Form 4: Bristow Group Director Lorin Brass Discloses Sale of Company Stock Under Pre-Arranged Plan
Insider Trading Disclosure
Bristow Group Inc. Director Lorin L. Brass reported the sale of 1,228 shares of common stock for approximately $41,138 through pre-arranged trading plans.
Summary
- Lorin L. Brass, a Director of Bristow Group Inc. (VTOL), reported the sale of company common stock.
- On June 20, 2025, Mr. Brass sold 97 shares at a price of $33.5 per share.
- On June 23, 2025, an additional 1,131 shares were sold at $33.5 per share.
- The total number of shares sold across these two transactions is 1,228.
- The total value of the shares sold amounts to approximately $41,138.
- Following these transactions, Mr. Brass beneficially owns 31,955 shares of Bristow Group Inc. common stock.
- The transactions were made pursuant to a Rule 10b5-1(c) pre-arranged trading plan.
Sentiment
Score: 5
Explanation: Neutral. While an insider sale is generally a slight negative, the small volume and the fact it was executed under a Rule 10b5-1 plan mitigate any strong negative sentiment, suggesting it's a routine personal financial transaction rather than a signal about company performance.
Positives
- The transactions were conducted under a Rule 10b5-1(c) plan, indicating they were pre-scheduled and not based on new, non-public information.
Negatives
- A Director sold a total of 1,228 shares of common stock, which could be perceived as a slight negative signal by some investors, although the amount is relatively small.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- The reported transactions are sales of common stock by a Director of Bristow Group Inc., which are considered related party transactions due to the insider's relationship with the company.
Stakeholder Impact
- Shareholders: May interpret the insider sale as a slight negative signal, though the small volume and 10b5-1 plan mitigate significant concern.
- Employees, Customers, Suppliers, Creditors: Unlikely to be directly impacted by this routine insider transaction disclosure.
Key Dates
| Date | Description |
|---|---|
| 06/20/2025 | Date of first reported stock sale by Lorin L. Brass. |
| 06/23/2025 | Date of second reported stock sale by Lorin L. Brass. |
| 06/24/2025 | Date the Form 4 filing was signed. |
Recommendation
holdKeywords
Bristow Group Inc., VTOL, SEC Form 4, Insider Trading, Stock Sale, Director, Lorin L. Brass, Equity Transaction, Rule 10b5-1
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