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Performance stock units vest for Bristow (VTOL) COO Alan Corbett

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bristow Group Inc. COO, Government Services Alan Corbett reported awards of company stock that vested based on performance goals. On February 25, 2026, he acquired 9,142 shares of common stock and a separate 12,612-share award, both at a reference price of $46.71 per share, as performance-based stock units granted on March 10, 2023 under Bristow’s 2021 Equity Incentive Plan converted into shares after the Board approved satisfaction of their performance criteria. Following these awards, Corbett directly owns 95,058 shares of Bristow common stock.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CORBETT ALAN

(Last) (First) (Middle)
C/O BRISTOW GROUP INC.
3151 BRIARPARK DRIVE, SUITE 700

(Street)
HOUSTON TX 77042

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bristow Group Inc. [ VTOL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
COO, Government Services
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/25/2026 A 9,142(1) A $46.71 82,446 D
Common Stock 02/25/2026 A 12,612(2) A $46.71 95,058 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock that vested on February 25, 2026 upon the approval of the Issuer's Board of Directors (the "Board") of the satisfaction of performance criteria underlying an award of Cash Return on Invested Capital performance-based stock units ("Cash ROIC PSUs") granted to the Reporting Person on March 10, 2023 under the terms of the Issuer's 2021 Equity Incentive Plan (the "Plan").
2. Represents shares of common stock that vested on February 25, 2026 upon the approval of the Board of the satisfaction of performance criteria underlying an award of Relative Total Stockholder Return performance-based stock units ("RTSR PSUs") granted to the Reporting Person on March 10, 2023 under the terms of the Plan.
/s/ Justin D. Mogford, Attorney-in-Fact for Alan Corbett 02/27/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Bristow Group (VTOL) report for Alan Corbett?

Alan Corbett, Bristow Group’s COO, Government Services, reported acquiring common stock through vesting of performance-based stock units. The shares converted on February 25, 2026 after the Board approved that specific performance criteria under the 2021 Equity Incentive Plan had been satisfied.

How many Bristow Group (VTOL) shares did Alan Corbett acquire in this Form 4?

Alan Corbett received two vesting share deliveries: one for 9,142 common shares and another for 12,612 common shares. Both awards were tied to performance-based stock units granted in 2023 under Bristow Group’s 2021 Equity Incentive Plan.

What performance awards led to the new VTOL shares for Alan Corbett?

The new VTOL shares came from Cash Return on Invested Capital performance-based stock units and Relative Total Stockholder Return performance-based stock units. These Cash ROIC PSUs and RTSR PSUs were granted on March 10, 2023 and vested once the Board approved that performance targets were met.

When did the performance-based VTOL stock units vest for Alan Corbett?

The performance-based stock units vested on February 25, 2026. On that date, Bristow Group’s Board approved that the performance criteria for the Cash ROIC PSUs and RTSR PSUs granted March 10, 2023 had been satisfied, triggering conversion into common shares.

Under which plan were Alan Corbett’s Bristow (VTOL) performance units granted?

Alan Corbett’s performance-based stock units were granted under Bristow Group’s 2021 Equity Incentive Plan. Both the Cash ROIC and RTSR PSU awards, granted on March 10, 2023, converted into common stock after the Board confirmed the required performance conditions were achieved.

How many Bristow Group (VTOL) shares does Alan Corbett own after these awards?

After these performance-based awards vested, Alan Corbett directly owns 95,058 shares of Bristow Group common stock. This total reflects his holdings following the February 25, 2026 transactions reported in the Form 4.

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