CORBETT ALAN 4
4 · Bristow Group Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Bristow (VTOL) COO Alan Corbett Receives Stock Award
What Happened
Alan Corbett, COO of Government Services at Bristow Group Inc. (VTOL), received two awards that vested on February 25, 2026. A total of 21,754 shares were acquired upon vesting: 9,142 shares at $46.71 valued at $427,023, and 12,612 shares at $46.71 valued at $589,107 — about $1,016,130 in aggregate. These were recorded as award/grant transactions (code A), not open-market purchases or sales.
Key Details
- Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (filed within the typical two-business-day window).
- Prices reported: $46.71 per share for both lots.
- Share counts and values: 9,142 shares ($427,023) and 12,612 shares ($589,107); total 21,754 shares (~$1.02M).
- Shares owned after transaction: Not disclosed in the Form 4.
- Footnotes:
- F1: 9,142 shares vested from Cash ROIC performance-based stock units (PSUs) granted March 10, 2023 under the 2021 Equity Incentive Plan.
- F2: 12,612 shares vested from Relative Total Stockholder Return PSUs granted March 10, 2023 under the Plan.
- No tax-withholding sale or immediate disposition reported on the filing.
Context
These were performance-based PSU awards that vested after the Board approved satisfaction of performance criteria; they represent equity converted from previously granted PSUs rather than a purchase (so they are routine compensation-related issuances, not an explicit bullish open-market buy). For retail investors, awards like these increase insider shareholdings but do not necessarily indicate an insider buying additional stock on market.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-25$46.71/sh+9,142$427,023→ 82,446 total - Award
Common Stock
[F2]2026-02-25$46.71/sh+12,612$589,107→ 95,058 total
Footnotes (2)
- [F1]Represents shares of common stock that vested on February 25, 2026 upon the approval of the Issuer's Board of Directors (the "Board") of the satisfaction of performance criteria underlying an award of Cash Return on Invested Capital performance-based stock units ("Cash ROIC PSUs") granted to the Reporting Person on March 10, 2023 under the terms of the Issuer's 2021 Equity Incentive Plan (the "Plan").
- [F2]Represents shares of common stock that vested on February 25, 2026 upon the approval of the Board of the satisfaction of performance criteria underlying an award of Relative Total Stockholder Return performance-based stock units ("RTSR PSUs") granted to the Reporting Person on March 10, 2023 under the terms of the Plan.