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.