Peschard Mijares Guillermo Eduardo 4
Research Summary
AI-generated summary
Brink's (BCO) EVP Guillermo Peschard Receives Award of 2.11 Shares
What Happened
- Guillermo Eduardo Peschard Mijares, Executive Vice President of The Brink's Company (BCO), was credited with 2.11 Program Units on 2026-06-01. The units were valued using a $103.02 per-share price (closing price on 6/1), giving an economic value of about $217. This transaction is an award/credit under a deferred compensation program (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03.
- Transaction type: Award/Grant (derivative Program Units).
- Units credited: 2.11 Program Units based on $103.02/share; total value ≈ $217.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: (F1) Program Units are economically equivalent to BCO common stock and will settle one-for-one into common shares upon the executive's chosen distribution event (termination or later date). (F2) These units were credited as a result of a dividend payment. (F3) The unit count was calculated using the 6/1/2026 closing price of $103.02.
- Filing timeliness: Form filed two days after the transaction; the filing shows no stated late-filing indication in the provided data.
Context
- These Program Units are deferred-compensation credits (derivative awards) that mirror the economic value of shares and will convert to actual BCO shares according to the executive's deferral election or upon termination. Because this was a dividend-credit award (not a market buy or sale), it typically reflects routine compensation mechanics rather than a direct signal of the insider’s view on the stock.