Form 4: Brink's Co Director Timothy Tynan Reports Acquisition of Plan Units
SEC Form 4
Director Timothy Tynan reports acquisition of 318 plan units of Brink's Co common stock on April 1, 2025, through the Plan for Deferral of Directors' Fees.
Summary
- On April 1, 2025, Timothy Joseph Tynan, a director of Brink's Co (BCO), acquired 318 plan units under the Plan for Deferral of Directors' Fees.
- These units are the economic equivalent of BCO common stock and will settle on a one-for-one basis.
- The units were credited to Tynan's equity account at a price of $86.16 per unit, which was the closing price of BCO common stock on the final trading day of the quarter.
- Following the transaction, Tynan beneficially owns 1,507.97 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to director compensation, indicating a neutral sentiment.
Future Outlook
The plan units will settle in BCO common stock on a one-for-one basis, distributed either upon termination of service from the Board or on a future date selected by the reporting person.
Industry Context
This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a director's compensation and alignment with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Acquisition of plan units. |
| 04/02/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Director Compensation, Equity Account, Plan Units, Brink's Co, BCO, Tynan, Director
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