BCO.NYSEBrinks CO

Form 4: Brinks CEO Richard Eubanks Reports Share Transactions

Sentiment:

SEC Form 4 Filing

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Richard Eubanks, CEO of Brinks Co, reports acquisition and disposal of company shares related to performance share units and tax obligations.

Summary

  • On February 16, 2023, Richard Eubanks acquired 28,014 shares of Brinks Co common stock related to Internal Metric Performance Share Units (IM PSUs) granted in February 2021.
  • The performance period for these units ended December 31, 2022, and the performance criteria were certified on February 16, 2023.
  • On February 24, 2024, 11,053 shares were disposed of to satisfy tax withholding obligations related to the settled IM PSUs at a price of $82 per share.
  • Following these transactions, Eubanks directly owns 57,343 shares of Brinks Co common stock, including unvested Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to track management's sentiment and alignment with company performance.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding executive compensation and share ownership.

Key Dates

DateDescription
February 2021Internal Metric Performance Share Units (IM PSUs) granted.
December 31, 2022Performance period ended for IM PSUs.
February 16, 2023Performance criteria for IM PSUs certified.
February 16, 2023Acquisition of 28,014 shares related to IM PSUs.
February 24, 2024Disposal of 11,053 shares for tax withholding at $82 per share.
February 27, 2024Date of Form 4 filing.

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