STOCK TITAN

Bristow director-linked funds sell 8,000 shares

Bristow Group Inc. (VTOL) was the subject of a Form 4 reporting that investment funds and accounts managed by Solus Alternative Asset Management LP and its affiliates sold a total of 8,000 shares of Bristow common stock in open-market or private transactions.

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Bristow Group Inc. (VTOL) was the subject of a Form 4 reporting that investment funds and accounts managed by Solus Alternative Asset Management LP and its affiliates sold a total of 8,000 shares of Bristow common stock in open-market or private transactions. These sales are reported jointly by Solus Alternative Asset Management LP, Solus GP LLC and director Christopher Pucillo, who are described together as the Reporting Persons.

On September 14, 2026, 3,000 shares were sold at a weighted average price of $43.0333 per share, with individual trades occurring between $43.0000 and $43.0500. On September 11, 2026, 5,000 shares were sold at $43.0000 per share. All sales are reported as indirect ownership, with the shares held directly or indirectly by certain Solus-managed clients. The footnotes state that each Reporting Person may be deemed to have beneficial ownership only to the extent of its or his pecuniary interest, that the Solus clients expressly disclaim beneficial ownership, and that under Rule 16a-1(a)(1) the Reporting Persons are not deemed to beneficially own the securities but have elected to file this Form 4. No Rule 10b5-1 trading plan is indicated.

Positive

  • None.

Negative

  • None.
Insider Solus Alternative Asset Management LP, Solus GP LLC, Pucillo Christopher
Role Insider | Insider | Director
Sold 8,000 shs ($344K)
Type Security Shares Price Value
Sale Common Stock F3, F1, F2 3,000 $43.0333 $129K
Sale Common Stock F1, F2 5,000 $43.00 $215K
Holdings After Transaction: Common Stock — 2,841,710 shares (Indirect, See footnotes)
Footnotes (3)
  1. F1. 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 (collectively, the "Reporting Persons"). 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. F2. The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Securities Exchange Act of 1934, as amended.
  3. F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.0000 to $43.0500 inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Shares sold September 11, 2026 5,000 shares Indirect sale of Bristow Group common stock by Solus-managed clients
Price per share September 11, 2026 $43.0000 per share Sale price for 5,000 VTOL shares
Shares sold September 14, 2026 3,000 shares Indirect sale of Bristow Group common stock by Solus-managed clients
Weighted average price September 14, 2026 $43.0333 per share Weighted average sale price for 3,000 VTOL shares
Price range September 14, 2026 trades $43.0000–$43.0500 per share Range of individual trade prices for that day’s VTOL share sales
Total shares sold 8,000 shares Combined indirect sales on September 11 and 14, 2026 by Solus-managed clients
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"Each may be deemed to have beneficial ownership of the securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his or its pecuniary interest therein."
Rule 16a-1(a)(1) regulatory
"Pursuant to Rule 16a-1(a)(1), the Reporting Persons are not deemed"
Rule 16a-3(j) regulatory
"jointly filing this Form 4 pursuant to Rule 16a-3(j)"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions in VTOL shares were reported in this Form 4?

The Form 4 reports that Solus-managed clients associated with the Reporting Persons sold 8,000 shares of Bristow Group common stock in indirect transactions on September 11 and 14, 2026, characterized as sales in open-market or private transactions.

Who are the reporting persons in the Bristow Group (VTOL) Form 4?

The reporting persons are Solus Alternative Asset Management LP, Solus GP LLC, and Bristow director Christopher Pucillo. They jointly filed under Rule 16a-3(j) and are collectively referred to as the Reporting Persons in the disclosure.

How many VTOL shares were sold on each date in this Form 4?

On September 11, 2026, the Solus-managed clients sold 5,000 shares of Bristow common stock at $43.0000 per share. On September 14, 2026, they sold 3,000 shares at a weighted average price of $43.0333 per share.

What prices were received for the VTOL shares sold by the Solus-managed clients?

The 5,000 VTOL shares sold on September 11, 2026 were at $43.0000 per share. The 3,000 shares sold on September 14, 2026 were at a weighted average price of $43.0333, with individual trades between $43.0000 and $43.0500.

Are the VTOL sales attributed directly to director Christopher Pucillo?

No. The shares are held directly or indirectly by Solus-managed clients. The footnotes state each Reporting Person may be deemed to have beneficial ownership only to the extent of pecuniary interest and that they are not deemed beneficial owners under Rule 16a-1(a)(1).

Was a Rule 10b5-1 trading plan involved in these VTOL share sales?

The Form 4 indicates that no Rule 10b5-1 trading plan was affirmed for these transactions; the document-level checkbox for such a plan is not selected.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Solus Alternative Asset Management LP

(Last)(First)(Middle)
25 MAPLE STREET, 2ND FLOOR

(Street)
SUMMIT NEW JERSEY 07901

(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)
Director10% Owner
Officer (give title below)XOther (specify below)
See below
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm 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 Stock09/11/2026S5,000D$432,844,710ISee footnotes(1)(2)
Common Stock09/14/2026S3,000D$43.0333(3)2,841,710ISee 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 NEW JERSEY 07901

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
Officer (give title below)XOther (specify below)
See below
1. Name and Address of Reporting Person*
Solus GP LLC

(Last)(First)(Middle)
C/O SOLUS ALTERNATIVE ASSET MANAGEMENT
25 MAPLE STREET, 2ND FLOOR

(Street)
SUMMIT NEW JERSEY 07901

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
Officer (give title below)XOther (specify below)
See below
1. Name and Address of Reporting Person*
Pucillo Christopher

(Last)(First)(Middle)
C/O SOLUS ALTERNATIVE ASSET MANAGEMENT
25 MAPLE STREET, 2ND FLOOR

(Street)
SUMMIT NEW JERSEY 07901

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirector10% 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 (collectively, the "Reporting Persons"). 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.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.0000 to $43.0500 inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Solus Alternative Asset Management LP By: Solus GP LLC, its General Partner By: /s/ Christopher Pucillo Name: Christopher Pucillo Title: Managing Member09/15/2026
Solus GP LLC By: /s/ Christopher Pucillo Name: Christopher Pucillo Title: Managing Member09/15/2026
/s/ Christopher Pucillo09/15/2026
** 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)

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