South Dakota Investment Council reports 8.3% Bristow (NYSE: VTOL) stake

Rhea-AI Filing Summary

South Dakota Investment Council filed Amendment No. 14 to its Schedule 13D for Bristow Group Inc., updating its ownership disclosure in the company’s common stock.

The fund reports beneficial ownership of 2,396,198 shares of Bristow common stock, representing 8.3% of the outstanding shares, with sole voting and sole dispositive power over all of these shares. The percentage is based on 28,920,000 shares outstanding as of October 31, 2025. The filing states there have been no transactions in Bristow stock since the prior amendment on January 12, 2026, other than those, if any, listed in an attached exhibit.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 14)

Bristow Group Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

11040G103

(CUSIP Number)

Matthew L. Clark
4009 W 49th Street, Suite 300
Sioux Falls, SD, 57106
605-362-2820

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

02/02/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 11040G103

1

Name of reporting person

South Dakota Investment Council

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

SOUTH DAKOTA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 2,396,198.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 2,396,198.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

2,396,198.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

8.3 %

14

Type of Reporting Person (See Instructions)

EP

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock
(b)	Name of Issuer: Bristow Group Inc.
(c)	Address of Issuer's Principal Executive Offices: 3151 BRIARPARK DRIVE, SUITE 700, HOUSTON, TEXAS , 77042.
Item 1 Comment: This Amendment No. 14 ( "Amendment No. 14") to Schedule 13D initially filed with the Securities and Exchange Commission (the "SEC") on June 22, 2020 (the "Schedule 13D") by South Dakota Investment Council (the "Reporting Person") relating to the shares of common stock, par value $0.01 per share (the "Common Stock") of Bristow Group Inc., a Delaware corporation (the "Issuer"), reflects changes to the information in the amendment to the Schedule 13D filed by the Reporting Person on January 12, 2026 ("Amendment No.13"). Except as otherwise indicated, capitalized terms used and not defined in this Amendment No. 14 shall have the meaning assigned to such term in the Schedule 13D. Except as otherwise provided herein, each item of the Schedule 13D remains unchanged.
Item 5.	Interest in Securities of the Issuer
(a)	Items 5(a)-(c) of the Schedule 13D are hereby amended and restated as follows: (a) - (b) The responses of the Reporting Person with respect to Rows 11, 12 and 13 of the cover pages of this Schedule 13D that relate to the aggregate number and percentage of shares of Common Stock are incorporated herein by reference. The responses of the Reporting Person with respect to Rows 7, 8, 9 and 10 of the cover pages of this Schedule 13D that relate to the aggregate number of shares of Common Stock as to which the Reporting Person referenced in Item 2 above has sole or shared power to vote or to direct the vote and sole or shared power to dispose or to direct the disposition are incorporated herein by reference. The aggregate percentage of shares of Common Stock reported as beneficially owned by the Reporting Person was calculated based on 28,920,000 shares of Common Stock issued and outstanding as of October 31, 2025, as provided by the Company, based on the Quarterly Report on Form 10-Q filed by the Company on November 5, 2025.
(c)	Except as disclosed in Exhibit 1 of this Schedule 13D, there have been no transactions with respect to the Common Stock since the filing of the Amendment No.13 on January 12, 2026 by the Reporting Person.
(d)	None.
(e)	Not applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

South Dakota Investment Council

Signature:	/s/ Matthew L. Clark
Name/Title:	State Investment Officer
Date:	02/03/2026

FAQ

What stake does South Dakota Investment Council report in Bristow Group (VTOL)?

South Dakota Investment Council reports beneficial ownership of 2,396,198 Bristow Group common shares, representing 8.3% of the company. This percentage is calculated using 28,920,000 shares outstanding as of October 31, 2025, as disclosed in Bristow’s Form 10-Q.

How much voting power does South Dakota Investment Council have in Bristow Group (VTOL)?

The council reports sole voting power over 2,396,198 Bristow Group common shares. It also has sole dispositive power over the same number of shares, meaning it alone decides how these shares are voted and whether they are sold or held.

What is the significance of Amendment No. 14 to the Schedule 13D for Bristow Group (VTOL)?

Amendment No. 14 updates South Dakota Investment Council’s Schedule 13D disclosure on Bristow Group. It restates ownership and control details in Item 5, reflecting current shares held, percentage of the class, and voting and dispositive powers, based on the latest outstanding share count.

What share count did South Dakota Investment Council use to calculate its 8.3% stake in Bristow (VTOL)?

The 8.3% beneficial ownership figure is based on 28,920,000 Bristow Group common shares issued and outstanding as of October 31, 2025. That outstanding share number comes from Bristow’s Form 10-Q filed on November 5, 2025.

Have there been recent South Dakota Investment Council transactions in Bristow Group (VTOL) shares?

The filing states that, except for any transactions disclosed in Exhibit 1, there have been no transactions in Bristow Group common stock since Amendment No. 13 filed on January 12, 2026. Any activity would be detailed in that referenced exhibit.

Who signed the latest Bristow Group (VTOL) Schedule 13D/A amendment for South Dakota Investment Council?

The amendment is signed by Matthew L. Clark, State Investment Officer, on behalf of South Dakota Investment Council. The signature certifies that, to the best of his knowledge and belief, the information disclosed in the statement is true, complete, and correct.