Peschard Mijares Guillermo Eduardo 4
Research Summary
AI-generated summary
BRINKS (BCO) EVP Guillermo Peschard Receives Award (232.16 Units)
What Happened
Guillermo Peschard Mijares, Executive Vice President of The Brink's Company (BCO), was credited with two grants of Program Units on 2026-03-31: 189.93 units valued at $103.63 each ($19,682) and 42.23 units at $103.63 each ($4,376), totaling 232.16 units worth roughly $24,058. These are derivative awards (code A) under Brink’s Key Employees' Deferred Compensation Program, not open-market purchases or sales.
Key Details
- Transaction date: 2026-03-31; filing date: 2026-04-02 (no late filing indicated).
- Price used to calculate units: $103.63 (closing share price on the final trading day of the month).
- Units granted: 189.93 and 42.23 (total 232.16 Program Units); total reported value ≈ $24,058.
- Shares owned after transaction: not specified in the Form 4 provided.
- Footnote summary: Program Units are economically equivalent to one share of BCO common stock, converted monthly from deferred compensation and credited to the insider’s account; they will settle one-for-one into common stock upon the reporting person’s chosen distribution date or termination of employment.
Context
These awards reflect routine conversion/crediting of deferred incentive compensation into Program Units under the company's plan, rather than a market buy or sale. Program Units are derivative credits that will be settled in common stock per the participant’s deferral election, so the grant itself does not indicate a buy/sell sentiment.