BRINKS (BCO) EVP Elizabeth Galloway Receives Award of 40.25 Units
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BRINKS (BCO) EVP Elizabeth Galloway Receives Award of 40.25 Units
What Happened
Elizabeth A. Galloway, EVP and Chief Human Resources Officer of The Brink's Company (BCO), received an award of 40.25 Program Units on 2026-08-31. The units were credited at a price of $108.93 per share, giving the award an economic value of about $4,384. This was an award/grant under the company's Key Employees' Deferral Compensation Program (a derivative grant that will convert to common stock under program rules), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-31; Form 4 filed 2026-09-02 (no late filing flag reported).
- Transaction type: Award/Grant (code A); 40.25 Program Units credited.
- Per-unit price used for valuation: $108.93 (closing price on program valuation date).
- Reported value: approximately $4,384.
- Shares owned after transaction: not reported in the provided data.
- Footnote highlights:
- F1: Program Units are economic equivalents of BCO common stock and will settle one-for-one into shares either upon the reporting person’s termination or on a future date elected at deferral.
- F2: Units are credited monthly for deferred compensation and any matching amounts.
- F3: The 40.25-unit amount was calculated using the $108.93 closing price for the relevant month.
Context: This is a routine deferred-compensation award (derivative grant that converts to shares per program rules), not a market purchase or sale. Such awards reflect compensation arrangements rather than an immediate insider buy or sell decision.