Michael E. Sweeney - 16 Feb 2023 Form 4 Insider Report for BRINKS CO (BCO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Feb 2024, 17:56:41 UTC
Prior SEC filing
05 Dec 2022
Next SEC filing
28 Feb 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Beth Davis, Attorney-in-Fact

Key filing fact

Michael E. Sweeney filed Form 4 for BRINKS CO (BCO) on 27 Feb 2024.

Key facts

  • This page summarizes Michael E. Sweeney's Form 4 filing for BRINKS CO (BCO).
  • 7 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 27 Feb 2024, 17:56.

Change

  • Previous filing in this sequence was filed on 05 Dec 2022.
  • Current net transaction value: -$74,210.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BCO transaction

Common Stock

Award

Transaction value
$0
Shares
+2,544
Change %
+36%
Price
$0.000000
Shares after
9,612
Date
16 Feb 2023
Ownership
Direct
Footnotes
F1, F2, F3
BCO transaction

Common Stock

Tax liability

Transaction value
$62,812
Shares
-766
Change %
-8%
Price
$82.00
Shares after
8,846
Date
24 Feb 2024
Ownership
Direct
Footnotes
F3, F4
BCO transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-227
Change %
-2.6%
Price
Shares after
8,619
Date
24 Feb 2024
Ownership
Direct
Footnotes
F3, F5
BCO transaction

Common Stock

Tax liability

Transaction value
$11,398
Shares
-139
Change %
-1.6%
Price
$82.00
Shares after
8,480
Date
24 Feb 2024
Ownership
Direct
Footnotes
F3, F6
BCO transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-37
Change %
-0.44%
Price
Shares after
8,443
Date
24 Feb 2024
Ownership
Direct
Footnotes
F3, F7

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BCO transaction Derivative

Program Units

Disposed to Issuer

Transaction value
Shares
+227
Change %
+175%
Price
Shares after
357
Date
24 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
227
Exercise price
Footnotes
F5, F8
BCO transaction Derivative

Program Units

Disposed to Issuer

Transaction value
Shares
+37
Change %
+10%
Price
Shares after
394
Date
24 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
37
Exercise price
Footnotes
F7, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Represents Internal Metric Performance Share Units ("IM PSUs") granted in February 2021, for which the performance period ended December 31, 2022, and for which the performance criteria were certified as being satisfied on February 16, 2023.

Footnote F2

Reflects the ownership of the reporting person as of his last filed Form 4 and then accounting for the transaction reported in this row.

Footnote F3

Includes Restricted Stock Units that have not yet vested.

Footnote F4

The Brink's Company ("BCO") withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's IM PSUs that settled on February 24, 2024.

Footnote F5

In connection with the vesting on February 24, 2024 of IM PSUs previously granted to the Reporting Person, the Reporting Person's receipt of 227 shares of BCO common stock was deferred, resulting in 227 Program Units (each of which is the economic equivalent of one share of BCO common stock) credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferred Compensation Program (the "Program"). The Reporting Person is therefore reporting the disposition of 227 shares of BCO common stock in exchange for an equal number of Program Units.

Footnote F6

BCO withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units that vested on February 24, 2024.

Footnote F7

In connection with the vesting on February 24, 2024 of Restricted Stock Units previously granted to the Reporting Person, the Reporting Person's receipt of 37 shares of BCO common stock was deferred, resulting in 37 Program Units credited to the Reporting Person's stock incentive account under the terms of the Program. The Reporting Person is therefore reporting the disposition of 37 shares of BCO common stock in exchange for an equal number of Program Units.

Footnote F8

Program Units credited to the Reporting Person's stock incentive account under the terms of the Program will settle in BCO common stock on a one-for-one basis and shall be distributed in accordance with the Reporting Person's deferral election either (1) following the Reporting Person's termination of employment with BCO or (2) on a future date selected by the Reporting Person at the time of his or her deferral election.

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