Peschard Mijares Guillermo Eduardo 4
4 · BRINKS CO · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
BRINKS (BCO) EVP Guillermo Peschard Receives Award (232.16 Units)
What Happened
Guillermo Peschard Mijares, Executive Vice President of The Brink's Company (BCO), was credited with two grants of Program Units on 2026-03-31: 189.93 units valued at $103.63 each ($19,682) and 42.23 units at $103.63 each ($4,376), totaling 232.16 units worth roughly $24,058. These are derivative awards (code A) under Brink’s Key Employees' Deferred Compensation Program, not open-market purchases or sales.
Key Details
- Transaction date: 2026-03-31; filing date: 2026-04-02 (no late filing indicated).
- Price used to calculate units: $103.63 (closing share price on the final trading day of the month).
- Units granted: 189.93 and 42.23 (total 232.16 Program Units); total reported value ≈ $24,058.
- Shares owned after transaction: not specified in the Form 4 provided.
- Footnote summary: Program Units are economically equivalent to one share of BCO common stock, converted monthly from deferred compensation and credited to the insider’s account; they will settle one-for-one into common stock upon the reporting person’s chosen distribution date or termination of employment.
Context
These awards reflect routine conversion/crediting of deferred incentive compensation into Program Units under the company's plan, rather than a market buy or sale. Program Units are derivative credits that will be settled in common stock per the participant’s deferral election, so the grant itself does not indicate a buy/sell sentiment.
Insider Transaction Report
- Award
Program Units
[F1][F2][F3]2026-03-31$103.63/sh+189.93$19,682→ 757.5 total→ Common Stock (189.93 underlying) - Award
Program Units
[F1][F4][F3]2026-03-31$103.63/sh+42.23$4,376→ 799.73 total→ Common Stock (42.23 underlying)
Footnotes (4)
- [F1]Program Units (each of which is the economic equivalent of one share of The Brink's Company ("BCO") common stock) credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferred Compensation Program (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.
- [F2]Under the terms of the Program, the Reporting Person has chosen to defer a portion of his or her annual incentive award to an incentive account. In accordance with the terms of the Program and the Reporting Person's deferral election, certain deferred amounts and/or any matching amounts are converted into Program Units (each of which is the economic equivalent of one share of BCO common stock) and credited to the Reporting Person's account.
- [F3]The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $103.63, which is the closing price of BCO common stock on the final trading day of the month in which the deferred compensation would have been payable, calculated in accordance with the terms of the Program.
- [F4]In accordance with the terms of the Program, on the last business day of each month, compensation deferred by the Reporting Person during that month and/or any matching amounts are converted into Program Units and credited to the Reporting Person's stock incentive account.