Form 4: Bristow Group Executive Stuart Stavley Reports Stock Transactions Following PSU Vesting

Sentiment:

SEC Form 4 Filing


Stuart Stavley, COO of Offshore Energy Services at Bristow Group Inc., reports the vesting of performance-based stock units and subsequent stock transactions.

Summary

  • On May 15, 2025, Stuart Stavley, COO of Offshore Energy Services at Bristow Group Inc., had shares of common stock vest due to the satisfaction of performance criteria related to Cash Return on Invested Capital (ROIC) and Relative Total Stockholder Return (RTSR) performance-based stock units (PSUs).
  • A total of 5,230 shares vested from Cash ROIC PSUs and 4,587 shares vested from RTSR PSUs, both granted on June 1, 2022, under the company's 2021 Equity Incentive Plan.
  • Following the vesting, 1,274 shares were withheld to cover tax liabilities associated with the Cash ROIC PSUs, and 1,117 shares were withheld for tax liabilities related to the RTSR PSUs.
  • After these transactions, Stavley directly owns 89,692 shares of Bristow Group Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to vested stock units. The vesting itself suggests the company met certain performance targets, which is mildly positive, but the filing is primarily informational.

Positives

  • The vesting of performance-based stock units indicates that the company has met certain performance criteria, which could be viewed positively by investors.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. These filings are closely watched by investors to gauge management's sentiment and potential future performance of the company.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity.

Key Dates

DateDescription
2022-06-01Date the Cash ROIC PSUs and RTSR PSUs were granted to the Reporting Person under the terms of the Issuer's 2021 Equity Incentive Plan.
2025-05-15Date of the transactions: vesting of Cash ROIC and RTSR PSUs, and withholding of shares for tax liabilities.
2025-05-19Date of signature on the Form 4 filing.

Keywords

Form 4, Stock Vesting, PSUs, Stuart Stavley, Bristow Group Inc., VTOL, Insider Trading, Equity Incentive Plan, Cash ROIC, RTSR

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