Bradshaw Christopher Scott 4
Research Summary
AI-generated summary
Bristow (VTOL) CEO Bradshaw Receives 106,200-Share Award
What Happened
Christopher Scott Bradshaw, President, CEO and a director of Bristow Group Inc. (VTOL), acquired 106,200 shares on February 25, 2026 through the vesting of performance-based stock units. Two awards vested: 44,634 shares (Cash ROIC PSUs) at $46.71/share valued at $2,084,854, and 61,566 shares (Relative TSR PSUs) at $46.71/share valued at $2,875,748 — total value ~$4,960,602. This transaction reflects the conversion of previously granted PSUs into common stock (an award/vesting), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-02-25; $46.71 per share.
- 44,634 shares (Cash ROIC PSUs) → $2,084,854 (F1)
- 61,566 shares (RTSR PSUs) → $2,875,748 (F2)
- Total shares acquired: 106,200; total reported value: $4,960,602.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes: F1 = Cash Return on Invested Capital performance-based stock units; F2 = Relative Total Stockholder Return performance-based stock units. Both were granted March 10, 2023 under Bristow’s 2021 Equity Incentive Plan and vested upon Board approval of performance criteria.
- Filing timeliness: Report covers 2026-02-25 and was filed 2026-02-27 — filed within the typical two-business-day window (timely).
Context
These were performance-based awards that vested after the Board certified that performance conditions were met. Vesting converts PSUs into shares as compensation/retention; it is not a market purchase or sale and should be interpreted as a granted award rather than a discretionary buy or sell by the insider.