Bristow Group (VTOL) director Wesley Kern receives 3,618 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kern Wesley E. reported acquisition or exercise transactions in this Form 4 filing.
Bristow Group Inc. director Wesley E. Kern received an equity grant under the company’s 2021 Equity Incentive Plan. He was awarded 3,618 shares of common stock as a restricted stock unit (RSU) grant at no purchase price.
Following this grant, Kern directly holds 35,618 shares of Bristow Group common stock. The RSUs vest in full on June 3, 2027, provided he continues serving as a director through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kern Wesley E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,618 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 35,618 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 3,618 shares
Grant price per share: $0.0000 per share
Total shares after grant: 35,618 shares
+1 more
4 metrics
RSUs granted
3,618 shares
Restricted stock units awarded to director on June 3, 2026
Grant price per share
$0.0000 per share
Equity award under 2021 Equity Incentive Plan
Total shares after grant
35,618 shares
Director’s direct Bristow Group common stock holdings post-transaction
RSU vesting date
June 3, 2027
RSUs vest in full, subject to continued board service
Key Terms
restricted stock units, Equity Incentive Plan, contingent right, vest in full
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
vest in full financial
"The RSUs vest in full on June 3, 2027, subject to the reporting person's continued status"
FAQ
What did Bristow Group (VTOL) director Wesley E. Kern report on this Form 4?
Director Wesley E. Kern reported receiving 3,618 restricted stock units of Bristow Group common stock. The grant was made under the company’s 2021 Equity Incentive Plan and is a compensation-related equity award, not an open-market stock purchase or sale.
When do Wesley E. Kern’s newly granted Bristow Group (VTOL) RSUs vest?
The restricted stock units granted to Wesley E. Kern vest in full on June 3, 2027. Vesting is contingent on his continued status as a director of Bristow Group Inc. through that date, according to the terms described in the filing footnote.
Was there any cash paid for Wesley E. Kern’s Bristow Group (VTOL) RSU grant?
No cash was paid for this RSU grant; the transaction price per share is listed as 0.0000. This indicates the award is part of director equity compensation rather than an open-market purchase requiring Kern to pay a share price.
Under which plan were Wesley E. Kern’s Bristow Group (VTOL) RSUs granted?
The RSUs were granted under the Bristow Group Inc. 2021 Equity Incentive Plan, as amended. This plan governs equity-based compensation awards such as restricted stock units granted to directors and other eligible participants of the company.