Bridger Aerospace (BAER) director awarded 45,156 RSUs in stock grant

Rhea-AI Filing Summary

Drohan Dan reported acquisition or exercise transactions in this Form 4 filing.

Bridger Aerospace Group Holdings director Dan Drohan received a grant of 45,156 shares of Common Stock as a stock award with no cash purchase price. Each award represents a Restricted Stock Unit that will vest on the 12-month anniversary of June 4, 2026, if he remains in service. Following this grant, he directly holds 473,482 shares of Common Stock.

Insider Trade Summary

Net Buyer: 45,156 shares

Net Buy 1 txn

Insider Drohan Dan

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	45,156	$0.00	--

Holdings After Transaction: Common Stock — 473,482 shares (Direct)

Footnotes (1)

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Key Figures

Stock award size: 45,156 shares Grant price per share: $0.0000 per share Shares held after grant: 473,482 shares +1 more

4 metrics

Stock award size 45,156 shares Common Stock grant on June 4, 2026

Grant price per share $0.0000 per share Reported award price

Shares held after grant 473,482 shares Direct Common Stock holdings post-transaction

RSU-to-share ratio 1 RSU : 1 share Each RSU equals one share of Common Stock

Key Terms

Restricted Stock Unit ("RSU"), vest, contingent right, continued service

4 terms

Restricted Stock Unit ("RSU") financial

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

vest financial

"These RSUs shall vest on the 12-month anniversary of June 4, 2026"

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.

contingent right financial

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

continued service financial

"subject to the Reporting Person's continued service through such date"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 06/08/2026 - 08:00 PM Accepted by SEC EDGAR 06/08/2026 - 08:00 PM Learn about SEC filing dates

FAQ

What did Bridger Aerospace (BAER) director Dan Drohan receive in this Form 4?

Director Dan Drohan received a grant of 45,156 shares of Bridger Aerospace Common Stock as a stock award at no cash purchase price, increasing his direct holdings to 473,482 shares after the transaction.

How many Bridger Aerospace (BAER) shares does Dan Drohan hold after the grant?

After the reported grant, Dan Drohan directly holds 473,482 shares of Bridger Aerospace Common Stock. This figure reflects his position immediately following the 45,156-share stock award reported in the Form 4 filing.

What is the vesting condition for Dan Drohan’s Bridger Aerospace RSUs?

Each Restricted Stock Unit vests on the 12-month anniversary of June 4, 2026, subject to Dan Drohan’s continued service through that date, meaning he must remain in his role for the award to fully vest.

Does Dan Drohan pay cash for the Bridger Aerospace shares granted?

No, the reported grant shows a price per share of $0.0000, indicating these Bridger Aerospace shares were awarded as compensation rather than purchased in the open market for cash consideration.

What does each Bridger Aerospace RSU represent for Dan Drohan?

Each Restricted Stock Unit represents a contingent right to receive one share of Bridger Aerospace Common Stock. Delivery of the shares depends on the RSUs vesting after the specified service-based vesting period.

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^*

Drohan Dan

(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)
06/04/2026

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	06/04/2026		A		45,156(1)	A	$0.00	473,482	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 shall vest on the 12-month anniversary of June 4, 2026, subject to the Reporting Person's continued service through such date.

	/s/ Dan Drohan	06/08/2026
	** 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)