Bristow Group (VTOL) COO awarded RSUs and uses shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bristow Group Inc. COO, Offshore Energy Services, Stuart Stavley reported equity-related transactions in company common stock. He received a grant of 6,186 restricted stock units at no cost, each unit vesting in three equal annual installments on March 2, 2027, 2028, and 2029. To cover taxes on the vesting of a prior restricted stock unit grant, 1,171 shares were disposed of at a price of $45.55 per share through a tax-withholding transaction, leaving him with 90,805 shares held directly after the tax-related disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Stavley Stuart
Role
COO, Offshore Energy Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,171 | $45.55 | $53K |
| Grant/Award | Common Stock | 6,186 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 90,805 shares (Direct)
Footnotes (1)
- Each restricted stock unit vests in three equal annual installments scheduled to occur on March 2, 2027, March 2, 2028 and March 2, 2029. Shares withheld to cover the associated tax liability upon the vesting of the first portion of a previous grant of restricted stock units, which grant was originally reported in Table I of the reporting person's Form 4 filed on March 5, 2025.
FAQ
What insider transactions did Bristow Group (VTOL) COO Stuart Stavley report?
Stuart Stavley reported two equity transactions: an acquisition of 6,186 restricted stock units at no cost and a tax-withholding disposition of 1,171 common shares at $45.55 per share, tied to the vesting of a prior restricted stock unit grant.
What are the vesting terms of the new Bristow Group (VTOL) restricted stock units?
Each of the 6,186 restricted stock units granted to Stuart Stavley vests in three equal annual installments. The scheduled vesting dates are March 2, 2027, March 2, 2028, and March 2, 2029, subject to the standard conditions attached to such awards.
Was the Bristow Group (VTOL) tax-withholding transaction an open market sale?
The 1,171-share disposition was reported under transaction code F, indicating shares were withheld to cover tax liability. This reflects a tax-withholding disposition connected to vesting of restricted stock units, rather than an open market sale initiated for investment purposes.