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

EVP James K. Parks reports acquisition of program units convertible to Brink's common stock through deferred compensation program.

Summary

• James K. Parks, an EVP at Brink's Co [BCO], reported the acquisition of program units, which are the economic equivalent of BCO common stock, through the Key Employees' Deferred Compensation Program.
• On March 31, 2025, Parks acquired 433.82 program units, 14.06 program units, and 72.51 program units at a price of $86.16 per unit.
• These units are credited to Parks' stock incentive account and will settle in BCO common stock on a one-for-one basis upon termination of employment or on a future date selected by Parks.
• Following these transactions, Parks directly owns 17,503.42 program units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding executive compensation, indicating a neutral sentiment.

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 Parks.

Industry Context

This filing is a routine disclosure related to executive compensation and deferred compensation programs, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it relates to executive compensation and potential future dilution upon settlement of the program units.

Key Dates

Keywords

Form 4, Beneficial Ownership, BRINKS CO, BCO, James K. Parks, Program Units, Deferred Compensation, Stock Incentive Account