Form 4: Brinks EVP & General Counsel Reports Stock Transactions

Lindsay K. Blackwood, EVP & General Counsel of Brinks Co, reports the acquisition and disposal of company stock to cover tax obligations related to vested performance share units and restricted stock units.

Summary

• On February 16, 2023, Lindsay K. Blackwood was granted 2,542 Internal Metric Performance Share Units (IM PSUs) which vested after the performance period ended December 31, 2022.
• On February 24, 2024, Ms. Blackwood disposed of 1,165 shares of common stock at $82 to satisfy tax withholding obligations for the IM PSUs.
• Also on February 24, 2024, Ms. Blackwood disposed of 109 shares of common stock at $82 to satisfy tax withholding obligations for restricted stock units that vested.
• Following these transactions, Ms. Blackwood beneficially owns 8,842 shares of Brinks Co common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions for tax purposes, and does not indicate a particularly positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect the executive's compensation and tax obligations.
• The filing provides transparency to shareholders regarding insider transactions.

Key Dates