BAER legal chief has shares withheld for taxes
Bridger Aerospace Group Holdings, Inc. disclosed a routine tax-related share withholding for Chief Legal Officer & EVP James J. Muchmore.
Rhea-AI Filing Summary
Bridger Aerospace Group Holdings, Inc. disclosed a routine tax-related share withholding for Chief Legal Officer & EVP James J. Muchmore. On the vesting of 87,114 restricted stock units, 27,708 shares of common stock were withheld at $2.20 per share to satisfy tax liabilities, and no shares were sold on the market. Following this disposition, Muchmore directly holds 764,800 common shares. An additional 1,986,345 common shares are held indirectly through Black River Group, LLC, which he manages and for which he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 27,708 shares
Exercise Price or Tax Liability
2 txns
Insider
Muchmore James J
Role
Chief Legal Officer & EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 27,708 | $2.20 | $61K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 764,800 shares (Direct);
Common Stock — 1,986,345 shares (Indirect, See footnotes)
Footnotes (2)
- F1. Represents shares withheld by the Issuer in connection with the reporting person's net shares settlement to satisfy tax liability upon the vesting of 87,114 shares of restricted stock units. No shares were sold by the reporting person to satisfy this tax liability.
- F2. These shares are held directly by Black River Group, LLC, which is managed by the Reporting Person. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Act"), except to the extent of the Reporting Person's pecuniary interest therein, if any, and the filing of this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Act or for any other purpose.
Key Figures
Tax-withheld shares: 27,708 shares
Withholding price: $2.20 per share
RSUs vested: 87,114 units
+2 more
5 metrics
Tax-withheld shares
27,708 shares
Withheld for tax liability on RSU vesting
Withholding price
$2.20 per share
Value used for tax-withholding disposition
RSUs vested
87,114 units
Restricted stock units vesting that triggered taxes
Direct holdings after transaction
764,800 shares
Common stock directly held by reporting person
Indirect holdings via LLC
1,986,345 shares
Common stock held by Black River Group, LLC
Key Terms
restricted stock units, net shares settlement, tax liability, beneficial ownership, +1 more
5 terms
restricted stock units financial
"upon the vesting of 87,114 shares of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"to satisfy tax liability upon the vesting of 87,114 shares"
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of the securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"for purposes of Section 16 of the Act or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What did BAER insider James J. Muchmore report in this Form 4?
He reported a routine tax-withholding disposition, where 27,708 BAER shares were withheld to cover taxes on vested restricted stock units. No shares were sold in the market, and his direct share ownership remains substantial after the transaction.
What does the Black River Group, LLC holding mean for BAER ownership?
Black River Group, LLC directly holds 1,986,345 BAER shares. It is managed by James J. Muchmore, who disclaims beneficial ownership under Section 16 except for any pecuniary interest. This structure affects how his indirect ownership is viewed for reporting purposes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
