BCO.NYSEBrinks CO

Form 4: Brink's Co. Controller Michael E. Sweeney Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Controller Michael E. Sweeney reports the withholding and disposition of Brink's Co. common stock to cover tax obligations and deferred compensation.

Summary

  • On March 1, 2024, Michael E. Sweeney, Controller of Brink's Co., had shares of common stock withheld to cover tax obligations related to vested Restricted Stock Units.
  • A total of 155 shares were withheld at a price of $82.43 per share.
  • Also on March 1, 2024, Sweeney deferred the receipt of 54 shares of BCO common stock, resulting in 54 Program Units credited to his stock incentive account.
  • On March 3, 2024, an additional 171 shares were withheld at $82.43 per share to satisfy tax obligations for vested Restricted Stock Units.
  • Following these transactions, Sweeney beneficially owns 8,063 shares of Brink's Co. common stock, which includes unvested Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and tax obligations.

Key Dates

DateDescription
03/01/2024Shares withheld for tax obligations and shares exchanged for Program Units.
03/03/2024Shares withheld for tax obligations.
03/04/2024Date of signature on the report.

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