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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,142 | $46.71 | $427K |
| Grant/Award | Common Stock | 12,612 | $46.71 | $589K |
Footnotes (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"). 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.
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.
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.