Bristow Group Inc.
For the period ended Jun 3, 2026. Filed Apr 20, 2026.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Jun 3, 2026 · Filed Apr 20, 2026
Contents
Cover page
Show cover page
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934
Filed by the Registrantþ
Filed by a Party other than the Registrant¨
Check the appropriate box:
¨ Preliminary Proxy Statement
¨ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
þ Definitive Proxy Statement
¨ Definitive Additional Materials
¨ Soliciting Material under §240.14a-12
Bristow Group Inc.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check all boxes that apply):
þ No fee required
¨ Fee paid previously with preliminary materials
¨ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11
3151 Briarpark Drive
Suite 700
Houston, Texas 77042
Notice of 2026
Annual Meeting of Stockholders
And Proxy Statement
3151 Briarpark Drive
Suite 700
Houston, Texas 77042
April 20, 2026
Dear Fellow Stockholder:
You are cordially invited to attend the 2026 Annual Meeting of Stockholders (the “Meeting”) of Bristow Group Inc. (the “Company”), which will be held exclusively via a live audio webcast at www.virtualshareholdermeeting.com/VTOL2026 on Wednesday, June 3, 2026, at 9:00 a.m. Central Daylight Time. All holders of record of the Company’s outstanding common stock at the close of business on April 6, 2026 will be entitled to vote at the Meeting.
At the Meeting, we will ask you (i) to elect nine directors to serve until the 2027 Annual Meeting of Stockholders; (ii) to approve, on an advisory basis, named executive officer compensation; (iii) to approve a proposed amendment to the Company’s 2021 Equity Incentive Plan; and (iv) to ratify the appointment of KPMG LLP as the Company’s independent auditors for 2026.
Regardless of the number of shares of the Company’s common stock that you own, you are encouraged to carefully read the accompanying Proxy Statement and our Annual Report on Form 10-K for the year ended December 31, 2025. Please review the proxy card for instructions on how you can vote your shares of common stock over the Internet, by telephone, by mail or by attending the Meeting online at www.virtualshareholdermeeting.com/VTOL2026 using your 16-digit control number and voting your shares electronically on June 3, 2026. It is important that all holders of our common stock participate in the affairs of the Company. The prompt return of proxy cards will ensure the presence of a quorum.
We look forward to your participation in the Meeting.
Sincerely,
Christopher S. Bradshaw
President and Chief Executive Officer
| 3151 Briarpark Drive | Suite 700 | Houston, Texas 77042 | |
|---|---|
| Notice of 2026Annual Meeting of StockholdersDATEJune 3, 2026TIME9:00 a.m. CDTVIA WEBCASTwww.virtualshareholdermeeting.com/VTOL2026 | TO OUR STOCKHOLDERS |
| The 2026 Annual Meeting of Stockholders (the “Meeting”) of Bristow Group Inc. (the “Company”) will be held exclusively via a live audio webcast at www.virtualshareholdermeeting.com/VTOL2026 on Wednesday, June 3, 2026, at 9:00 a.m. Central Daylight Time for the following purposes: | |
| 1. | To elect nine directors named in the accompanying Proxy Statement to serve until the 2027 Annual Meeting of Stockholders or until his or her successor is duly qualified and elected or until his or her earlier resignation or removal; |
| 2. | To approve, on an advisory basis, named executive officer compensation; |
| 3. | To approve an amendment to the Company’s 2021 Equity Incentive Plan; |
| 4. | To ratify the appointment of KPMG LLP as the Company’s independent auditors for 2026; and |
| 5. | To transact such other business as may properly come before the Meeting and any adjournments or postponements thereof. |
| Only holders of record of the Company’s common stock at the close of business on April 6, 2026 will be entitled to notice of and to vote at the Meeting. See the “Solicitation of Proxies, Voting and Revocation” section of the accompanying Proxy Statement for the place where the list of stockholders may be examined.We are furnishing proxy materials to our stockholders using the U.S. Securities and Exchange Commission (“SEC”) rule that allows companies to furnish their proxy materials over the Internet. As a result, on or about April 20, 2026, we are mailing to many of our stockholders a Notice of Internet Availability of Proxy Materials (“Notice”) instead of a paper copy of the accompanying Proxy Statement and our Annual Report on Form 10-K for the year ended December 31, 2025 (the “2025 Annual Report”). | |
