Performance stock units vest for Bristow (VTOL) COO Alan Corbett
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.
Positive
- None.
Negative
- None.
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.