Form 4: Brink's EVP Daniel J. Castillo Reports Changes in Beneficial Ownership

Executive Vice President of Brink's, Daniel J. Castillo, reports acquisition of program units due to dividend payment.

Summary

• On June 3, 2024, Daniel J. Castillo, an Executive Vice President at Brink's Co [BCO], acquired 4 Program Units as a result of a dividend payment.
• These Program Units are the economic equivalent of Brink's common stock and will be settled on a one-for-one basis.
• The price per share used for calculating the Program Units was $103.03, the closing price of BCO common stock on June 3, 2024.
• Following the transaction, Castillo beneficially owns 1,773.29 Program Units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment with shareholder interests through stock ownership. There are no indications of negative events or concerns.

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 the reporting person.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It reflects standard practices for aligning executive incentives with shareholder value through stock-based compensation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning executive interests with company performance.

Key Dates