Bridger Aerospace (BAER) director receives 27,514 vested RSUs as stock award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Drohan Dan reported acquisition or exercise transactions in this Form 4 filing.

Bridger Aerospace Group Holdings director Dan Drohan received an equity grant of 27,514 shares of Common Stock through Restricted Stock Units (RSUs). The RSUs immediately vested in full on June 30, 2026, giving him direct ownership without any cash purchase price. Following this compensation-related award, Drohan directly holds 500,996 shares of the company’s common stock. This filing reflects routine stock-based compensation rather than an open-market transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Drohan Dan

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	27,514	$0.00	--

Holdings After Transaction: Common Stock — 500,996 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU shares granted: 27,514 shares Grant price per share: $0.00 per share Shares owned after transaction: 500,996 shares +1 more

4 metrics

RSU shares granted 27,514 shares Restricted Stock Unit award vested on June 30, 2026

Grant price per share $0.00 per share Reported for RSU acquisition of common stock

Shares owned after transaction 500,996 shares Total direct common stock holdings after RSU vesting

Transaction code A (Grant, award, or other acquisition) Indicates equity grant rather than open-market trade

Key Terms

Restricted Stock Unit, RSU, contingent right, Common Stock

4 terms

Restricted Stock Unit financial

"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share..."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

RSU financial

"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share..."

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

contingent right financial

"represents a contingent right to receive one share of the Issuer's Common Stock."

Common Stock financial

"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 07:00 PM Accepted by SEC EDGAR 07/02/2026 - 07:00 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Drohan Dan

(Last)

(First)

(Middle)

C/O BRIDGER AEROSPACE GROUP HLDGS, INC.

90 AVIATION LANE

(Street)

BELGRADE

MONTANA

59714

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Bridger Aerospace Group Holdings, Inc. [ BAER ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/30/2026		A		27,514⁽¹⁾	A	$0.00	500,996	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. These RSUs immediately vested in full on June 30, 2026.

	/s/ Dan Drohan	07/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Dan Drohan report in the latest BAER Form 4 filing?

Dan Drohan reported receiving 27,514 shares of Bridger Aerospace common stock through a Restricted Stock Unit grant. The RSUs vested immediately on June 30, 2026, increasing his direct holdings to 500,996 shares as stock-based compensation rather than an open-market purchase.

How many Bridger Aerospace (BAER) shares does Dan Drohan now hold?

After the reported grant, Dan Drohan directly holds 500,996 shares of Bridger Aerospace common stock. This total includes 27,514 shares received through Restricted Stock Units that vested in full on June 30, 2026, as part of his equity compensation package from the company.

Was the BAER Form 4 transaction an open-market stock purchase or sale?

The Form 4 shows a grant, not an open-market trade. Dan Drohan acquired 27,514 shares via a Restricted Stock Unit award with a reported price of $0.00 per share, reflecting stock-based compensation instead of buying or selling shares on the open market.

What are the terms of the RSUs reported by Dan Drohan at Bridger Aerospace (BAER)?

Each Restricted Stock Unit represents a contingent right to receive one share of Bridger Aerospace common stock. The reported RSUs vested immediately and in full on June 30, 2026, converting into 27,514 issued shares directly owned by Dan Drohan as equity compensation.

Does the BAER Form 4 indicate any remaining unexercised derivatives for Dan Drohan?

The filing’s derivative section is empty, indicating no derivative securities such as options or warrants are reported for Dan Drohan in this Form 4. The only reported transaction is the fully vested award of 27,514 Restricted Stock Units settled in common shares.