Form 4: Brink's CEO Richard M. Eubanks Reports Stock Incentive Account Activity

Richard M. Eubanks, President and CEO of Brink's, reports activity in his stock incentive account related to the Key Employees' Deferred Compensation Program.

Summary

• On August 30, 2024, Richard M. Eubanks, the President and CEO of Brink's, reported a transaction involving Program Units credited to his stock incentive account under the Key Employees' Deferred Compensation Program.
• A total of 97.66 Program Units were acquired.
• These Program Units are the economic equivalent of Brink's common stock and will settle on a one-for-one basis upon termination of employment or on a future date selected by Eubanks.
• The crediting of Program Units is based on deferred compensation and matching amounts converted into Program Units at the end of each month.
• The price used to calculate the number of Program Units was $110.93 per share, which was the closing price of Brink's common stock on the final trading day of the month.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The acquisition of Program Units reflects Eubanks' participation in the Key Employees' Deferred Compensation Program, aligning his interests with the company's performance.

Future Outlook

The Program Units will settle in BCO common stock on a one-for-one basis upon termination of employment or on a future date selected by Eubanks.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity-based compensation of key executives.

Comparison to Industry Standards

• Deferred compensation programs are a common practice among publicly traded companies to incentivize and retain key executives.
• The structure of Brink's Key Employees' Deferred Compensation Program, where compensation is deferred and converted into stock-equivalent units, is similar to programs offered by companies like ADT and G4S prior to its acquisition.

Key Dates