Form 4: Brink's CFO Kurt B. McMaken Reports Stock Incentive Account Activity

EVP and CFO of Brink's, Kurt B. McMaken, reports activity in his stock incentive account related to deferred compensation.

Summary

• Kurt B. McMaken, EVP and Chief Financial Officer of Brink's, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• On October 31, 2024, McMaken acquired 68.82 Program Units under the Key Employees' Deferred Compensation Program.
• These Program Units are the economic equivalent of Brink's common stock and will be settled on a one-for-one basis upon termination of employment or on a future date selected by McMaken.
• The acquisition price for these units was $102.79 per unit, based on the closing price of Brink's common stock on the last trading day of the month.
• Following this transaction, McMaken directly owns 2,677.43 Program Units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Future Outlook

The Program Units will settle in BCO common stock on a one-for-one basis and shall be distributed in accordance with the Reporting Person's deferral election either (1) following the Reporting Person's termination of employment with BCO or (2) on a future date selected by the Reporting Person at the time of his or her deferral election.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Key Dates