Form 4: Brink's EVP & General Counsel Reports Stock Transactions
SEC Form 4 Filing
Lindsay K. Blackwood, EVP & General Counsel of Brink's Co, reports the withholding of shares for tax obligations and acquisition of program units.
Summary
- On March 1, 2024, Brink's Company (BCO) withheld 269 shares of common stock at $82.43 to cover tax obligations related to vested Restricted Stock Units.
- On March 3, 2024, BCO withheld 379 shares of common stock at $82.43 to cover tax obligations related to vested Restricted Stock Units.
- On February 29, 2024, Blackwood acquired 23.89 Program Units at a price of $82.83.
- Following these transactions, Blackwood directly owns 8,194 shares of common stock and 5,168.84 Program Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive compensation and potential alignment with shareholder interests.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the withholding of shares for tax obligations and the acquisition of program units by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Acquisition of Program Units |
| 03/01/2024 | Shares withheld for tax obligations |
| 03/03/2024 | Shares withheld for tax obligations |
| 03/04/2024 | Date of report |
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