Bristow (VTOL) — Solus Asset Manager Sells 8,000 Shares

What Happened Solus Alternative Asset Management LP (with Solus GP LLC and Christopher Pucillo as reporting persons) sold a total of 8,000 shares of Bristow Group Inc. (VTOL) in two open-market transactions. On 2026-09-11 they sold 5,000 shares at $43.00 ($215,000) and on 2026-09-14 they sold 3,000 shares at $43.03 ($129,100), for aggregate proceeds of approximately $344,100. These were sales (dispositions) by an institutional manager rather than a company executive or 10% owner.

Key Details

• Transaction dates and prices: 2026-09-11 — 5,000 shares @ $43.00; 2026-09-14 — 3,000 shares @ $43.03.
• Total shares sold: 8,000; total proceeds ≈ $344,100.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing: Reported on Form 4 filed 2026-09-15 (timely under the 2-business-day rule for a 2026-09-11 trade).
• Notable footnotes:
  • F1: The shares are held by funds/accounts managed by Solus; the Solus entities and Christopher Pucillo filed but the Solus Clients disclaim beneficial ownership.
  • F2: Joint filing by the reporting persons.
  • F3: Prices shown are a weighted average; individual trades ranged $43.00–$43.05. Solus can provide the per-trade breakdown on request.

Context This filing reflects routine sales by an institutional investment manager (portfolio/fund activity) rather than insider trading by a company officer. Sales by funds are common and can be for many reasons (rebalancing, client flows, etc.); they do not by themselves indicate company performance. Purchases typically receive more attention as stronger signals of insider conviction.