Form 4: Bristow CFO Whalen Reports Stock Transactions

Sentiment:

Insider Transaction Report


Bristow Group's SVP and CFO, Jennifer Dawn Whalen, reported the acquisition of restricted stock units and the disposition of shares for tax purposes.

Summary

  • Jennifer Dawn Whalen, SVP and CFO of Bristow Group Inc. (VTOL), reported transactions involving the company's common stock.
  • On March 2, 2026, Ms. Whalen acquired 9,582 shares of common stock, which are restricted stock units (RSUs) with a price of $0.
  • These RSUs are scheduled to vest in three equal annual installments on March 2, 2027, March 2, 2028, and March 2, 2029.
  • Following this acquisition, Ms. Whalen's beneficial ownership of common stock increased to 117,173 shares.
  • On March 3, 2026, Ms. Whalen disposed of 1,068 shares of common stock at a price of $45.55 per share.
  • This disposition was to cover the associated tax liability upon the vesting of the first portion of a previous RSU grant, originally reported on March 5, 2025.
  • After the disposition, Ms. Whalen's beneficial ownership of common stock was 116,105 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It represents a standard disclosure of insider equity transactions, which are routine and do not typically signal significant positive or negative company developments.

Positives

  • The acquisition of 9,582 restricted stock units indicates continued equity incentive for a key executive, aligning management interests with shareholder value.

Negatives

  • The disposition of 1,068 shares was for tax withholding purposes, which is a standard practice upon RSU vesting and not indicative of a negative outlook.

Future Outlook

The restricted stock units granted to Jennifer Dawn Whalen are scheduled to vest in three equal annual installments on March 2, 2027, March 2, 2028, and March 2, 2029, indicating a long-term incentive structure.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions and typically do not provide broad industry insights. These transactions reflect individual executive compensation and tax management rather than company-wide strategic shifts or industry trends.

Stakeholder Impact

  • Shareholders: The grant of restricted stock units aligns the interests of a key executive with long-term shareholder value, as the executive's compensation is tied to the company's stock performance. The disposition for tax purposes is a standard event and has minimal impact.

Next Steps

  • The restricted stock units will vest in three equal annual installments on March 2, 2027, March 2, 2028, and March 2, 2029.

Key Dates

DateDescription
03/05/2025Date of original filing for a previous restricted stock unit grant.
03/02/2026Acquisition date of 9,582 restricted stock units by Jennifer Dawn Whalen.
03/03/2026Disposition date of 1,068 shares for tax withholding purposes.
03/04/2026Signature date of the Form 4 filing by Jennifer Dawn Whalen's attorney-in-fact.
03/02/2027First vesting date for the newly acquired restricted stock units.
03/02/2028Second vesting date for the newly acquired restricted stock units.
03/02/2029Third vesting date for the newly acquired restricted stock units.

Keywords

Bristow Group Inc., VTOL, Jennifer Dawn Whalen, SVP CFO, Form 4, Insider Transaction, Restricted Stock Units, Equity Compensation, Stock Ownership

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