VTOL insider trades: option exercise, large share sales and charitable gift
Rhea-AI Filing Summary
Christopher S. Bradshaw, President and CEO and a director of Bristow Group Inc. (VTOL), reported multiple transactions dated 08/07/2025. The filing shows an acquisition of 83,333 shares via exercise of employee stock options at an exercise price of $15.76 per share and several sales totaling 150,887 shares at weighted-average prices reported between $37.06 and $38.38. The reporting person also made a charitable gift of 1,310 shares.
After these transactions the filing reports the reporting person directly beneficially owns 334,088 shares. The Form lists weighted-average sale prices and ranges for the trades and confirms the option exercise and the charitable transfer; no other context or explanations are provided in the filing.
Positive
- Option exercise of 83,333 shares at $15.76, demonstrating use of vested equity awards
- Charitable gift of 1,310 shares explicitly disclosed
- Complete disclosure of weighted-average prices and ranges for multiple trades as required
Negative
- Large aggregate sales of 150,887 shares on 08/07/2025 at weighted-average prices between $37.06 and $38.38
- Direct beneficial ownership declined to 334,088 shares following the transactions
- No explanatory text in the filing about the reason for the sales or whether transactions were pursuant to a pre-established plan
Insights
TL;DR: CEO exercised options and sold a large block of shares the same day; net direct ownership now 334,088 shares.
The Form 4 documents a same-day option exercise of 83,333 shares at $15.76 and sales of 150,887 shares on 08/07/2025 at weighted-average prices in the mid-$30s. The filing is factual and routine for insider reporting: it shows liquidity actions and a charitable donation of 1,310 shares. For investors, the material facts are the volumes, prices, and resulting direct beneficial ownership.
TL;DR: Significant disposition by a CEO/director recorded; filing provides required detail but no explanation of intent.
The filer is both President and CEO and a director, and the Form 4 discloses multiple sales reducing direct holdings to 334,088 shares. The form also reports an option exercise and a charitable gift. The disclosure meets reporting requirements by providing quantities, prices, and transaction dates but contains no narrative on purpose or any Rule 10b5-1 plan indication.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 83,333 | $0.00 | -- |
| Exercise | Common Stock | 83,333 | $15.76 | $1.31M |
| Sale | Common Stock | 74,758 | $37.0629 | $2.77M |
| Sale | Common Stock | 8,575 | $38.1732 | $327K |
| Sale | Common Stock | 57,500 | $37.0958 | $2.13M |
| Sale | Common Stock | 10,054 | $38.3811 | $386K |
| Gift | Common Stock | 1,310 | $0.00 | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on August 7, 2025 at prices ranging from $36.91 to $37.63, inclusive. The reporting person undertakes to provide to the issuer, any security 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 ranges set forth in this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on August 7, 2025 at prices ranging from $37.9950 to $38.2050, 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 acquired at each separate price within the ranges set forth in this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on August 7, 2025 at prices ranging from $36.9100 to $37.7045, 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 ranges set forth in this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on August 7, 2025 at prices ranging from $38.21 to $38.60, 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 ranges set forth in this Form 4. Represents a bona fide gift of the Issuer's common stock by the Reporting Person to charity. The stock options vest in full on June 12, 2023, subject to continuous service of the reporting person as of such vesting date.
