Form 4: Bristow Group Inc. Executive Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Elizabeth Matthews, a Senior Vice President at Bristow Group Inc., reports acquisition and disposal of common stock related to restricted stock units.
Summary
- On March 8, 2024, Elizabeth Matthews acquired 10,534 shares of Bristow Group Inc. common stock at $0.
- These shares were related to restricted stock units vesting in three equal annual installments starting March 8, 2025.
- On March 10, 2024, she disposed of 1,331 shares at $25.63 to cover tax liabilities associated with the vesting of a previous grant of restricted stock units.
- Following these transactions, Matthews beneficially owns 23,632 shares of Bristow Group Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions related to executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Acquisition of 10,534 shares of common stock. |
| 03/10/2024 | Disposal of 1,331 shares of common stock to cover tax liability. |
| 03/12/2024 | Date of signature for the Form 4 filing. |
| 03/08/2025 | First vesting date of restricted stock units. |
| 03/08/2026 | Second vesting date of restricted stock units. |
| 03/08/2027 | Third vesting date of restricted stock units. |
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