Form 4: Brink's EVP Daniel J. Castillo Reports Stock Incentive Account Activity

EVP Daniel J. Castillo reports activity in his Brink's Company stock incentive account, acquiring program units equivalent to common stock through deferred compensation.

Summary

• Daniel J. Castillo, an EVP at Brink's Co [BCO], reported changes in his beneficial ownership of company securities on December 31, 2024.
• The transaction involved the acquisition of Program Units under the Key Employees' Deferred Compensation Program.
• 78.94 Program Units, each equivalent to one share of Brink's common stock, were credited to Castillo's stock incentive account.
• The price per unit was $92.77, based on the closing price of BCO common stock on the final trading day of the month.
• Following the transaction, Castillo directly owns 2,276.12 Program Units.
• These Program Units will settle in BCO common stock upon termination of employment or on a future date selected by Castillo.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices and doesn't indicate any significant positive or negative events. It's a neutral update on stock ownership.

Positives

• The acquisition of Program Units reflects ongoing participation in the company's deferred compensation program.
• The deferred compensation program allows key employees to accumulate company stock.

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.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates