Form 4: Solus Alternative Asset Management LP Sells Shares of Bristow Group Inc.
SEC Form 4 Filing
Solus Alternative Asset Management LP, along with related entities, reports the sale of 100 shares of Bristow Group Inc. common stock at $32 per share.
Summary
- Solus Alternative Asset Management LP reported the sale of 100 shares of Bristow Group Inc. common stock on March 12, 2025.
- The shares were sold at a price of $32 per share.
- Following the transaction, the reporting entities (Solus Alternative Asset Management LP, Solus GP LLC, and Christopher Pucillo) indirectly beneficially own 3,176,696 shares.
- The reporting persons have disclaimed beneficial ownership of the securities except to the extent of their pecuniary interest.
- The filing indicates that the transaction was not made pursuant to a pre-arranged 10b5-1(c) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting a transaction. It doesn't convey any particular sentiment, just factual information.
Industry Context
This filing reflects changes in ownership by a major shareholder, Solus Alternative Asset Management, in Bristow Group Inc., a company in the aviation industry. Such filings are common and provide transparency into the investment decisions of significant stakeholders.
Stakeholder Impact
- The sale of shares by a significant shareholder could potentially influence investor sentiment, although the quantity sold is relatively small compared to the total holdings.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of transaction: Sale of 100 shares of Common Stock |
| 03/14/2025 | Date of signature for Solus Alternative Asset Management LP filing |
| 03/14/2025 | Date of signature for Solus GP LLC filing |
| 03/14/2025 | Date of signature for Christopher Pucillo filing |
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