Bridger Aerospace director acquires 31,708 shares
During the Earnout Period, the 42,498 Earnout Shares vest in two 50% tranches at VWAP thresholds of $11.50 and $13.00 for at least 20 of 30 consecutive trading days.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Bridger Aerospace Group Holdings, Inc. director Robert F. Savage Jr. acquired 31,708 shares through RSUs on September 30, 2026; the units immediately vested in full. His reported direct holdings afterward were 579,779 shares, including 42,498 Earnout Shares subject to VWAP-based vesting. Separate indirect holdings were reported for Madeleine Savage 2021 Trust and Sophie Savage 2021 Trust (50,505 shares each) and 656 Investors LLC (527,800 shares). Savage disclosed shared voting and disposition authority over those shares and disclaimed beneficial ownership except to the extent of any pecuniary interest.
Insider Trade Summary
Grant/Award: 31,708 shares
Grant/Award
4 txns
Insider
SAVAGE ROBERT F JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 31,708 | $0.00 | $0.00 |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5, F6 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 579,779 shares (Direct);
Common Stock — 50,505 shares (Indirect, Madeleine Savage 2021 Trust);
Common Stock — 50,505 shares (Indirect, Sophie Savage 2021 Trust);
Common Stock — 527,800 shares (Indirect, By 656 Investors LLC)
Footnotes (6)
- F1. 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 September 30, 2026.
- F2. Includes 42,498 shares which vest generally as follows: (i) 50% of the shares vest on the first date during the Earnout Period (defined below) on which the VWAP of the shares exceeds $11.50 for a period of at least 20 out of 30 consecutive trading days, and (ii) 50% of the shares vest on the first date during the Earnout Period on which the VWAP exceeds $13.00 for a period of at least 20 out of 30 consecutive trading days (shares vesting on such schedule, the "Earnout Shares"). The "Earnout Period" is the time period beginning on the date immediately following the January 24, 2023 closing of the Issuer's initial business combination (the "Closing Date") and ending on and including the five year anniversary of the Closing Date. Any Earnout Shares not vested by the end of the Earnout Period shall be forfeited back to the Issuer for no consideration.
- F3. Mr. Savage holds shared authority to direct the voting and disposition of shares held by Madeleine Savage 2021 Trust. The Reporting Person disclaims beneficial ownership of the shares of the Issuer's Common Stock held by Madeleine Savage 2021 Trust 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.
- F4. Mr. Savage holds shared authority to direct the voting and disposition of shares held by Sophie Savage 2021 Trust. The Reporting Person disclaims beneficial ownership of the shares of the Issuer's Common Stock held by Sophie Savage 2021 Trust for purposes of Rule 16a-1(a) under 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.
- F5. Includes 212,490 Earnout Shares.
- F6. Mr. Savage holds shared authority to direct the voting and disposition of shares held by 656 Investors LLC. The Reporting Person disclaims beneficial ownership of the shares of the Issuer's Common Stock held by 656 Investors LLC for purposes of Rule 16a-1(a) under 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
Shares acquired through RSUs: 31,708 shares
Direct shares following transaction: 579,779 shares
Earnout Shares included in direct holdings: 42,498 shares
+5 more
8 metrics
Shares acquired through RSUs
31,708 shares
September 30, 2026
Direct shares following transaction
579,779 shares
Reported after the September 30, 2026 transaction
Earnout Shares included in direct holdings
42,498 shares
Subject to the stated vesting schedule
Madeleine Savage 2021 Trust holdings
50,505 shares
Reported indirect holdings
Sophie Savage 2021 Trust holdings
50,505 shares
Reported indirect holdings
656 Investors LLC holdings
527,800 shares
Reported indirect holdings
Earnout Shares held by 656 Investors LLC
212,490 shares
Included in the LLC's reported holdings
VWAP Earnout Share thresholds
$11.50 and $13.00
Each threshold applies for at least 20 out of 30 consecutive trading days
Key Terms
Restricted Stock Unit, VWAP, Earnout Period, pecuniary interest
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.
VWAP financial
"the VWAP of the shares exceeds $11.50 for a period of at least 20 out of 30 consecutive trading days"
VWAP, or Volume-Weighted Average Price, is a way to find the average price of a stock throughout the trading day, giving more importance to times when more shares are traded. It helps traders see the typical price and decide whether a stock is expensive or cheap compared to its average, similar to finding the average speed during a trip by giving more weight to times when you traveled faster or slower.
Earnout Period financial
"The "Earnout Period" is the time period beginning on the date immediately following"
pecuniary interest regulatory
"except to the extent of the Reporting Person's pecuniary interest therein, if any"
FAQ
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