Form 4: Brinks EVP Daniel Castillo Reports Acquisition of Program Units

Daniel Castillo, EVP of Brinks, reports the acquisition of program units representing deferred compensation converted into Brinks common stock equivalents.

Summary

• On March 31, 2025, Daniel J. Castillo, EVP of The Brinks Company, acquired program units under the Key Employees' Deferred Compensation Program.
• These program units are the economic equivalent of Brinks common stock and will settle on a one-for-one basis upon termination of employment or on a future date selected by the reporting person.
• The acquisitions occurred as a result of deferred compensation and matching amounts being converted into program units.
• The price per share used for conversion was $86.16, the closing price of BCO common stock on the final trading day of the month.
• Castillo acquired 518.14, 14.06, and 209.98 program units in three separate transactions.
• Following these transactions, Castillo directly owns 3,205.19 program units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The acquisition of program units reflects participation in the company's deferred compensation program, aligning executive incentives with company performance.

Future Outlook

The program units will settle into 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 offering deferred compensation programs.

Stakeholder Impact

• The acquisition of program units aligns executive interests with shareholder value.

Key Dates

Keywords

Form 4, Brinks, BCO, Daniel Castillo, EVP, Program Units, Deferred Compensation, Beneficial Ownership, Securities