VTOL Form 4 shows Solus-managed funds selling 200K Bristow shares

Rhea-AI Filing Summary

Bristow Group Inc. (VTOL) insiders reported a sale of 200,000 shares of common stock on 11/14/2025 at $38.05 per share. The shares are shown as indirectly held for certain funds and accounts managed by Solus Alternative Asset Management LP and its affiliates. Following the transaction, 2,876,796 shares of Bristow common stock were beneficially owned indirectly. The reporting persons, including Solus Alternative Asset Management LP, Solus GP LLC and Christopher Pucillo, report their status as director and 10% owner, and note that their clients expressly disclaim beneficial ownership of the shares while they nevertheless elected to file.

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

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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^*

Solus Alternative Asset Management LP

(Last) (First) (Middle)

25 MAPLE STREET, 2ND FLOOR

(Street)

SUMMIT NJ 07901

(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	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	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	11/14/2025		S		200,000	D	$38.05	2,876,796	I	See footnotes(1)(2)

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

1. Name and Address of Reporting Person^*

Solus Alternative Asset Management LP

(Last) (First) (Middle)

25 MAPLE STREET, 2ND FLOOR

(Street)

SUMMIT NJ 07901

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Solus GP LLC

(Last) (First) (Middle)

25 MAPLE STREET, 2ND FLOOR

(Street)

SUMMIT NJ 07901

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Pucillo Christopher

(Last) (First) (Middle)

25 MAPLE STREET, 2ND FLOOR

(Street)

SUMMIT NJ 07901

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The shares to which this Form 4 relates are held directly or indirectly by certain funds and accounts (collectively, "Clients") managed by Solus Alternative Asset Management LP ("Solus") and/or affiliates thereof. Solus GP LLC ("Solus GP") is the general partner of Solus. Christopher Pucillo is the managing member of Solus GP. Each may be deemed to have beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. The Solus Clients expressly disclaim beneficial ownership of any shares of Common Stock. Pursuant to Rule 16a-1(a)(1), the Reporting Persons are not deemed to beneficially own the securities but have elected to file this Form 4 nevertheless.

2. The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Securities Exchange Act of 1934, as amended.

	Solus Alternative Asset Management LP By: Solus GP LLC, its General Partner By: /s/ Christopher Pucillo Name: Christopher Pucillo Title: Managing Member	11/18/2025
	Solus GP LLC By: /s/ Christopher Pucillo Name: Christopher Pucillo Title: Managing Member	11/18/2025
	/s/ Christopher Pucillo	11/18/2025
	** 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 Inc. (VTOL) report in this Form 4?

The filing reports that 200,000 shares of Bristow Group Inc. common stock were sold on 11/14/2025 at a price of $38.05 per share, coded as an "S" (sale) transaction.

How many Bristow (VTOL) shares were beneficially owned after the reported sale?

After the reported transaction, a total of 2,876,796 shares of Bristow Group Inc. common stock were shown as beneficially owned indirectly by the reporting persons.

Who are the reporting persons in this Bristow Group Inc. (VTOL) Form 4 filing?

The reporting persons include Solus Alternative Asset Management LP, its general partner Solus GP LLC, and Christopher Pucillo, who is the managing member of Solus GP and is identified as a director and 10% owner of Bristow.

How are the Bristow (VTOL) shares held according to the Form 4?

The shares are held directly or indirectly by certain funds and accounts (the "Clients") managed by Solus Alternative Asset Management LP and its affiliates, with the interests reported as indirect beneficial ownership.

Do the Solus Clients claim beneficial ownership of the Bristow (VTOL) shares?

No. The filing states that the Solus Clients expressly disclaim beneficial ownership of any shares of Bristow common stock, even though the securities are reported for Section 16 purposes.

Why are multiple parties jointly filing this Bristow (VTOL) Form 4?

The reporting persons state that they are jointly filing the report pursuant to Rule 16a-3(j) under the Securities Exchange Act of 1934, reflecting their related management and ownership roles.

What is the reported relationship of the main reporting person to Bristow Group Inc. (VTOL)?

The relationship boxes indicate that the reporting person is a director and 10% owner of Bristow Group Inc., which triggers ongoing Section 16 reporting obligations.