Whalen Jennifer Dawn 4
Research Summary
AI-generated summary
Bristow (VTOL) CFO Jennifer Whalen Receives Award of 29,038 Shares
What Happened
- Jennifer Dawn Whalen, Senior Vice President and Chief Financial Officer of Bristow Group Inc. (VTOL), acquired 29,038 shares on February 25, 2026 via the vesting of performance-based stock units. The filing shows 12,204 shares (Cash ROIC PSUs) at $46.71 each valued at $570,049 and 16,834 shares (Relative TSR PSUs) at $46.71 each valued at $786,316 — a combined reported value of $1,356,365. These shares were issued upon Board approval that performance criteria were satisfied.
Key Details
- Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (filed within the normal 2-business-day window).
- Transaction type/code: A = Award/Grant (acquisition through vesting of PSUs).
- Price per share reported: $46.71.
- Shares acquired: 12,204 (Cash ROIC PSUs) and 16,834 (RTSR PSUs); total 29,038 shares; total reported value $1,356,365.
- Grant origin: PSUs were granted March 10, 2023 under the Issuer’s 2021 Equity Incentive Plan.
- Footnotes: F1 = Cash Return on Invested Capital performance-based stock units vested upon Board approval; F2 = Relative Total Stockholder Return performance-based stock units vested upon Board approval.
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Not indicated as late.
Context
- These were not open-market purchases or sales but the vesting/issuance of performance-based awards tied to multi-year performance goals. Such transactions reflect compensation/plan vesting rather than a direct market buy or sell by the insider.