Bristow (NYSE: VTOL) COO has shares withheld to cover equity award taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bristow Group Inc. COO, Government Services, Alan Corbett reported routine share dispositions related to equity award vesting. On March 8 and March 10, 2026, a total of 15,663 shares of common stock were withheld to cover associated tax liabilities upon the vesting of previously granted restricted and performance-based stock units. These are tax-withholding transactions, not open-market sales, and Corbett continues to hold 83,740 shares of Bristow common stock directly after the most recent transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
CORBETT ALAN
Role
COO, Government Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,571 | $46.71 | $214K |
| Tax Withholding | Common Stock | 6,306 | $46.71 | $295K |
| Tax Withholding | Common Stock | 3,153 | $46.22 | $146K |
| Tax Withholding | Common Stock | 1,633 | $44.60 | $73K |
Holdings After Transaction:
Common Stock — 93,199 shares (Direct)
Footnotes (1)
- Shares withheld to cover the associated tax liability upon the vesting of the second portion of a previous grant of restricted stock units, which grant was originally reported in Table I of the reporting person's Form 4 filed on March 12, 2024. Shares withheld to cover the associated tax liability upon the vesting of the Cash Return on Invested Capital performance-based stock units ("Cash ROIC PSUs") granted to the reporting person on March 10, 2023 under the terms of the Issuer's 2021 Equity Incentive Plan (the "Plan"). Shares withheld to cover the associated tax liability upon the vesting of the Relative Total Stockholder Return performance-based stock units ("RTSR PSUs") granted to the reporting person on March 10, 2023 under the terms of the Plan. Shares withheld to cover the associated tax liability upon the vesting of the third portion of a previous grant of restricted stock units, which grant was originally reported in Table I of the reporting person's Form 4 filed on March 14, 2023.
FAQ
What did Bristow Group (VTOL) COO Alan Corbett report in this Form 4?
Alan Corbett reported that shares of Bristow common stock were withheld to cover tax liabilities arising from the vesting of prior equity awards. These Form 4 entries reflect administrative tax-withholding dispositions, not open-market buying or selling of VTOL shares.
Are Alan Corbett’s VTOL transactions open-market sales of Bristow stock?
No. All reported transactions use code F, indicating shares were withheld to pay taxes on vesting equity awards. This means Corbett did not sell shares on the open market; the issuer retained shares to satisfy required tax liabilities on his compensation.
What types of Bristow (VTOL) equity awards triggered Alan Corbett’s tax withholdings?
Footnotes explain the withholdings relate to vesting of restricted stock units and performance-based stock units granted in prior years under Bristow’s 2021 Equity Incentive Plan. When these awards vest, a portion of shares is withheld to cover the associated tax liability.
Does this Bristow (VTOL) Form 4 suggest a change in Alan Corbett’s sentiment on the stock?
The Form 4 reflects automatic tax-withholding dispositions, a routine administrative event when equity awards vest. Because these are not discretionary open-market sales or purchases, they provide limited insight into Corbett’s personal view of Bristow’s future share performance.