Form 4: Brinks EVP & General Counsel, Lindsay K. Blackwood, Reports Share Transactions

Lindsay K. Blackwood, EVP & General Counsel of Brinks Co, reports acquisition and disposal of common stock related to performance share units and tax withholding.

Summary

• On February 19, 2025, Lindsay K. Blackwood, EVP & General Counsel of Brinks Co, reported transactions involving Brinks Co common stock.
• These transactions include the acquisition of 7,566 Internal Metric Performance Share Units (IM PSUs) and 1,754 relative Total Shareholder Return Performance Share Units (rTSR PSUs) granted in February 2022, which vested after the performance period ended December 31, 2024.
• The company withheld 3,324 and 756 shares of common stock, respectively, to cover tax obligations related to the settlement of the IM PSUs and rTSR PSUs at a price of $94.59 per share.
• Following these transactions, Blackwood directly owns 15,910 shares of Brinks Co common stock, which includes restricted stock units that have not yet vested.

Sentiment

Score: 5

Explanation: The document reflects standard executive compensation practices and SEC reporting requirements, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock. It is standard practice for executives to receive stock-based compensation and for companies to withhold shares to cover tax obligations.

Stakeholder Impact

• The transactions have a minor impact on shareholders, reflecting standard executive compensation practices.

Key Dates

Keywords

Form 4, Beneficial Ownership, Insider Trading, Brinks Co, BCO, Lindsay K. Blackwood, EVP & General Counsel, IM PSU, rTSR PSU, Stock Options, Tax Withholding