Form 4: Bristow Group Inc. Executive Richard E. Tatum Reports Stock Transaction
SEC Form 4 Filing
Richard E. Tatum, VP and Chief Accounting Officer of Bristow Group Inc., reports the disposal of 990 shares to cover tax liabilities upon vesting of restricted stock units.
Summary
- On March 10, 2024, Richard E. Tatum, VP and Chief Accounting Officer of Bristow Group Inc., disposed of 990 shares of common stock to cover tax liabilities.
- The transaction was executed at a price of $25.63 per share.
- Following the transaction, Tatum directly owns 24,917 shares of Bristow Group Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction related to tax obligations from vested stock. These filings are common and provide transparency into executive stock ownership.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/14/2023 | Date of original Form 4 filing reporting the grant of restricted stock units. |
| 03/10/2024 | Date of the stock transaction (disposal of shares). |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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