VTOL insider filing: 2,531 restricted shares to be sold on NYSE
Rhea-AI Filing Summary
Bristow Group Inc. (VTOL) submitted a Form 144 notifying a proposed sale of 2,531 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $95,465.27. The shares represent a small portion of the issuer's outstanding stock (28,814,000 shares) and are scheduled for sale on or about 08/08/2025 on the NYSE. The securities were acquired as restricted stock vesting under a registered plan—1,518 shares on 12/22/2021 and 1,013 shares on 08/04/2022—with consideration listed as services rendered. The filer reports no securities sold in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
Routine insider sale notice; small volume relative to float, limited near-term market impact.
The Form 144 discloses a proposed sale of 2,531 shares valued at $95,465.27, against an outstanding share base of 28,814,000. The shares were received via restricted stock vesting (two grant dates in 2021 and 2022) and are being routed through Morgan Stanley Smith Barney LLC for an expected NYSE sale on 08/08/2025. Given the modest size of the filing and the absence of recent sales, this appears to be a standard scheduled disposal by an insider rather than a market-moving event.
Disclosure aligns with Rule 144 requirements; shows use of registered compensation plan, no red flags in filing content.
The notice documents vested restricted shares from the issuer's registered plan, with acquisition dates and payment described as services rendered. The filer attests to lacking undisclosed material adverse information and reports "Nothing to Report" for sales in the prior three months. From a governance perspective, the filing meets procedural expectations for an insider sale under Rule 144; the scale and disclosure do not indicate unusual governance concerns in the provided text.