Form 4: Brink's Director Kathie J. Andrade Reports Stock Transactions
SEC Form 4 Filing
Director Kathie J. Andrade reports the vesting and conversion of deferred stock units (DSUs) into Brink's Company common stock.
Summary
- On May 2, 2024, Kathie J. Andrade, a director of Brink's Co, reported transactions involving deferred stock units (DSUs).
- 2,402 DSUs vested and were converted into common stock.
- Andrade also acquired 1,705 DSUs.
- Following these transactions, Andrade directly owns 10,974 shares of common stock and 1,705 DSUs.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, indicating neutral sentiment.
Future Outlook
The DSUs will be settled in Company common stock on a one-for-one basis upon vesting.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a small number of shares relative to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/05/2023 | Date the 2,402 DSUs were granted to the Reporting Person. |
| 05/02/2024 | Date of the reported transactions: vesting of 2,402 DSUs and acquisition of 1,705 DSUs. |
| 05/06/2024 | Date of signature on the Form 4 filing. |
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