Form 4: Brink's Co Director Paul G. Boynton Reports Acquisition of Plan Units

Director Paul G. Boynton acquired 195 plan units of Brink's Co, convertible to common stock, as part of deferred compensation.

Summary

• On April 1, 2025, Paul G. Boynton, a director of Brink's Co (BCO), acquired 195 plan units.
• These units are the economic equivalent of BCO common stock and were credited to his equity account under the Plan for Deferral of Directors' Fees.
• The units will settle in BCO common stock on a one-for-one basis upon termination of service or on a future date selected by Boynton.
• The acquisition is part of Boynton's quarterly compensation for service on the Company's Board and Committees, which he has elected to defer.
• The price per unit is based on the closing price of BCO common stock on the final trading day of the quarter, which was $86.16.
• Following the transaction, Boynton beneficially owns 9,811.83 plan units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a standard transaction related to director compensation, indicating confidence in the company's future performance.

Positives

• The acquisition reflects Boynton's continued investment in the company.
• The deferral of compensation into plan units demonstrates a long-term commitment to Brink's Co.

Future Outlook

The plan units will settle in BCO common stock on a one-for-one basis upon termination of service or on a future date selected by Boynton.

Industry Context

Directors often receive stock options or restricted stock as part of their compensation packages, aligning their interests with those of shareholders. This transaction reflects a common practice of deferring compensation into company stock.

Comparison to Industry Standards

• Director compensation packages vary across industries and companies, but equity-based compensation is a common component.
• Comparing Boynton's compensation structure to those of directors at similar companies in the security and logistics sectors would provide a benchmark.
• Companies like GardaWorld or Securitas AB could be considered for comparison, focusing on the proportion of compensation delivered as deferred equity.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term performance.

Key Dates

Keywords

Brink's Co, Director, Paul G. Boynton, Plan Units, Deferred Compensation, BCO, Equity Account