Peschard Mijares Guillermo Eduardo 4
Research Summary
AI-generated summary
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.