Brass Lorin L. 4
Research Summary
AI-generated summary
Bristow (VTOL) Director Lorin L. Brass Receives 3,618 RSU Award
What Happened Lorin L. Brass, a director of Bristow Group Inc. (VTOL), was granted 3,618 restricted stock units (RSUs) on June 3, 2026. The RSUs were awarded at $0.00 per unit (no cash paid) and therefore have a reported acquisition value of $0. Each RSU represents a contingent right to receive one share of Bristow common stock upon vesting; these RSUs vest in full on June 3, 2027, subject to Brass’s continued service as a director.
Key Details
- Transaction type: Award / Grant (Code A).
- Date of transaction (period of report): June 3, 2026; Form 4 filed June 5, 2026.
- Shares/units granted: 3,618 RSUs at $0.00 (reported value $0 at grant).
- Vesting: RSUs vest in full on June 3, 2027, contingent on continued service.
- RSU mechanics: Each RSU converts to one share upon vesting (per footnote).
- Shares owned after transaction: not specified in the provided filing.
Context This was a compensation grant (not a market purchase or sale). Grants like RSUs align executive/director pay with shareholder value over the vesting period but do not represent immediately tradable shares until vested and settled. No indication in the filing that the report was late.