Form 4: Brink's Director Paul G. Boynton Acquires Additional Company Stock Through Deferred Compensation Plan

Director Paul G. Boynton acquired 180 plan units, equivalent to shares of Brink's common stock, through a deferred compensation plan.

Summary

• On January 1, 2025, Paul G. Boynton, a director of Brink's Co [BCO], acquired 180 plan units under the company's Plan for Deferral of Directors' Fees.
• These units are the economic equivalent of Brink's common stock and will be settled on a one-for-one basis.
• The acquisition was part of Boynton's quarterly compensation for service on the Company's Board and Committees, which he elected to defer under the Plan.
• The price per unit was $92.77, based on the closing price of BCO common stock on the final trading day of the quarter.
• Following the transaction, Boynton directly owns 9,539.32 units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating stability and alignment of interests. It is neither overwhelmingly positive nor negative.

Positives

• The director's participation in the deferred compensation plan demonstrates confidence in the company's future performance.

Future Outlook

The plan units will settle in BCO common stock on a one-for-one basis, distributed either upon termination of service or on a future date selected by the reporting person.

Industry Context

Directors often receive stock or stock options as part of their compensation packages, aligning their interests with those of shareholders. Deferred compensation plans are a common way to manage the timing of income recognition and taxes.

Comparison to Industry Standards

• Director compensation packages vary widely across industries and company sizes.
• Stock-based compensation is a common practice among publicly traded companies to incentivize directors and align their interests with shareholders.
• Deferred compensation plans are frequently used by companies to attract and retain top talent, allowing directors to defer income and potentially reduce their tax burden.

Related Party Transactions

• The acquisition of plan units by the director is a related party transaction, as it involves compensation for service on the Company's Board and Committees.

Stakeholder Impact

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

Key Dates