Gabay Michael Nissim 4
Research Summary
AI-generated summary
Brinks (BCO) EVP Michael Gabay Receives Award of 3,426 Shares
What Happened
Michael Gabay, Executive Vice President of Brinks Co. (BCO), was reported on Form 4 as acquiring 3,426 shares via an award/settlement (transaction code A) at a reported per-share value of $129.82, totaling $444,763. This was not an open‑market purchase or sale but the settlement of performance-based equity.
Key Details
- Transaction date: February 18, 2026; Form 4 filed: February 20, 2026 (filed within the standard 2‑business‑day window).
- Price/value: $129.82 per share; total value reported $444,763.
- Shares acquired: 3,426 shares via award/settlement.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes:
- F1: These are Internal Metric Performance Share Units (IM PSUs) granted in Feb 2023; performance periods ended Dec 31, 2025 and the performance criteria were certified satisfied on Feb 18, 2026.
- F2: Indicates the filing also references restricted stock units that have not yet vested.
Context
IM PSUs are performance-based long-term incentive awards that convert to shares only after specified performance goals and periods are met; this transaction reflects vesting/certification rather than a market purchase or sale. Such award settlements are routine forms of executive compensation and do not, by themselves, indicate the insider’s view of the company’s near-term stock prospects.