Form 4: Brink's EVP & CHRO Gains Units via Dividend

Brink's Executive Vice President and Chief Human Resources Officer, Elizabeth A. Galloway, acquired 4.56 program units through a dividend payment, increasing her beneficial ownership to 2,116.13 units.

Summary

• Elizabeth A. Galloway, EVP and CHRO of The Brink's Company (BCO), acquired 4.56 derivative securities, specifically Program Units, on September 2, 2025.
• These Program Units were credited to her stock incentive account under the Key Employees' Deferred Compensation Program as a result of a dividend payment on BCO common stock.
• Each Program Unit is the economic equivalent of one share of BCO common stock and will settle on a one-for-one basis in BCO common stock.
• The units were credited based on a share price of $113.33, which was the closing price of BCO common stock on the transaction date.
• Following this transaction, Ms. Galloway beneficially owns 2,116.13 Program Units.
• Distribution of these units will occur either upon termination of employment or on a future date selected by Ms. Galloway at the time of her deferral election.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as it reflects a standard, pre-arranged executive compensation event that aligns management interests with shareholders through equity ownership, without indicating any negative operational or financial news.

Positives

• The transaction demonstrates continued executive alignment with shareholder interests through participation in the company's equity-based deferred compensation program.
• The acquisition of additional units through dividend reinvestment indicates a standard, ongoing benefit for executives participating in the program.

Future Outlook

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

Management Comments

• Program Units, which are the economic equivalent of one share of The Brink's Company common stock, are credited to the Reporting Person's stock incentive account under the Key Employees' Deferred Compensation Program.
• These units will settle in BCO common stock on a one-for-one basis and be distributed in accordance with the Reporting Person's deferral election, either upon termination of employment or on a selected future date.
• Program Units were credited to the account as a result of a dividend payment with respect to BCO common stock, calculated based on the closing share price of $113.33 on the transaction date.

Industry Context

This transaction is a routine insider filing reflecting executive compensation practices, specifically the crediting of deferred compensation units due to dividend payments, which is a common feature in executive incentive programs across various industries to align management interests with shareholder returns.

Related Party Transactions

• Elizabeth A. Galloway, an executive officer (EVP and CHRO) of The Brink's Company, received 4.56 Program Units as part of her participation in the Key Employees' Deferred Compensation Program, which is a standard compensation arrangement between the company and its executive.

Stakeholder Impact

• Shareholders: The transaction is a routine part of executive compensation and aligns executive interests with shareholder value through equity ownership, with minimal direct impact on current share price or company operations.
• Employees: The filing pertains to executive compensation and does not directly impact the broader employee base beyond the specific program participants.

Next Steps

• The Program Units will be held in the reporting person's account until settlement, which will occur either upon termination of employment or on a pre-selected future date.

Key Dates

Keywords

Brink's Company, BCO, SEC Form 4, Insider Transaction, Executive Compensation, Deferred Compensation, Program Units, Dividend Reinvestment, Elizabeth A. Galloway