Bristow Group (NYSE: VTOL) director receives 3,618-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bristow Group Inc. director Robert Manzo reported a compensation-related equity grant. On June 3, 2026, he acquired 3,618 shares of common stock at no cost through restricted stock units granted under the Bristow Group Inc. 2021 Equity Incentive Plan.
Each RSU represents a right to receive one share of common stock, and the award vests in full on June 3, 2027, provided he remains a director through that date. Following this grant, Manzo directly holds 36,201 shares of Bristow Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MANZO ROBERT
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,618 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 36,201 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 3,618 shares
Grant price: $0.00 per share
Shares after grant: 36,201 shares
+2 more
5 metrics
RSUs granted
3,618 shares
Restricted stock units granted June 3, 2026
Grant price
$0.00 per share
Equity compensation award, not market purchase
Shares after grant
36,201 shares
Total common shares directly owned after transaction
Vesting date
June 3, 2027
RSUs vest in full if he remains a director
Transaction code
A (Grant, award, or other acquisition)
Non-derivative acquisition of equity compensation
Key Terms
restricted stock units, Equity Incentive Plan, vest in full, contingent right
4 terms
restricted stock units financial
"the reporting person was granted restricted stock units ("RSUs"). Each RSU represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Equity Incentive Plan financial
"Pursuant to the Bristow Group Inc. 2021 Equity Incentive Plan, as amended, the reporting person was granted"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vest in full financial
"The RSUs vest in full on June 3, 2027, subject to the reporting person's continued status"
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
FAQ
What did Bristow Group (VTOL) director Robert Manzo report in this Form 4?
Director Robert Manzo reported receiving 3,618 restricted stock units that convert into common shares at no cost. The grant is part of Bristow Group’s 2021 Equity Incentive Plan and represents equity compensation rather than an open-market stock purchase.
When do Robert Manzo’s Bristow Group (VTOL) RSUs vest?
The restricted stock units granted to Robert Manzo vest in full on June 3, 2027. Vesting is contingent on his continued service as a director of Bristow Group through that vesting date under the terms of the equity incentive plan.
Is Robert Manzo’s Bristow Group (VTOL) transaction a market buy or equity compensation?
The transaction is equity compensation, not a market purchase. The Form 4 shows a grant coded as an award acquisition, with 3,618 restricted stock units issued at $0.00 per share under Bristow Group’s 2021 Equity Incentive Plan for director compensation.
What plan governs Robert Manzo’s restricted stock units in Bristow Group (VTOL)?
The restricted stock units were granted under the Bristow Group Inc. 2021 Equity Incentive Plan, as amended. The plan provides equity-based awards to eligible participants, and these RSUs each represent a contingent right to receive one share of common stock at vesting.