BCO.NYSEBrinks CO

Form 4: Brinks Controller Michael Sweeney Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Michael Sweeney, Controller of Brinks Co, reports the acquisition and disposition of common stock and program units related to vested Internal Metric Performance Share Units (IM PSUs).

Summary

  • On February 19, 2025, Michael Sweeney, Controller of Brinks Co, reported transactions involving Brinks common stock.
  • Sweeney acquired 3,404 shares of common stock at $94.59 related to vested Internal Metric Performance Share Units (IM PSUs) granted in February 2022.
  • He also disposed of 997 shares to cover tax withholding obligations related to the IM PSU settlement at a price of $94.59.
  • Additionally, Sweeney deferred the receipt of 332 shares into Program Units under the Key Employees' Deferred Compensation Program.
  • Following these transactions, Sweeney beneficially owns 11,530 shares of common stock and 794.65 Program Units.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

Program Units will settle in common stock on a one-for-one basis upon termination of employment or on a future date selected by the Reporting Person.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation adjustments.

Key Dates

DateDescription
February 2022Grant date of Internal Metric Performance Share Units (IM PSUs)
December 31, 2024End of performance period for IM PSUs
02/19/2025Date of stock transactions: acquisition of shares, tax withholding, and deferral into Program Units
02/21/2025Date of signature by Attorney-in-Fact

Keywords

Form 4, Brinks Co, BCO, Michael Sweeney, Stock Transactions, Internal Metric Performance Share Units, IM PSU, Key Employees' Deferred Compensation Program, Program Units, Controller

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