Form 4: Brink's EVP James K. Parks Reports Acquisition of Program Units

James K. Parks, EVP of Brink's, reports the acquisition of 46.43 program units, economically equivalent to shares of BCO common stock, through a deferred compensation program.

Summary

• On January 31, 2025, James K. Parks, an EVP at Brink's (BCO), acquired 46.43 program units through the Key Employees' Deferred Compensation Program.
• These program units are economically equivalent to shares of Brink's common stock and will be settled on a one-for-one basis.
• The acquisition occurred as part of the monthly conversion of deferred compensation into program units.
• The price per unit was $93.33, based on the closing price of BCO common stock on the last trading day of the month.
• Following the transaction, Parks directly owns 16,890.67 program units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects routine insider activity related to compensation, indicating alignment between management and shareholders.

Positives

• The acquisition of program units reflects Parks' continued investment in Brink's.
• The deferred compensation program aligns executive incentives with shareholder value.

Future Outlook

The program units will be settled in BCO common stock upon termination of employment or on a future date selected by Parks.

Industry Context

Form 4 filings are routine disclosures of insider transactions, providing transparency into executive compensation and ownership.

Stakeholder Impact

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

Key Dates

Keywords

Form 4, Brink's, BCO, James K. Parks, program units, deferred compensation, executive compensation, insider trading