Brink's (BCO) EVP Guillermo Peschard Receives Award of 48.03 Units
$BCO · BRINKS COResearch Summary
AI-generated summary of this SEC filing
Brink's (BCO) EVP Guillermo Peschard Receives Award of 48.03 Units
What Happened
Guillermo Peschard Mijares, an Executive Vice President of The Brink's Company (BCO), was credited with 48.03 Program Units on 2026-07-31 (transaction code A — award/grant). The units were recorded at $118.45 per share, a total economic value of approximately $5,689. This was not an open-market buy; it reflects deferred compensation converted into Program Units (a derivative that settles into common stock).
Key Details
- Transaction date and price: 2026-07-31; 48.03 units at $118.45 per unit (closing share price) — total ~$5,689.
- Transaction type/code: Award/Grant (A); derivative Program Units that are the economic equivalent of one BCO share each.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes summary:
- F1: Program Units are one-for-one economically equivalent to BCO common stock and will settle into shares per the Reporting Person’s deferral election (on termination or a later elected date).
- F2: Units are credited on the last business day of each month from deferred compensation and any matching amounts.
- F3: The unit count is based on the closing price ($118.45) on the last trading day of the month.
- Filing timeliness: No late-filing flag noted in the provided data.
Context
This was a deferred-compensation conversion (Program Units) rather than a market purchase or sale. Program Units are derivatives that will convert into actual shares later according to the executive’s deferral election, so the award increases future share exposure but does not reflect an immediate open-market transaction.