Form 4: Solus Alternative Asset Management LP Sells 40,000 Shares of Bristow Group Inc.

Sentiment:

SEC Form 4 Filing


Solus Alternative Asset Management LP reports the sale of 40,000 shares of Bristow Group Inc. at an average price of $32.2916 per share.

Summary

  • Solus Alternative Asset Management LP sold 40,000 shares of Bristow Group Inc. common stock on March 24, 2025.
  • The shares were sold at a weighted average price of $32.2916.
  • The sale was executed in multiple transactions with prices ranging from $32.2000 to $32.4450.
  • Following the transaction, Solus Alternative Asset Management LP indirectly owns 3,122,653 shares.
  • Christopher Pucillo, as managing member of Solus GP LLC (the general partner of Solus Alternative Asset Management LP), is also reporting the transaction.
  • The reporting persons disclaim beneficial ownership of the shares except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as it simply reports a transaction. No explicit positive or negative outlook is provided.

Industry Context

This filing reflects a change in holdings by a major shareholder of Bristow Group Inc., which is relevant to investors monitoring ownership trends and potential market impacts.

Stakeholder Impact

  • The sale of shares by a significant shareholder like Solus Alternative Asset Management LP could potentially influence investor sentiment and the stock price of Bristow Group Inc.

Key Dates

DateDescription
03/24/2025Date of transaction: Sale of 40,000 shares of Common Stock
03/25/2025Date of Form 4 filing

Keywords

Form 4, Solus Alternative Asset Management LP, Bristow Group Inc., Share Sale, Beneficial Ownership, Christopher Pucillo

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