STOCK TITAN

Bristow Group: Solus clients sell 27K shares

(High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Bristow Group Inc. (VTOL) reports that clients of Solus Alternative Asset Management LP, for whom director Christopher Pucillo is an associated reporting person, reported indirect sales of a total of 27,086 shares of VTOL common stock from September 1–3, 2026, in transactions described as open market or private sales. The largest trades were 15,000 shares on September 1 at a weighted average price of $45.8547 (within a $45.75–$46.00 range) and 12,045 shares on September 2 at a weighted average price of $45.6831 (within a $45.60–$45.85 range), plus 41 shares on September 3 at $45.75. The Solus clients and related entities disclaim beneficial ownership except to the extent of any pecuniary interest, and no Rule 10b5-1 trading plan is reported.

Positive

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Negative

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Insights

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Insider Solus Alternative Asset Management LP, Solus GP LLC, Pucillo Christopher
Role Insider | Insider | Director
Sold 27,086 shs ($1.24M)
Type Security Shares Price Value
Sale Common Stock F1, F2 41 $45.75 $2K
Sale Common Stock F4, F1, F2 12,045 $45.6831 $550K
Sale Common Stock F3, F1, F2 15,000 $45.8547 $688K
Holdings After Transaction: Common Stock — 2,849,710 shares (Indirect, See footnotes)
Footnotes (4)
  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. 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 $45.7500 to $46.0000 inclusive. The Reporting Person undertakes 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.
  4. F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.6000 to $45.85000 inclusive. The Reporting Person undertakes to provide to the Issuer, any security hold 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.
Total shares sold 27,086 shares Aggregate VTOL common shares reported sold September 1–3, 2026
September 1, 2026 sale 15,000 shares at $45.8547 per share Indirect sale of VTOL common stock for Solus-managed clients
September 1, 2026 price range $45.75–$46.00 per share Weighted-average sale price range disclosed in footnote F3
September 2, 2026 sale 12,045 shares at $45.6831 per share Indirect sale of VTOL common stock for Solus-managed clients
September 2, 2026 price range $45.60–$45.85 per share Weighted-average sale price range disclosed in footnote F4
September 3, 2026 sale 41 shares at $45.75 per share Indirect sale of VTOL common stock for 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 reported"
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) under the"

FAQ

What VTOL insider activity was reported in this Form 4?

The filing reports indirect sales of 27,086 VTOL common shares from September 1–3, 2026, by clients of Solus Alternative Asset Management LP in open market or private transactions at prices around $45.68–$45.85 per share.

Who are the reporting persons in the VTOL Form 4 filing?

The reporting persons are Solus Alternative Asset Management LP, Solus GP LLC, and Christopher Pucillo, a director of Bristow Group Inc. They report on shares held for Solus-managed clients and related entities.

How many VTOL shares were sold on each reported date?

The filing shows sales of 15,000 shares on September 1, 2026, 12,045 shares on September 2, 2026, and 41 shares on September 3, 2026, all of VTOL common stock held indirectly for Solus-managed clients.

What prices were received for the VTOL share sales in this Form 4?

Reported weighted average prices were $45.8547 on September 1, 2026, with trades between $45.75 and $46.00, $45.6831 on September 2, 2026, with trades between $45.60 and $45.85, and $45.75 for 41 shares on September 3, 2026.

Do the Solus entities and Christopher Pucillo claim beneficial ownership of the VTOL shares?

They state they may be deemed to have beneficial ownership of the reported securities only to the extent of their pecuniary interest. The Solus clients expressly disclaim beneficial ownership, and the reporting persons indicate they are not deemed beneficial owners under Rule 16a-1(a)(1).

Were the VTOL trades made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote indicating that these VTOL transactions were executed under a Rule 10b5-1 or other pre-arranged trading plan.

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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)
09/01/2026
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 Stock09/01/2026S15,000D$45.8547(3)2,861,796ISee footnotes(1)(2)
Common Stock09/02/2026S12,045D$45.6831(4)2,849,751ISee footnotes(1)(2)
Common Stock09/03/2026S41D$45.752,849,710ISee 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)
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)
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. 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 $45.7500 to $46.0000 inclusive. The Reporting Person undertakes 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.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.6000 to $45.85000 inclusive. The Reporting Person undertakes to provide to the Issuer, any security hold 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 Member09/03/2026
Solus GP LLC By: /s/ Christopher Pucillo Name: Christopher Pucillo Title: Managing Member09/03/2026
/s/ Christopher Pucillo09/03/2026
** 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)