South Dakota Investment Council Amends Bristow Group Stake
Ticker: VTOL · Form: SC 13D/A · Filed: May 16, 2024 · CIK: 1525221
| Field | Detail |
|---|---|
| Company | Bristow Group Inc. (VTOL) |
| Form Type | SC 13D/A |
| Filed Date | May 16, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $27.26, $26.68, $27.05, $32.32 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, schedule-13d
TL;DR
SD Investment Council updated its Bristow Group stake filing. Watch for ownership changes.
AI Summary
On May 15, 2024, South Dakota Investment Council filed an amendment (No. 8) to its Schedule 13D regarding Bristow Group Inc. The filing indicates a change in beneficial ownership of Bristow Group Inc. common stock. The specific details of the change in ownership percentage or holdings are not detailed in this excerpt.
Why It Matters
This filing signals a potential shift in the ownership structure of Bristow Group Inc., which could influence the company's strategic direction or market perception.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings can indicate significant investor activity, potentially impacting stock price and corporate strategy.
Key Players & Entities
- South Dakota Investment Council (company) — Filer of the Schedule 13D/A
- Bristow Group Inc. (company) — Subject company of the filing
- Matthew L. Clark (person) — Person authorized to receive notices
FAQ
What specific change in beneficial ownership is reported in this amendment?
This excerpt does not specify the exact change in beneficial ownership percentage or number of shares held by the South Dakota Investment Council.
What is the CUSIP number for Bristow Group Inc. common stock?
The CUSIP number for Bristow Group Inc. common stock is 11040G103.
Who is the filer of this Schedule 13D/A?
The filer is the South Dakota Investment Council.
What is the date of the event requiring this filing?
The date of the event requiring this filing is May 15, 2024.
What was Bristow Group Inc.'s former company name?
Bristow Group Inc.'s former company name was ERA GROUP INC. (and Era Froup Inc.).
Filing Stats: 1,138 words · 5 min read · ~4 pages · Grade level 7.2 · Accepted 2024-05-16 18:03:37
Key Financial Figures
- $0.01 — o the shares of common stock, par value $0.01 per share (the "Common Stock") of Brist
- $27.26 — 04/03/2024 8,707 $ 27.2600 $ 27.26-$27.26 04/30/2024 2,156 $ 26.5919 $ 26.5
- $26.68 — 4/30/2024 2,156 $ 26.5919 $ 26.515-$26.68 05/02/2024 4,761 $ 26.9940 $ 26.9
- $27.05 — 05/02/2024 4,761 $ 26.9940 $ 26.97-$27.05 05/08/2024 28,920 $ 32.2437 $ 32.
- $32.32 — /08/2024 28,920 $ 32.2437 $ 32.235-$32.32 05/09/2024 4,900 $ 33.3904 1 $ 3
- $33.60 — 09/2024 4,900 $ 33.3904 1 $ 33.20-$33.60 05/09/2024 15,100 $ 33.8947 2 $
- $34.41 — 9/2024 15,100 $ 33.8947 2 $ 33.66-$34.41 05/10/2024 27,302 $ 34.0372 $ 34.
- $34.20 — 5/10/2024 27,302 $ 34.0372 $ 34.00-$34.20 05/13/2024 30,296 $ 34.5052 $ 34.
- $34.71 — 5/13/2024 30,296 $ 34.5052 $ 34.25-$34.71 05/14/2024 10,679 $ 35.0178 3 $
- $35.49 — 4/2024 10,679 $ 35.0178 3 $ 34.87-$35.49 05/14/2024 27,104 $ 35.7568 4 $
- $36.04 — 4/2024 27,104 $ 35.7568 4 $ 35.51-$36.04 05/14/2024 72,217 $ 35.6865 5 $
- $35.88 — 4/2024 72,217 $ 35.6865 5 $ 35.60-$35.88 05/15/2024 57,911 $ 36.5177 $ 36.
- $36.58 — 5/15/2024 57,911 $ 36.5177 $ 36.40-$36.58 1 This price reflects the weighted a
- $1.00 — eporting Person on May 9, 2024 within a $1.00 range. 2 This price reflects the wei
Filing Documents
- ef20029385_sc13da.htm (SC 13D/A) — 85KB
- 0001140361-24-026539.txt ( ) — 87KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: May 16, 2024 SOUTH DAKOTA INVESTMENT COUNCIL By: /s/ Matthew L. Clark Name: Matthew L. Clark Title: Exhibit 1 TRANSACTIONS The following table sets forth all transactions effected in the last sixty days by or on behalf of the Reporting Person in relation to the shares of Common Stock. The below transactions were effected in the open market. Trade Date Number of Shares Sold Weighted Average Price per Share Price Range 04/03/2024 8,707 $ 27.2600 $ 27.26-$27.26 04/30/2024 2,156 $ 26.5919 $ 26.515-$26.68 05/02/2024 4,761 $ 26.9940 $ 26.97-$27.05 05/08/2024 28,920 $ 32.2437 $ 32.235-$32.32 05/09/2024 4,900 $ 33.3904 1 $ 33.20-$33.60 05/09/2024 15,100 $ 33.8947 2 $ 33.66-$34.41 05/10/2024 27,302 $ 34.0372 $ 34.00-$34.20 05/13/2024 30,296 $ 34.5052 $ 34.25-$34.71 05/14/2024 10,679 $ 35.0178 3 $ 34.87-$35.49 05/14/2024 27,104 $ 35.7568 4 $ 35.51-$36.04 05/14/2024 72,217 $ 35.6865 5 $ 35.60-$35.88 05/15/2024 57,911 $ 36.5177 $ 36.40-$36.58 1 This price reflects the weighted average price for open-market sales of Common Stock made by the Reporting Person on May 9, 2024 within a $1.00 range. 2 This price reflects the weighted average price for open-market sales of Common Stock made by the Reporting Person on May 9, 2024 within a $1.00 range. 3 This price reflects the weighted average price for open-market sales of Common Stock made by the Reporting Person on May 14, 2024 within a $1.00 range. 4 This price reflects the weighted average price for open-market sales of Common Stock made by the Reporting Person on May 14, 2024 within a $1.00 range. 5 This price reflects the weighted average price for open-market sales of Common Stock made by the Reporting Person on May