Whalen Jennifer Dawn 4
4 · Bristow Group Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Bristow (VTOL) CFO Jennifer Whalen Withholds Shares for Tax
What Happened
- Jennifer Dawn Whalen, Senior Vice President and Chief Financial Officer of Bristow Group Inc. (VTOL), had 16,071 shares withheld to satisfy tax liabilities upon vesting of prior equity awards. The withholding transactions are reported as dispositions (code F) and total approximately $746,247.
- Transactions reported:
- 2026-03-08: 1,330 shares withheld @ $44.60 → $59,318
- 2026-03-10: 4,803 shares withheld @ $46.71 → $224,348
- 2026-03-10: 6,625 shares withheld @ $46.71 → $309,454
- 2026-03-10: 3,313 shares withheld @ $46.22 → $153,127
Key Details
- Transaction dates: March 8, 2026 and March 10, 2026; Form 4 filed March 10, 2026 (appears timely).
- Total shares withheld: 16,071; total value ≈ $746,247.
- Shares owned after the transactions: not specified in the details provided here (see the full Form 4 for post-transaction holdings).
- Footnotes explain these were tax-withholding events tied to vested awards:
- F1/F4: Portions of previously reported restricted stock unit grants (reported on Form 4s in 2023/2024).
- F2: Cash ROIC performance stock units (granted 3/10/2023).
- F3: Relative TSR performance stock units (granted 3/10/2023).
- Transaction code F indicates shares were withheld to cover tax liability (not an open-market sale or new purchase).
Context
- These are routine tax-withholding dispositions related to the vesting of RSUs/PSUs. They are generally administrative (covering withholding obligations) rather than indicative of a deliberate open-market sale or purchase.
- For retail investors, note that tax withholding on vesting is common and should not be interpreted on its own as a bullish or bearish insider signal.
Insider Transaction Report
Form 4
Whalen Jennifer Dawn
SVP, CFO
Transactions
- Tax Payment
Common Stock
[F1]2026-03-08$44.60/sh−1,330$59,318→ 114,775 total - Tax Payment
Common Stock
[F2]2026-03-10$46.71/sh−4,803$224,348→ 109,972 total - Tax Payment
Common Stock
[F3]2026-03-10$46.71/sh−6,625$309,454→ 103,347 total - Tax Payment
Common Stock
[F4]2026-03-10$46.22/sh−3,313$153,127→ 100,034 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.
Signature
/s/ Justin D. Mogford, Attorney-in-Fact for Jennifer D. Whalen|2026-03-10