Andrade Kathie J. 4
4 · BRINKS CO · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Brink's (BCO) Director Kathie J. Andrade Receives 1,578-Share DSU Award
What Happened
Kathie J. Andrade, a member of the Board of Directors of Brink's Co. (BCO), was granted 1,578 deferred stock units (DSUs) on 2026-04-28. The filing reports the award at $0.00 per unit (no cash paid). Each DSU represents the right to receive one share of Brink's common stock upon settlement; settlement occurs when the DSUs vest.
Key Details
- Transaction date: 2026-04-28; Form 4 filed 2026-04-30 (appears timely).
- Grant: 1,578 DSUs, reported at $0.00 per unit (transaction code A — award/grant).
- DSUs settle one-for-one into common shares upon vesting (Footnote F1).
- Vesting terms: DSUs vest upon the earlier of (a) one-year anniversary of the grant or (b) the next annual meeting, but not in less than six months; vesting accelerates on a change in control; DSUs are forfeited if the director ceases board service before vesting (Footnote F2).
- Shares owned after the transaction: not specified in the filing.
Context
This is a typical director compensation award (deferred stock units), not an open-market purchase or sale. There is no immediate cash paid or immediate share delivery; economic value will depend on Brink's future stock price at settlement. Such DSU grants are common for non-employee directors and are primarily a retention/compensation tool rather than a direct signal of near-term insider buying or selling.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2]2026-04-28+1,578→ 3,422 total→ Common Stock (1,578 underlying)
Footnotes (2)
- [F1]Each DSU represents the right to receive, at settlement, one share of Company Common Stock.
- [F2]Subject to the terms and conditions of the 2024 Equity Incentive Plan and a DSU Award Agreement (the "Award Agreement"), the Reporting Person has been granted DSUs that vest upon the earlier of: (1) the one year anniversary of the grant date; and (2) the following year's annual meeting of shareholders, but in any event the DSUs shall not have a vesting period of less than six months. The vesting accelerates upon a change in control of The Company. The DSUs will be settled in Company common stock on a one-for-one basis upon vesting. Pursuant to terms of the Award Agreement, the DSUs will be forfeited if the director ceases to serve as a member of the Board of Directors of the Company prior to the expiration of the vesting period.