Form 4: Bristow Group CEO Sells Shares to Cover Tax Liability on RSU Vesting
Insider Transaction Report
Bristow Group Inc.'s President and CEO, Christopher Scott Bradshaw, disposed of 6,602 shares of common stock at $29.26 per share to cover tax obligations related to the vesting of restricted stock units.
Summary
- Christopher Scott Bradshaw, President and CEO, and a Director of Bristow Group Inc. (VTOL), reported a transaction on June 1, 2025.
- The transaction involved the disposition of 6,602 shares of Bristow Group Common Stock.
- These shares were sold at a price of $29.26 per share.
- The purpose of the disposition was to cover the associated tax liability upon the vesting of the third portion of a previously granted restricted stock unit award.
- This RSU grant was originally reported in a Form 4 filed on June 3, 2022.
- Following this transaction, Mr. Bradshaw beneficially owns 403,564 shares of Bristow Group Common Stock directly.
Sentiment
Score: 5
Explanation: The document reports a routine, non-discretionary insider transaction for tax purposes related to RSU vesting. This is a neutral event with no direct positive or negative implications for the company's operational or financial performance.
Future Outlook
The document does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This Form 4 filing details a routine insider transaction related to executive compensation and tax compliance, which is common across all industries for publicly traded companies with RSU programs. It does not provide specific insights into broader industry trends or competitive dynamics within the aviation services or helicopter transport sector.
Stakeholder Impact
- Shareholders: The transaction is a routine tax-related disposition by an executive and does not indicate a change in management's confidence or a significant shift in ownership structure. The number of shares disposed of is a small fraction of the total shares beneficially owned by the CEO.
Key Dates
| Date | Description |
|---|---|
| 06/03/2022 | Original filing date of the Form 4 reporting the restricted stock unit grant. |
| 06/01/2025 | Date of the reported transaction where shares were disposed of for tax withholding. |
| 06/03/2025 | Signature date of the current Form 4 filing. |
Keywords
Bristow Group, VTOL, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation, Christopher Scott Bradshaw
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