Form 4: Solus Alternative Asset Management LP Reduces Stake in Bristow Group Inc.

Solus Alternative Asset Management LP reports the sale of Bristow Group Inc. common stock, reducing its holdings.

Summary

• Solus Alternative Asset Management LP, along with related entities, filed a Form 4 detailing changes in beneficial ownership of Bristow Group Inc. stock.
• On March 19, 2025, 9,875 shares of common stock were sold at a weighted average price of $32.0785 per share.
• On March 20, 2025, an additional 4,168 shares were sold at a weighted average price of $32.1512 per share.
• Following these transactions, the reported beneficial ownership stands at 3,162,653 shares.
• The shares are held by various funds and accounts managed by Solus Alternative Asset Management LP and its affiliates, with beneficial ownership disclaimed by the Solus Clients.

Sentiment

Score: 5

Explanation: Neutral sentiment as it simply reports a transaction. The sale itself could be interpreted in various ways, but the filing is purely factual.

Negatives

• Solus Alternative Asset Management LP reduced its stake in Bristow Group Inc.

Industry Context

This filing reflects changes in institutional ownership, which is a common occurrence and monitored by investors for insights into investor sentiment and potential future stock performance.

Stakeholder Impact

• Shareholders may react to the news of Solus Alternative Asset Management LP reducing its stake in Bristow Group Inc.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Sale, Solus Alternative Asset Management, Bristow Group Inc., VTOL