Form 4: Brink's Director Michael Herling Acquires Additional Stock Units Through Dividend Reinvestment

Director Michael Herling acquired additional stock units in Brink's through a dividend reinvestment under the Directors' Stock Accumulation Plan.

Summary

• Michael Herling, a director of Brink's Co [BCO], acquired additional DSAP Units on June 3, 2024, through a dividend payment.
• The acquisition was made under the terms of the Directors' Stock Accumulation Plan (DSAP).
• A total of 13.85 DSAP Units were credited to Herling's account.
• The price per unit was $103.03, based on the closing price of BCO common stock on June 3, 2024.
• Following the transaction, Herling beneficially owns 5,899.56 DSAP Units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The director's participation in the DSAP indicates confidence in the company. The transaction itself is routine and expected.

Positives

• The director's participation in the DSAP demonstrates confidence in the company's future.

Future Outlook

The reporting person will be entitled to receive a distribution in The Brink's Company common stock with respect to all units in the Reporting Person's account on a one-for-one basis following the Reporting Person's termination of service as a director.

Industry Context

Directors commonly participate in stock accumulation plans to align their interests with those of shareholders, reflecting a long-term commitment to the company's success.

Stakeholder Impact

• The transaction signals to shareholders that the director has a vested interest in the company's performance.

Key Dates