Solus Alternative Asset Management LP, Solus GP LLC, and Christopher Pucillo filed a joint Form 4 on September 15, 2026, disclosing two open-market sales of Bristow Group Inc. (NYSE:VTOL) common stock on September 11 and September 14, 2026.

Key Highlights

  • First sale: 5,000 shares of Bristow Group common stock were disposed of on September 11, 2026, at $43 per share.
  • Second sale: 3,000 shares were disposed of on September 14, 2026, at a weighted average price of $43.0333, with individual transactions ranging from $43.0000 to $43.0500.
  • Remaining position: Following the two transactions, the reporting persons report indirect beneficial ownership of 2,841,710 shares of common stock.
  • Three reporting persons: Solus Alternative Asset Management LP, its general partner Solus GP LLC, and Christopher Pucillo (managing member of Solus GP) filed jointly.
  • Ownership disclaimer: According to the filing, the Solus Clients "expressly disclaim beneficial ownership of any shares of Common Stock," and pursuant to Rule 16a-1(a)(1) the reporting persons are not deemed to beneficially own the securities but elected to file nonetheless.

Bristow Group Share Sales by Solus Entities: Transaction Details

According to the filing, the shares covered by this Form 4 are "held directly or indirectly by certain funds and accounts (collectively, 'Clients') managed by Solus Alternative Asset Management LP ('Solus') and/or affiliates thereof." Solus GP LLC serves as the general partner of Solus, and Christopher Pucillo is the managing member of Solus GP. The three parties filed as a group pursuant to Rule 16a-3(j) under the Securities Exchange Act of 1934.

The first transaction, dated September 11, 2026, involved the disposal of 5,000 shares of Bristow Group common stock at $43 per share, reducing the indirectly held position to 2,844,710 shares. The second transaction, dated September 14, 2026, involved the disposal of 3,000 additional shares at a weighted average price of $43.0333. The filing notes that those shares were sold in multiple transactions at prices ranging from $43.0000 to $43.0500 inclusive, and the reporting persons have undertaken to provide full per-price detail upon request to the issuer, any security holder, or SEC staff. After both transactions, the filing reports indirect beneficial ownership of 2,841,710 shares.

The filing classifies Christopher Pucillo's relationship to Bristow Group as Director, while Solus Alternative Asset Management LP and Solus GP LLC are each described as "Other." Both transactions carry transaction code "S" (sale) and the ownership form is listed as indirect for all reported holdings.

What Was Disclosed

The filing discloses two open-market sales of Bristow Group common stock by Solus-affiliated reporting persons on September 11 and September 14, 2026, totaling 8,000 shares, with indirect beneficial ownership of 2,841,710 shares remaining after the transactions.