Galloway Elizabeth A 4
Research Summary
AI-generated summary
BRINKS EVP Elizabeth Galloway Receives Award; Withholds 3,240 Shares
What Happened
- Elizabeth A. Galloway, EVP and CHRO of The Brink's Company (BCO), had 3,240 shares of BCO common stock withheld to satisfy tax withholding on restricted stock units that vested on June 30, 2026 (Disposition code F). Those withheld shares were valued at $94.49 each for a total of $306,148.
- On the same date she was credited with 46.41 Program Units/awarded shares (Acquisition code A) valued at $94.49 each, totaling about $4,385. This acquisition is a derivative award under the company’s deferred compensation/RSU programs.
Key Details
- Transaction date: 2026-06-30; Filing date: 2026-07-02 (no late filing indicated in the report).
- Withheld (disposed) shares: 3,240 @ $94.49 = $306,148 (code F — tax withholding for vested RSUs).
- Award/acquisition: 46.41 Program Units/RSU-equivalents @ $94.49 = ~$4,385 (code A — derivative award).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Relevant footnotes: F1 = shares withheld to satisfy tax withholding on RSUs that vested; F2 = includes RSUs not yet vested; F3–F5 = Program Units are deferred-compensation units that convert 1-for-1 into BCO common stock and are credited/valued monthly based on the closing share price.
Context
- The 3,240-share disposition was a routine tax-withholding action tied to RSU vesting, not an open-market sale. Such withholdings are common and do not necessarily indicate a change in insider sentiment.
- The 46.41 units are deferred/award units (derivative) under the Key Employees' Deferral Compensation Program and will settle into common stock per the executive’s deferral election (may be distributed upon separation or on a selected future date).