trading day of the month.
- No 10b5-1 plan, tax-withholding sale, or option exercise is reported for this transaction.
Context
This was a deferred-compensation credit (not an open-market purchase or sale). Such awards reflect compensation deferral mechanics rather than an immediate insider investment decision; they convert to actual shares later (upon a termination or a future date chosen in the deferral election). Purchases by insiders tend to be more directly interpreted as bullish signals; grants under deferral plans are routine compensation events.