Form 4: Brink's EVP Daniel J. Castillo Reports Acquisition of Program Units

EVP Daniel J. Castillo reports acquisition of Program Units equivalent to 66.58 shares of Brink's common stock through a deferred compensation program.

Summary

• Daniel J. Castillo, an EVP at Brink's Co, reported the acquisition of Program Units equivalent to 66.58 shares of Brink's common stock on July 31, 2024.
• These Program Units were credited to his stock incentive account under the Key Employees' Deferred Compensation Program.
• The units will settle in BCO common stock on a one-for-one basis upon termination of employment or on a future date selected by Castillo.
• The price per share used for calculating the number of Program Units was $109.99, the closing price of BCO common stock on the last trading day of the month.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard executive compensation disclosure.

Future Outlook

The Program Units will settle in BCO common stock on a one-for-one basis upon termination of employment or on a future date selected by Castillo.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for companies offering deferred compensation programs.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the issuance of a small number of shares under an existing compensation plan.
• Employees participating in the deferred compensation program benefit from the opportunity to defer income and accumulate company stock.

Key Dates