Form 4: Bristow Group COO Stuart Stavley Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
COO of Bristow Group, Stuart Stavley, reports disposing of shares to cover tax liabilities upon vesting of restricted stock units.
Summary
- Stuart Stavley, COO of Offshore Energy Services at Bristow Group Inc., reported the disposal of common stock on March 8, 2025, and March 10, 2025, to cover tax liabilities.
- On March 8, 2025, 920 shares were disposed of at a price of $32.6.
- On March 10, 2025, 946 shares were disposed of at a price of $31.57.
- Following these transactions, Stavley directly owns 82,266 shares of Bristow Group Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations of an executive.
Key Dates
| Date | Description |
|---|---|
| March 12, 2024 | Date of original Form 4 filing reporting the grant of restricted stock units, first portion. |
| March 14, 2023 | Date of original Form 4 filing reporting the grant of restricted stock units, second portion. |
| 03/08/2025 | Date of transaction where 920 shares of common stock were disposed of. |
| 03/10/2025 | Date of transaction where 946 shares of common stock were disposed of. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.