| FOR SPECIFIC INSTRUCTIONS Please refer to the section entitled “Questions and Answers About Voting Your Shares” beginning on page 1 | The Notice contains instructions on how to access the accompanying Proxy Statement and our 2025 Annual Report over the Internet. The Notice also provides instructions on how you can request a copy of our proxy materials, including the accompanying Proxy Statement, our 2025 Annual Report and a form of our proxy card. We believe that posting these materials on the Internet enables us to provide stockholders with the information that they need more quickly, while lowering our costs of printing and delivery and reducing the environmental impact of the Meeting. All stockholders who do not receive a Notice, including the stockholders who have previously requested to receive paper copies of our proxy materials, will receive a paper copy of our proxy materials by mail. If you received our proxy materials via e-mail in accordance with your previous request, the e-mail contains voting instructions and links to the accompanying Proxy Statement and our 2025 Annual Report on the Internet.Only stockholders of record and beneficial owners will be able to virtually attend and vote their shares of the Company’s common stock electronically at the Meeting. Submitting a vote before the Meeting will not preclude you from voting your shares electronically at the Meeting should you decide to virtually attend. For specific instructions on how to participate in and vote your shares at the Meeting, please refer to the section entitled “Questions and Answers About Voting Your Shares” beginning on page 1 of the accompanying Proxy Statement.By order of our Board of Directors,Anne Burguieres RappoldChief Legal Officer and Corporate Secretary | |
|---|---|---|
| YOUR VOTE IS VERY IMPORTANT! WE ENCOURAGE YOU TO VOTE AS SOON AS POSSIBLE. PLEASE VOTE BY PROXY OVER THE INTERNET, OR, IF YOU RECEIVED PAPER COPIES OF OUR PROXY MATERIALS BY MAIL, YOU CAN VOTE BY MAIL, TELEPHONE OR INTERNET BY FOLLOWING THE INSTRUCTIONS ON THE PROXY CARD, WHETHER OR NOT YOU EXPECT TO VIRTUALLY ATTEND THE MEETING, SO THAT YOUR SHARES OF THE COMPANY’S COMMON STOCK MAY BE REPRESENTED AT THE MEETING IF YOU ARE UNABLE TO VIRTUALLY ATTEND AND VOTE ELECTRONICALLY. | ||
PROXY STATEMENT SUMMARY
This summary highlights certain information contained elsewhere in this Proxy Statement. This summary does not contain all of the information that you may wish to consider prior to voting. Please review the entire Proxy Statement and our Annual Report on Form 10-K for the year ended December 31, 2025 for more detailed information.
2026 Annual Meeting of Stockholders (the “Meeting”)
| Meeting DetailsDATEJune 3, 2026TIME9:00 a.m. CDTVIA WEBCASTwww.virtualshareholdermeeting.com/VTOL2026 | VOTING ELIGIBILITYOnly stockholders as of the close of business on April 6, 2026 (the “Record Date”) are eligible to vote at the Meeting or by proxy, and each such stockholder shall have one vote for each share of common stock held on the Record Date. | |
| VOTING METHODS | ||
| BEFORE THE MEETING | ||
| BY INTERNET Go to www.proxyvote.com for voting instructions or scan the QR code on your Important Notice Regarding the Availability of Proxy Materials or proxy card with your smartphone, then cast your vote electronically by 11:59 p.m. (Eastern Daylight Time) on June 2, 2026. | ||
| BY TELEPHONE You may call 1-800-690-6903 on a touch-tone telephone and follow the instructions provided by the recorded message to vote your shares by telephone by 11:59 p.m. (Eastern Daylight Time) on June 2, 2026. | ||
| BY MAIL You may promptly mail your completed and executed proxy card in the postage-paid envelope, which must be received by the Company on or prior to June 2, 2026. | ||
| DURING THE MEETING | ||
| VIRTUAL MEETING Go to www.virtualshareholdermeeting.com/VTOL2026 and follow the posted instructions. You will need the 16-digit control number included on your Notice of Internet Availability of Proxy Materials, your proxy card or the voting instructions that accompany your proxy materials. | ||
Business of the Meeting
| Proposals · Board VoteRecommendation · See Page Numberfor more information | |||
|---|---|---|---|
| 1 | Election of Directors | FOR each nominee | 23 |
| 2 | Advisory Vote to Approve Named Executive Officer Compensation | FOR | 74 |
| 3 | Approval of an Amendment to the Company’s 2021 Equity Incentive Plan | FOR | 75 |
| 4 | Ratification of the Company’s Independent Auditors | FOR | 83 |
| Bristow Group Inc. | i | 2026 Proxy Statement |
|---|
| PROXY STATEMENT SUMMARY | TABLE OF CONTENTS | 1 |
|---|
Our Director Nominees
You are being asked to vote on the election of these nine directors. Additional information about each director’s background, skills and experience can be found on pages 24 to 28 of this Proxy Statement.
