Bridger Aerospace (BAER) COO receives 265,547 RSUs in equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Andrews Adolphus William reported acquisition or exercise transactions in this Form 4 filing.

Bridger Aerospace Group Holdings, Inc. reported that Chief Operating Officer Adolphus William Andrews received an equity grant of 265,547 shares of common stock in the form of Restricted Stock Units. The grant price is shown as zero, indicating a compensation award rather than a market purchase.

Each RSU represents a right to one share of common stock and will vest in three equal annual installments on May 11, 2027, May 11, 2028 and May 11, 2029, subject to his continued service. Following this grant, Andrews holds 476,171 shares of common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Andrews Adolphus William

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	265,547	$0.00	--

Holdings After Transaction: Common Stock — 476,171 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 265,547 shares Price per RSU: $0.00 per share Post-grant holdings: 476,171 shares +2 more

5 metrics

RSU grant size 265,547 shares Restricted Stock Units granted to COO on May 11, 2026

Price per RSU $0.00 per share Indicates compensation award, not market purchase

Post-grant holdings 476,171 shares COO’s total direct common stock holdings after the grant

Vesting schedule start May 11, 2027 First of three equal annual RSU vesting dates

Final vesting date May 11, 2029 Last scheduled vesting date for the RSU award

Key Terms

Restricted Stock Unit, RSU, contingent right, vest

4 terms

Restricted Stock Unit financial

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

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

"The RSUs vest in three equal annual installments scheduled to occur on May 11, 2027, May 11, 2028 and May 11, 2029"

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 common stock of the Issuer"

vest financial

"The RSUs vest in three equal annual installments"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

05/13/2026 - 08:00 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^*

Andrews Adolphus William

(Last)

(First)

(Middle)

C/O BRIDGER AEROSPACE GRP HLDNGS, 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

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	05/11/2026		A		265,547⁽¹⁾	A	$0	476,171	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 common stock of the Issuer. The RSUs vest in three equal annual installments scheduled to occur on May 11, 2027, May 11, 2028 and May 11, 2029, subject to the Reporting Person's continued service through the applicable date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	/s/ Justin D. Mogford, attorney-in-fact for Adolphus William Andrews	05/13/2026
	** 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 Bridger Aerospace (BAER) disclose about its COO in this Form 4?

Bridger Aerospace disclosed that its Chief Operating Officer, Adolphus William Andrews, received a grant of 265,547 Restricted Stock Units, each representing one share of common stock, as part of his compensation, increasing his direct holdings to 476,171 shares after the award.

How many RSUs did the Bridger Aerospace (BAER) COO receive and at what price?

The COO received 265,547 Restricted Stock Units with a stated price per share of $0.00. This indicates a compensation-related equity award rather than an open-market purchase, aligning his interests with shareholders through additional stock-based incentives.

When do the COO’s 265,547 Bridger Aerospace (BAER) RSUs vest?

The 265,547 RSUs vest in three equal annual installments on May 11, 2027, May 11, 2028, and May 11, 2029. Vesting is contingent on the COO’s continued service with Bridger Aerospace through each applicable vesting date.

What is the COO’s total Bridger Aerospace (BAER) shareholding after this RSU grant?

After receiving the 265,547-share RSU grant, the COO’s direct holdings total 476,171 shares of Bridger Aerospace common stock. This figure reflects his position following the award and shows the scale of his equity stake in the company.

Does the Bridger Aerospace (BAER) Form 4 indicate a stock purchase or compensation award?

The Form 4 indicates a compensation award, not a market purchase. The transaction is coded as a grant or award acquisition, with 265,547 RSUs at $0.00 per share, which is typical for stock-based compensation rather than open-market buying.