Form 4: Brink's EVP Guillermo Eduardo Peschard Mijares Reports Stock Incentive Account Activity
SEC Form 4 Filing
Guillermo Eduardo Peschard Mijares, EVP of Brink's, reports the acquisition of program units under the Key Employees' Deferred Compensation Program.
Summary
- On March 31, 2025, Guillermo Eduardo Peschard Mijares, an EVP at Brink's, acquired 48.84 program units under the Key Employees' Deferred Compensation Program.
- 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 unit is based on the closing price of BCO common stock on the final trading day of the month, which was $86.16.
- The reporting person now directly owns 93.15 program units.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects routine executive compensation practices and alignment of interests with shareholders.
Positives
- The acquisition of program units reflects ongoing participation in the company's compensation program.
- The deferred compensation program aligns the executive's interests with those of the shareholders.
Future Outlook
The program units will be settled in BCO common stock 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 is typical for companies with deferred compensation programs.
Stakeholder Impact
- The acquisition of program units aligns the executive's interests with those of the shareholders, potentially driving long-term value.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Acquisition of program units. |
| 04/02/2025 | Date of report filing. |
Keywords
Form 4, Brink's, BCO, Guillermo Eduardo Peschard Mijares, EVP, Stock Incentive Account, Program Units, Deferred Compensation, Beneficial Ownership
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