Bristow Group Director Truelove Sells 3,500 Shares for $161,000
Truelove maintains a substantial share position after the sale.
Brian D. Truelove, Director at Bristow Group (NYSE:VTOL), sold 3,500 shares of common stock on Sept. 1, 2026, as disclosed in a recent SEC Form 4 filing .
Transaction value based on SEC Form 4 weighted average sale price ($45.87); post-transaction value based on Sept. 1, 2026, market close ($45.35).
How does this transaction impact the insider's equity position? The sale of 3,500 shares reduces the insider's direct stake, though Truelove maintains a remaining position of 35,728 shares in Bristow.
What was the execution pricing for this disposal? The shares were liquidated at a weighted average price of $45.87, with individual transactions occurring at prices between $45.87 and $45.88.
What is the recent performance context for the stock? The stock was priced at $45.35 as of the Sept. 1, 2026, market close, having achieved an 18% total return over the preceding 12 months.
Share Price (as of market close 2026-09-01)
Bristow Group provides comprehensive vertical-flight solutions and aviation services to offshore energy operators and government agencies, including personnel transportation, search-and-rescue operations, medical evacuation, fixed-wing transportation, and unmanned systems services.
The company generates revenue through three primary operating segments: Offshore Energy Services, which serves oil and gas operators; Government Services, which provides aviation support to government entities; and Other Services, which encompasses complementary aviation and support operations.
Bristow's primary customers include major offshore energy companies and government agencies across the United Kingdom, Norway, the United States, Nigeria, and other international markets, with a particular focus on supporting deepwater and subsea operations.
Bristow Group is a leading provider of essential aviation infrastructure for the global offshore energy sector, operating a fleet of helicopters and supporting services across multiple continents. With approximately 3,660 employees and TTM revenues of $1.6 billion, the company maintains a strategic market position serving mission-critical transportation and emergency response needs for energy operators and government clients. The company's competitive advantages include its established operational presence in key offshore energy regions, specialized expertise in vertical flight operations, and integrated service offerings that address complex customer requirements.
Topics in this story
Gathered from external sources. Rights to this text belong to whoever originally published it.