Form 4: Brink's EVP Acquires Program Units in Deferral Plan

Brink's Executive Vice President, Guillermo Eduardo Peschard Mijares, acquired 43.54 Program Units as part of a key employees' deferral compensation program.

Summary

• Guillermo Eduardo Peschard Mijares, Executive Vice President of The Brink's Co. (BCO), acquired 43.54 Program Units.
• The transaction occurred on October 31, 2025, as part of the Key Employees' Deferral Compensation Program.
• Each Program Unit is the economic equivalent of one share of BCO common stock and will settle on a one-for-one basis.
• The units were credited to the reporting person's stock incentive account based on a share price of $111.16.
• Following this transaction, the reporting person beneficially owns 400.75 Program Units directly.
• Program Units are distributed upon termination of employment or on a future date selected by the reporting person.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates continued executive alignment with shareholder interests through a compensation deferral program, but it is a routine transaction and not a discretionary open-market purchase.

Positives

• The acquisition of Program Units aligns the executive's long-term interests with those of shareholders, as the units are equivalent to common stock.
• Participation in the Key Employees' Deferral Compensation Program indicates management's commitment to the company's long-term performance.

Future Outlook

The Program Units will settle in BCO common stock on a one-for-one basis and shall be distributed in accordance with the reporting person's deferral election either following termination of employment or on a future selected date.

Industry Context

This transaction is a routine executive compensation event within the financial services and security industry, reflecting standard practices for aligning executive incentives with company performance through equity-linked deferral programs.

Comparison to Industry Standards

• Many companies across various industries, including security and logistics, utilize deferred compensation plans and stock incentive programs for key employees to foster long-term commitment and align interests with shareholders. This transaction is consistent with such industry-standard practices.

Related Party Transactions

• The acquisition of Program Units is part of the Key Employees' Deferral Compensation Program, which is a standard arrangement between the company and its executive.

Stakeholder Impact

• Shareholders: Increased alignment of executive compensation with company performance, potentially fostering long-term value creation.
• Employees: Reflects standard executive compensation practices, which can influence overall employee morale and retention strategies.

Next Steps

• Program Units will be distributed in BCO common stock upon the reporting person's termination of employment or on a pre-selected future date.

Key Dates

Keywords

Brink's Co, BCO, Form 4, Insider Transaction, Executive Compensation, Stock Incentive Plan, Deferred Compensation, Program Units