CORBETT ALAN 4
4 · Bristow Group Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Bristow (VTOL) COO Alan Corbett Sells Shares to Cover Taxes
What Happened
Alan Corbett, Chief Operating Officer, Government Services at Bristow Group, reported share dispositions reflecting tax withholding on vested equity awards. On March 8–10, 2026 a total of 15,663 shares were withheld/disposed at prices between $44.60 and $46.71, with an aggregate value of approximately $726,628. These were tax-withholding transactions (not open‑market sales) tied to vesting of restricted stock units and performance-based stock units.
Key Details
- Transaction dates and amounts:
- 2026-03-08: 1,633 shares withheld at $44.60 — $72,832 (F1)
- 2026-03-10: 4,571 shares withheld at $46.71 — $213,511 (F2)
- 2026-03-10: 6,306 shares withheld at $46.71 — $294,553 (F3)
- 2026-03-10: 3,153 shares withheld at $46.22 — $145,732 (F4)
- Total: 15,663 shares withheld/disposed for $726,628 (approx.).
- Shares owned after transaction: not specified in this filing.
- Footnotes: F1 and F4 relate to portions of prior RSU grants (originally reported Mar 12, 2024 and Mar 14, 2023). F2 = Cash ROIC PSUs (granted Mar 10, 2023). F3 = RTSR PSUs (granted Mar 10, 2023). All denote shares withheld to satisfy tax liabilities.
- Filing timeliness: Form 4 filed on 2026-03-10 reporting transactions dated 2026-03-08 and 03-10 (filed within the standard 2-business-day window).
Context
These transactions are tax-withholding events (transaction code F), meaning the company withheld shares upon vesting to cover the reporting person’s tax obligations. This is a routine administrative action and not an open-market directional sale; it generally does not signal the insider’s view of the company’s prospects.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-08$44.60/sh−1,633$72,832→ 97,770 total - Tax Payment
Common Stock
[F2]2026-03-10$46.71/sh−4,571$213,511→ 93,199 total - Tax Payment
Common Stock
[F3]2026-03-10$46.71/sh−6,306$294,553→ 86,893 total - Tax Payment
Common Stock
[F4]2026-03-10$46.22/sh−3,153$145,732→ 83,740 total
Footnotes (4)
- [F1]Shares withheld to cover the associated tax liability upon the vesting of the second portion of a previous grant of restricted stock units, which grant was originally reported in Table I of the reporting person's Form 4 filed on March 12, 2024.
- [F2]Shares withheld to cover the associated tax liability upon the vesting of the 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").
- [F3]Shares withheld to cover the associated tax liability upon the vesting of the 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.
- [F4]Shares withheld to cover the associated tax liability upon the vesting of the third portion of a previous grant of restricted stock units, which grant was originally reported in Table I of the reporting person's Form 4 filed on March 14, 2023.