BAER Form 4: Director Robert Savage awarded 208,290 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bridger Aerospace Group Holdings, Inc. (BAER) reported an insider equity award for director Robert F. Savage, Jr. On November 25, 2025, he received 208,290 restricted stock units (RSUs) of common stock at a price of $0.00 per share. Each RSU represents one share of common stock and is scheduled to vest on the 12‑month anniversary of November 25, 2025, subject to his continued service.
After this grant, Mr. Savage directly beneficially owns 475,401 shares of common stock, which include 42,498 earnout shares that vest only if volume‑weighted average price targets of $11.50 and $13.00 are met during a defined earnout period. He also has indirect beneficial interests in 50,505 shares held by each of the Madeleine Savage 2021 Trust and the Sophie Savage 2021 Trust, and 527,800 shares held by 656 Investors LLC, which include 212,490 earnout shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
SAVAGE ROBERT F JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 208,290 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 475,401 shares (Direct);
Common Stock — 50,505 shares (Indirect, Madeleine Savage 2021 Trust)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. These RSUs shall vest on the 12-month anniversary of November 25, 2025, subject to the Reporting Person's continued service through such date. 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. 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. 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. Includes 212,490 Earnout Shares. 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.
FAQ
What insider transaction did BAER report for Robert F. Savage, Jr.?
BAER reported that director Robert F. Savage, Jr. received 208,290 restricted stock units (RSUs) of common stock on November 25, 2025 at a price of $0.00 per share.
When do the newly granted BAER RSUs to Robert F. Savage, Jr. vest?
The 208,290 RSUs granted to Robert F. Savage, Jr. are scheduled to vest on the 12‑month anniversary of November 25, 2025, subject to his continued service with the company.
What indirect BAER holdings are reported for Robert F. Savage, Jr.?
Indirect BAER holdings reported include 50,505 shares held by the Madeleine Savage 2021 Trust, 50,505 shares held by the Sophie Savage 2021 Trust, and 527,800 shares held by 656 Investors LLC, over which he has shared authority.