Bridger Aerospace (BAER) director Heller awarded 27,514 fully vested RSUs

Rhea-AI Filing Summary

Heller Dean reported acquisition or exercise transactions in this Form 4 filing.

Bridger Aerospace Group Holdings director Dean Heller received a grant of 27,514 shares of Common Stock through restricted stock units. The award was recorded at a price of $0.00 per share, reflecting a compensation grant rather than an open-market purchase.

According to the footnote, each RSU represents a contingent right to one share of Common Stock, and these RSUs vested in full on June 30, 2026. Following this award, Heller directly holds a total of 460,138 shares of Bridger Aerospace Group Holdings common stock.

Insights

Equity Compensation Analyst

Director received fully vested RSU equity grant, a routine compensation event.

Director Dean Heller acquired 27,514 shares of Bridger Aerospace Group Holdings common stock via a restricted stock unit grant, recorded at $0.00 per share. The transaction is coded as a grant or award, indicating a compensation-related issuance rather than a market trade.

The footnote states each RSU converts into one share and that all RSUs vested immediately on June 30, 2026. After this grant, Heller holds 460,138 shares directly. With no derivative positions reported and no sales in this filing, the event appears to be standard director equity compensation without a directional trading signal.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Heller Dean

Role null

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

Holdings After Transaction: Common Stock — 460,138 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU shares granted: 27,514 shares Grant price per share: $0.00 per share Shares after transaction: 460,138 shares +2 more

5 metrics

RSU shares granted 27,514 shares Restricted Stock Unit grant to director Dean Heller

Grant price per share $0.00 per share Recorded value for RSU common stock grant

Shares after transaction 460,138 shares Dean Heller direct common stock holdings following grant

Transaction code A Grant, award, or other acquisition of non-derivative common stock

Transaction date June 30, 2026 Date RSUs vested in full and were reported

Key Terms

Restricted Stock Unit ("RSU"), contingent right, vested in full, Grant, award, or other acquisition

4 terms

Restricted Stock Unit ("RSU") financial

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

contingent right financial

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

vested in full financial

"These RSUs immediately vested in full on June 30, 2026."

Grant, award, or other acquisition regulatory

"transaction_code_description": "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 07:01 PM Accepted by SEC EDGAR 07/02/2026 - 07:01 PM Learn about SEC filing dates

FAQ

What insider transaction did Bridger Aerospace (BAER) director Dean Heller report?

Dean Heller reported an acquisition of 27,514 shares of Bridger Aerospace common stock through a restricted stock unit grant. The award was recorded at $0.00 per share, indicating equity compensation rather than an open-market purchase or sale, and increased his direct share holdings.

How many Bridger Aerospace (BAER) shares does Dean Heller hold after this Form 4?

After the reported transaction, Dean Heller directly holds 460,138 shares of Bridger Aerospace common stock. This total reflects the addition of 27,514 shares received via a restricted stock unit grant that immediately vested, as disclosed in the Form 4 filing and related footnote.

Was Dean Heller’s Bridger Aerospace (BAER) transaction a stock purchase or a grant?

The filing shows a grant or award acquisition, not an open-market stock purchase. Dean Heller received 27,514 shares at a stated price of $0.00 per share through restricted stock units, which is typical of equity compensation for directors rather than a discretionary market transaction.

What does the RSU footnote in the Bridger Aerospace (BAER) Form 4 explain?

The footnote explains that each Restricted Stock Unit represents a contingent right to receive one share of Bridger Aerospace common stock, and that these RSUs vested in full on June 30, 2026. This means Heller’s entire 27,514-unit grant immediately converted into the same number of common shares.

Did the Bridger Aerospace (BAER) Form 4 report any insider stock sales?

The Form 4 does not report any insider stock sales for Dean Heller. It discloses only one transaction coded as a grant or award acquisition of 27,514 restricted stock units, which vested immediately and increased his direct common stock holdings to 460,138 shares.

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^*

Heller Dean

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/30/2026		A		27,514(1)	A	$0.00	460,138	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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/ Dean Heller	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)