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

Michael Sweeney, Controller of Brink's Co, reports the acquisition and disposition of common stock and program units related to performance share units and restricted stock units.

Summary

• On February 16, 2023, Michael Sweeney acquired 2,544 shares of common stock related to Internal Metric Performance Share Units (IM PSUs) at $0.
• On February 24, 2024, Sweeney disposed of 766 shares of common stock at $82 to satisfy tax withholding obligations for IM PSUs.
• Also on February 24, 2024, Sweeney disposed of 227 shares of common stock in exchange for 227 Program Units, and disposed of 37 shares of common stock in exchange for 37 Program Units under the Key Employees' Deferred Compensation Program.
• Additionally on February 24, 2024, Sweeney disposed of 139 shares of common stock at $82 to satisfy tax withholding obligations for Restricted Stock Units.
• Following these transactions, Sweeney beneficially owns 8,443 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider, with no inherent positive or negative sentiment.

Future Outlook

Program Units will settle in BCO common stock on a one-for-one basis, distributed either upon termination of employment or on a future date selected by the Reporting Person.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It's a standard practice across all publicly traded companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
• Employees participating in the Key Employees' Deferred Compensation Program are directly affected by the Program Units.

Key Dates