VTOL insider plan sale: 5,250 common shares via Morgan Stanley
Rhea-AI Filing Summary
Bristow Group Inc. filed a Form 144 reporting the proposed sale of 5,250 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $196,731.41. The filing lists the approximate sale date as 08/11/2025 on the NYSE and reports 28,814,000 shares outstanding.
The shares were acquired on 06/07/2024 as restricted stock vesting under a registered plan, with payment described as services rendered. The filing also discloses recent sales by the reported seller: 1,131 shares on 06/23/2025 for $37,888.50 and 97 shares on 06/20/2025 for $3,249.50. The notice includes the standard attestation that the seller is not aware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR Routine insider sale of vested shares; size is immaterial relative to outstanding stock.
The Form 144 documents a planned open-market sale of 5,250 common shares acquired through restricted stock vesting. At an aggregate market value of $196,731.41 versus 28,814,000 shares outstanding, the position represents a de minimis fraction of total equity and is unlikely to move the stock price on its own. Prior small disposals in June 2025 are disclosed, indicating ongoing liquidity activity by the holder rather than a single large divestiture. Impact to investors should be considered neutral absent other disclosures.
TL;DR Disclosure aligns with compensation vesting and Rule 144 requirements; includes standard seller attestation.
The submission shows the shares were issued via restricted stock vesting under a registered plan and were granted as payment for services, which is consistent with executive compensation practices. The involvement of a named broker and the seller's attestation about lack of undisclosed material information follow regulatory expectations for Form 144 filings. No governance or compliance red flags are evident from the disclosed facts alone; the filing reads as a routine compliance disclosure.