STOCK TITAN

Bristow Group (NYSE: VTOL) grants 3,618 RSUs to company director

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

Rhea-AI Filing Summary

Shah Shefali A reported acquisition or exercise transactions in this Form 4 filing.

Bristow Group Inc. reported that director Shefali A. Shah received an equity grant of 3,618 shares of common stock in the form of restricted stock units. The award was granted at a price of $0.00 per share under the company’s 2021 Equity Incentive Plan.

Each RSU represents a contingent right to receive one share of Bristow Group common stock and vests in full on June 3, 2027, if she continues serving as a director through that date. After this grant, Shah directly holds 13,113 shares of Bristow Group common stock, reflecting a routine compensation-related increase in her equity stake.

Positive

  • None.

Negative

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Insider Shah Shefali A
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,618 $0.00 --
Holdings After Transaction: Common Stock — 13,113 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 3,618 shares Restricted stock units granted to director on June 3, 2026
Grant price $0.00 per share RSUs issued as stock-based compensation, not a market purchase
Post-grant holdings 13,113 shares Total common stock directly held by director after grant
Vesting date June 3, 2027 RSUs vest in full if director continues service to that date
restricted stock units ("RSUs") financial
"the reporting person was granted restricted stock units ("RSUs"). Each RSU represents a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
vesting financial
"The RSUs vest in full on June 3, 2027, subject to the reporting person's continued status as a director"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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SEC Form 4
FORM 4UNITED 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*
Shah Shefali A

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

(Street)
HOUSTON TEXAS 77042

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Bristow Group Inc. [ VTOL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/03/2026A3,618(1)A$013,113D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Pursuant to the Bristow Group Inc. 2021 Equity Incentive Plan, as amended, the reporting person was granted restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock of Bristow Group Inc. The RSUs vest in full on June 3, 2027, subject to the reporting person's continued status as a director of Bristow Group Inc. as of the vesting date.
/s/ Jennifer Whalen, Attorney-in-Fact06/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Bristow Group (VTOL) disclose in this Form 4 filing?

Bristow Group disclosed that director Shefali A. Shah received 3,618 restricted stock units as an equity award. These units convert into common shares upon vesting and increased her direct holdings to 13,113 shares, reflecting routine director compensation in stock-based form.

How many RSUs did Bristow Group (VTOL) grant to director Shefali A. Shah?

Shefali A. Shah received 3,618 restricted stock units from Bristow Group. Each RSU represents a contingent right to one share of common stock, granted as part of the company’s 2021 Equity Incentive Plan for director compensation in equity rather than cash.

When do the newly granted Bristow Group (VTOL) RSUs vest for the director?

The 3,618 restricted stock units granted to director Shefali A. Shah vest in full on June 3, 2027. Vesting requires her to maintain continuous service as a director with Bristow Group through that vesting date, aligning compensation with longer-term board tenure.

What are Shefali A. Shah’s Bristow Group (VTOL) holdings after the RSU grant?

Following the grant, Shefali A. Shah directly holds 13,113 shares of Bristow Group common stock. This figure includes the newly awarded 3,618 RSUs that convert into shares upon vesting, highlighting a modest, compensation-driven increase in her equity exposure to the company.

Was cash paid for the Bristow Group (VTOL) RSU grant to the director?

No cash was paid for the grant; the restricted stock units were issued at $0.00 per share. This indicates the award is purely stock-based compensation under Bristow Group’s 2021 Equity Incentive Plan, rather than an open-market purchase by the director.