Bridger Aerospace director receives 27,514-share RSU award

Bridger Aerospace Group Holdings, Inc. director Ernest Michael Freedman reported an acquisition of company stock through an equity award.

Rhea-AI Filing Summary

Bridger Aerospace Group Holdings, Inc. director Ernest Michael Freedman reported an acquisition of company stock through an equity award. He received 27,514 shares of Common Stock at a price of $0.00 per share, characterized as a grant or award rather than an open-market purchase.

The award was in the form of Restricted Stock Units, each representing a contingent right to one share of Common Stock, and these RSUs vested in full on June 30, 2026. Following this grant, Freedman directly holds 179,438 shares of Bridger Aerospace common stock.

Insights

Equity compensation analyst

Director received a fully vested stock grant as routine equity compensation.

Director Ernest Michael Freedman was granted 27,514 Restricted Stock Units, each equal to one share of Bridger Aerospace Group Holdings, Inc. Common Stock. The grant is coded as an acquisition under a compensation award, with no cash paid per share.

The RSUs vested immediately on June 30, 2026, so the director now fully owns the underlying 27,514 shares, bringing his direct holdings to 179,438 shares. This type of grant is typical for board compensation and does not represent an open-market buy or sell decision.

Insider Trade Summary

Grant/Award: 27,514 shares

Grant/Award 1 txn

Insider FREEDMAN ERNEST MICHAEL

Role Director

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

Holdings After Transaction: Common Stock — 179,438 shares (Direct)

Footnotes (1)

1. 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 June 30, 2026.

Key Figures

RSUs granted: 27,514 shares Grant price per share: $0.00 per share Shares owned after grant: 179,438 shares

3 metrics

RSUs granted 27,514 shares Restricted Stock Unit grant on June 30, 2026

Grant price per share $0.00 per share Stated value for the RSU award

Shares owned after grant 179,438 shares Director’s direct holdings following the transaction

Key Terms

Restricted Stock Unit ("RSU"), Common Stock, Form 4

3 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."

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.

Form 4 regulatory

"The Form 4 shows a grant or award acquisition of 27,514 Restricted Stock Units at a stated price of $0.00 per share."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

What insider transaction did Bridger Aerospace (BAER) report for Ernest Michael Freedman?

Bridger Aerospace reported that director Ernest Michael Freedman received 27,514 Restricted Stock Units, each equal to one share of Common Stock. The award was recorded at a per-share price of $0.00 as a grant or compensation-related acquisition, not an open-market purchase or sale.

How many Bridger Aerospace (BAER) shares does Ernest Michael Freedman hold after this Form 4?

After the reported transaction, Ernest Michael Freedman directly holds 179,438 shares of Bridger Aerospace Common Stock. This total reflects the addition of 27,514 shares received through a Restricted Stock Unit grant that fully vested on June 30, 2026, as disclosed in the Form 4 filing.

Were the Bridger Aerospace (BAER) RSUs granted to Ernest Michael Freedman immediately vested?

Yes, the Restricted Stock Units granted to Ernest Michael Freedman immediately vested in full on June 30, 2026. Each RSU represents a contingent right to receive one share of Bridger Aerospace Common Stock, and full vesting means he now owns all 27,514 underlying shares outright.

Did Ernest Michael Freedman buy Bridger Aerospace (BAER) shares on the open market?

No, Ernest Michael Freedman did not buy shares on the open market in this transaction. The Form 4 shows a grant or award acquisition of 27,514 Restricted Stock Units at a stated price of $0.00 per share, reflecting equity compensation rather than a market trade.

What does the transaction code A mean in the Bridger Aerospace (BAER) Form 4?

Transaction code A on the Form 4 indicates a grant, award, or other acquisition of securities. For Bridger Aerospace, it refers to 27,514 Restricted Stock Units awarded to director Ernest Michael Freedman as compensation, not a voluntary open-market purchase of company stock.

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Accepted by SEC EDGAR 07/02/2026 - 07:00 PM Learn about SEC filing dates

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^*

FREEDMAN ERNEST MICHAEL

(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	179,438	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/ Ernest Michael Freedman	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)