Form 4: Bristow Group Director Lorin L. Brass Sells Shares in Open Market Transactions
SEC Form 4 Filing
Director Lorin L. Brass of Bristow Group Inc. executed sales of common stock on March 18 and 19, 2024, reducing his holdings.
Summary
- Lorin L. Brass, a director of Bristow Group Inc., reported the sale of company stock in two transactions.
- On March 18, 2024, Brass sold 200 shares of common stock at a price of $26 per share.
- On March 19, 2024, he sold 7,500 shares at a weighted average price of $25.6462 per share, with individual prices ranging from $25.50 to $25.90.
- Following these transactions, Brass directly owns 26,388 shares of Bristow Group Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating insider trading activity. It's neutral in sentiment as it simply reports transactions.
Industry Context
Insider trading activity is always closely watched by investors as it can provide signals, though not always definitive, about a company's prospects. In this case, it is a director selling shares.
Stakeholder Impact
- Shareholders may react to the insider selling activity, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Director Lorin L. Brass sold 200 shares of Bristow Group Inc. common stock at $26 per share. |
| 03/19/2024 | Director Lorin L. Brass sold 7,500 shares of Bristow Group Inc. common stock at a weighted average price of $25.6462 per share. |
| 03/20/2024 | Date of 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.