VTOL Form 4 shows Solus-managed funds selling 200K Bristow shares
Rhea-AI Filing Summary
Bristow Group Inc. (VTOL) insiders reported a sale of 200,000 shares of common stock on 11/14/2025 at $38.05 per share. The shares are shown as indirectly held for certain funds and accounts managed by Solus Alternative Asset Management LP and its affiliates. Following the transaction, 2,876,796 shares of Bristow common stock were beneficially owned indirectly. The reporting persons, including Solus Alternative Asset Management LP, Solus GP LLC and Christopher Pucillo, report their status as director and 10% owner, and note that their clients expressly disclaim beneficial ownership of the shares while they nevertheless elected to file.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 200,000 | $38.05 | $7.61M |
Footnotes (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. The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Securities Exchange Act of 1934, as amended.
FAQ
What insider transaction did Bristow Group Inc. (VTOL) report in this Form 4?
The filing reports that 200,000 shares of Bristow Group Inc. common stock were sold on 11/14/2025 at a price of $38.05 per share, coded as an "S" (sale) transaction.
Who are the reporting persons in this Bristow Group Inc. (VTOL) Form 4 filing?
The reporting persons include Solus Alternative Asset Management LP, its general partner Solus GP LLC, and Christopher Pucillo, who is the managing member of Solus GP and is identified as a director and 10% owner of Bristow.
Why are multiple parties jointly filing this Bristow (VTOL) Form 4?
The reporting persons state that they are jointly filing the report pursuant to Rule 16a-3(j) under the Securities Exchange Act of 1934, reflecting their related management and ownership roles.
What is the reported relationship of the main reporting person to Bristow Group Inc. (VTOL)?
The relationship boxes indicate that the reporting person is a director and 10% owner of Bristow Group Inc., which triggers ongoing Section 16 reporting obligations.