Peschard Mijares Guillermo Eduardo 4
4 · BRINKS CO · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
Brink's (BCO) EVP Guillermo Peschard Receives 53.3-Unit Award
What Happened
Guillermo Peschard Mijares, an Executive Vice President of The Brink's Company (BCO), was credited with 53.3 Program Units on 2026-04-30 as an award under the company's Key Employees' Deferral Compensation Program. The units were valued at $106.75 each (the April month-end closing price), for a total economic value of approximately $5,690. This is an award/acquisition (derivative) credit under a deferred compensation program—not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-30; Form filed: 2026-05-04 (timely filing).
- Transaction type/code: A (award/acquisition of derivative Program Units).
- Units credited: 53.3 Program Units at $106.75 per unit; total value ≈ $5,690.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes:
- F1: Each Program Unit is economically equivalent to one BCO common share and will settle one-for-one into common stock when distributed per the executive's deferral election (e.g., upon termination or a future date chosen by the executive).
- F2: Units are credited monthly for deferred compensation and any matching amounts.
- F3: The number of units is based on the closing share price ($106.75) on the final trading day of the month.
- Filing timeliness: Report appears timely (filed within the Form 4 two-business-day window).
Context
This was a routine deferred-compensation credit (derivative award) rather than a market buy or sale. Program Units will convert into actual shares when distributed according to the executive’s deferral election, so this transaction reflects compensation accounting rather than an immediate change in market exposure. The dollar value is modest (~$5.7K) relative to typical insider trades.
Insider Transaction Report
- Award
Program Units
[F1][F2][F3]2026-04-30$106.75/sh+53.3$5,690→ 853.03 total→ Common Stock (53.3 underlying)
Footnotes (3)
- [F1]Program Units (each of which is the economic equivalent of one share of The Brink's Company ("BCO") common stock) credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferral Compensation Program (the "Program") will settle in BCO common stock on a one-for-one basis and shall be distributed in accordance with the Reporting Person's deferral election either (1) following the Reporting Person's termination of employment with BCO or (2) on a future date selected by the Reporting Person at the time of his or her deferral election.
- [F2]In accordance with the terms of the Program, on the last business day of each month, compensation deferred by the Reporting Person during that month and/or any matching amounts are converted into Program Units and credited to the Reporting Person's stock incentive account.
- [F3]The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $106.75, which is the closing price of BCO common stock on the final trading day of the month in which the deferred compensation would have been payable, calculated in accordance with the terms of the Program.