SCHEDULE: Bristow Group: Solus Sells More Shares

Solus Alternative Asset Management LP and related entities have disclosed further open market sales of Bristow Group Inc. common stock, reducing their beneficial ownership to 9.61%.

Summary

• This filing is an amendment to a Schedule 13D, reporting changes in beneficial ownership of Bristow Group Inc. common stock.
• Solus Alternative Asset Management LP, Solus GP LLC, and Christopher Pucillo (collectively, the 'Reporting Persons') have reduced their aggregate beneficial ownership.
• As of July 31, 2026, the Reporting Persons beneficially own 2,849,710 shares of common stock, representing 9.61% of the outstanding shares.
• This percentage is based on 29,642 thousand shares outstanding as of June 30, 2026, per the Issuer's Form 10-Q filed August 5, 2026.
• The transactions reported in the past sixty days involved the sale of shares in the open market.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a neutral to slightly negative filing, primarily due to the continued, albeit reduced, selling activity by a significant shareholder and the lack of positive strategic updates.

Positives

• The Reporting Persons still hold a significant stake (9.61%) in Bristow Group Inc., indicating continued interest.
• The sales are being conducted in the open market, suggesting a controlled divestment rather than a distressed sale.

Negatives

• The filing details continued sales of Bristow Group Inc. common stock by Solus Alternative Asset Management LP and related entities.
• The aggregate beneficial ownership has decreased, indicating a reduction in the stake held by these significant shareholders.

Risks

• Continued selling pressure from a major shareholder could negatively impact the stock price.
• The lack of new strategic information or positive developments in this amendment suggests a static or potentially deteriorating outlook from the perspective of the selling entity.

Future Outlook

This filing is an amendment to a Schedule 13D and does not contain forward-looking statements or specific future guidance from Bristow Group Inc. management. The information pertains to past transactions and current beneficial ownership.

Industry Context

StockSavvy.ai notes that Schedule 13D filings typically signal significant ownership stakes or changes in control. The continued sales by Solus Alternative Asset Management LP, a known activist or significant investor, suggest a potential lack of confidence in the near-term prospects of Bristow Group Inc. from their perspective, or a strategic reallocation of capital.

Stakeholder Impact

• Shareholders may experience downward pressure on the stock price due to continued selling by a significant stakeholder.
• Potential investors may view the ongoing sales as a signal of caution regarding Bristow Group's future performance.

Next Steps

• The Reporting Persons will provide full information regarding the number of shares sold at each separate price to the SEC upon request.

Key Dates

Recommendation

The filing indicates continued divestment by a significant shareholder, which can exert downward pressure on the stock price. However, the remaining 9.61% stake suggests they are not exiting entirely, and without other negative catalysts or positive news, a 'hold' position is prudent, awaiting further developments or a clearer strategic direction from the company.

Keywords

Bristow Group, Schedule 13D, Beneficial Ownership, Solus Alternative Asset Management, Christopher Pucillo, Stock Sale, Divestment