Wesley Kern Reduces Bristow Stake; Holds 2,531 Shares After Sale
Rhea-AI Filing Summary
Wesley E. Kern, a director of Bristow Group Inc. (VTOL), sold shares of the company's common stock on 08/08/2025. The Form 4 reports dispositions totaling 35,079 shares at a reported weighted-average price of $37.7184, leaving the reporting person with 2,531 shares of direct beneficial ownership.
The filing states the shares were sold in multiple transactions at prices ranging from $37.65 to $37.79 and that the reporting person will provide details on the number of shares sold at each price upon request. The sale is reported as a direct disposition by a company director.
Positive
- Full disclosure provided: Form 4 lists the transaction date, weighted-average price, execution price range, and post-sale holdings
- Reporting is transparent: Reporting person offers to provide per-price sale details upon request
Negative
- Significant reduction in insider holdings: Director disposed of 35,079 shares, reducing direct ownership to 2,531 shares
- No 10b5-1 plan indicated on the form: The filing does not state the sale was executed pursuant to a prearranged trading plan
Insights
TL;DR: A Bristow director reduced direct holdings by 35,079 shares in a disclosed multi-trade sale; the filing shows full price range and remaining ownership.
The reported transaction is a clear, disclosed sale by Director Wesley E. Kern of 35,079 common shares at a weighted-average price of $37.7184, leaving 2,531 shares beneficially owned. As presented, the Form 4 provides transaction-level transparency—prices and the post-sale holding are stated—so investors can update insider-holding figures precisely. Without additional context (e.g., reason for sale or pattern of past transactions), this single-filed disposition is routine rather than demonstrably material to the company’s fundamentals.
TL;DR: Director sale was properly disclosed on Form 4 with price range and an undertaking to provide breakdown; no plan designation is indicated on the form.
The Form 4 identifies Wesley E. Kern as a director and reports direct dispositions executed on 08/08/2025. The disclosure includes a weighted-average price and the range of execution prices; it also states the reporting person will supply the per-price quantities if requested. The form does not explicitly indicate that the transactions were made under a prearranged 10b5-1 trading plan. From a governance perspective, the filing meets Form 4 disclosure requirements, but the absence of an indicated plan means the trades should be evaluated as open-market sales rather than plan-driven dispositions.