| Name | Age | Director Since | Independent | Committee Membership and Chairpersons |
|---|---|---|---|---|
| G. Mark Mickelson | 60 | 2020 | ü | Chairman of the Board of Directors |
| Christopher S. Bradshaw | 49 | 2015 | ü | |
| Lorin L. Brass | 72 | 2020 | ü | CompensationEnvironmental, Social, and Governance |
| Wesley E. Kern | 59 | 2020 | ü | Compensation (Chair)Audit |
| Robert J. Manzo | 68 | 2020 | ü | Environmental, Social, and Governance (Chair)Audit |
| General Maryanne Miller, Ret. | 67 | 2021 | ü | Compensation |
| Christopher Pucillo | 58 | 2020 | ü | CompensationEnvironmental, Social, and Governance |
| Shefali Shah | 54 | 2023 | ü | Audit |
| Brian D. Truelove | 67 | 2020 | ü | Audit (Chair)Environmental, Social, and Governance |
Advisory Vote to Approve Named Executive Officer Compensation
Underpinning our executive compensation program is a belief by the Compensation Committee that there must be a meaningful link between the compensation paid to our Name Executive Officers and our goal of long-term value creation for our stockholders. In 2025, the Compensation Committee and the Board of Directors (our “Board”) determined that the compensation program was effective as designed and elected not to make significant changes to the executive compensation program relative to 2024.
The 2025 executive compensation program included: pay tied to performance through the use of performance-based stock units (“PSUs”) comprising 60% of the Company’s long-term incentive program, which PSUs may be earned via performance against an absolute financial metric and relative total stockholder return; a 50% weighting of the financial metric in the short-term annual incentive program (the “STIP”); and a minimum financial metric threshold that must be achieved prior to the payment of any amounts under the individual strategic goals portion of the STIP.
| Bristow Group Inc. | ii | 2026 Proxy Statement |
|---|
| PROXY STATEMENT SUMMARY | TABLE OF CONTENTS | 1 |
|---|
Set forth below are other executive compensation best practices that guide the design of our executive compensation program.
| üWHAT WE DO | ü | Engage with stockholders to discuss matters of interest. |
|---|---|---|
| ü | Pay for performance. Place a heavy emphasis on variable pay with approximately 85% of our Chief Executive Officer’s target direct compensation contingent upon financial and operational performance and growth in long-term stockholder value. | |
| ü | Use performance-based long-term incentive award compensation through PSUs for which value is contingent upon stock price, Company performance, and performance relative to the PHLX Oil Service Index (the “OSX Index”). | |
| ü | Review target compensation levels relative to an appropriate set of peers annually. | |
| ü | Reinforce the alignment of stockholders and our executives and directors by requiring significant levels of stock ownership. | |
| ü | Ensure accountability and manage risk through (i) a robust financial restatement clawback policy applicable to our executive officers in compliance with NYSE requirements and a supplemental policy for all employees, applicable to both cash and equity awards, in the event of a restatement as a result of employee misconduct; (ii) limits on maximum opportunities earned under our annual cash incentive award and PSUs; and (iii) ongoing risk assessments of our program. | |
| ü | Use relative and absolute performance metrics to determine the payment of performance-based stock units awarded under the Company’s long-term incentive awards. | |
| ü | Maintain a Compensation Committee composed entirely of independent directors who are advised by an independent compensation consultant. |
| XWHAT WEDON’T DO | X | No employment agreements with any of our executive officers. |
|---|---|---|
| X | No pledging or hedging of our Company stock (unless cleared in advance by our Compliance Committee), and no repricing of stock options. | |
| X | No excise tax gross-ups. | |
| X | No significant perquisites. | |
| X | No guarantee of bonuses. |
Amendment to the Company’s 2021 Equity Incentive Plan
At the Meeting, our stockholders will be asked to approve an amendment (the “Amendment”) to the Company’s 2021 Equity Incentive Plan (the “LTIP”) to increase the number of shares that may be issued thereunder from 3,385,000 shares to 4,200,000 shares. Our Board approved the Amendment on April 14, 2026, subject to stockholder approval. We believe that the requested allocation is critical to ensure our ability to attract and retain key talent and to provide our executive leadership team with competitive reward opportunities that are aligned with our stockholders’ interests.
Our Independent Auditors
The Audit Committee of our Board has determined that the accounting firm of KPMG LLP (“KPMG”) is independent from the Company and appointed KPMG as the Company’s independent auditors for 2026. Our Board recommends a vote for the ratification of the appointment of KPMG, which conducted the examination of the Company’s financial statements for each of the past 23 years. KPMG’s total fees for 2025 and 2024 were $2.6 million and $2.5 million, respectively, which included approximately $0.1 million (or 5.1%) and $0.1 million (or 3.6%) of non-audit services in 2025 and 2024, respectively, that were authorized by the Audit Committee in compliance with our pre-approval policies and procedures.
| Bristow Group Inc. | iii | 2026 Proxy Statement |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.