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Bridger Aerospace (BAER) General Counsel reports large RSU-based stock grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bridger Aerospace Group Holdings, Inc. reported that its General Counsel & Corporate Secretary, Justin D. Mogford, received equity awards in the form of common stock-based grants. One award covers 238,993 shares, bringing his holdings in that line to 451,431 shares.

A second award covers 212,438 shares, with holdings in that line shown as 212,438 shares after the grant. Footnotes explain these are Restricted Stock Units that convert into one common share each as they vest over time, subject to Mogford’s continued service through scheduled vesting dates in 2027, 2028, and 2029.

Positive

  • None.

Negative

  • None.
Insider Mogford Justin D
Role General Counsel & Corp. Sec.
Type Security Shares Price Value
Grant/Award Common Stock 212,438 $0.00 --
Grant/Award Common Stock 238,993 $0.00 --
Holdings After Transaction: Common Stock — 212,438 shares (Direct, null)
Footnotes (1)
  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. Each RSU represents a contingent right to receive one share of common stock of the Issuer. 50% of the RSUs vest on April 1, 2027 and 50% vest on April 1, 2028, subject to the Reporting Person's continued service through the applicable date.
First stock grant 238,993 shares Common Stock grant on May 11, 2026
Holdings after first grant 451,431 shares Total shares following first transaction
Second stock grant 212,438 shares Common Stock grant on May 11, 2026
Holdings after second grant 212,438 shares Total shares following second transaction
RSU vesting dates (first grant) May 11, 2027/2028/2029 Three equal annual installments, subject to continued service
RSU vesting dates (second grant) April 1, 2027 and April 1, 2028 50% vesting on each date, subject to continued service
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
contingent right financial
"represents a contingent right to receive one share of common stock"
vest financial
"The RSUs vest in three equal annual installments scheduled to occur on May 11, 2027, May 11, 2028 and May 11, 2029"
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.
continued service financial
"subject to the Reporting Person's continued service through the applicable date"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Mogford Justin D
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel & Corp. Sec.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/11/2026A212,438(1)A$0.00212,438D
Common Stock05/11/2026A238,993(2)A$0.00451,431D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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.
2. Each RSU represents a contingent right to receive one share of common stock of the Issuer. 50% of the RSUs vest on April 1, 2027 and 50% vest on April 1, 2028, subject to the Reporting Person's continued service through the applicable date.
/s/ Justin D Mogford05/13/2026
** Signature of Reporting PersonDate
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 BAER’s General Counsel report in this Form 4 filing?

The filing shows General Counsel Justin D. Mogford received equity awards in the form of common stock-based grants. These are compensation-related grants rather than open-market purchases or sales, and they increase his reported ownership position in Bridger Aerospace Group Holdings.

How many Bridger Aerospace (BAER) shares were granted to Justin Mogford?

Justin Mogford was granted 238,993 shares in one award and 212,438 shares in a second award. Each award is tied to Restricted Stock Units that can convert into common shares as specific vesting conditions are satisfied over future years.

Are Justin Mogford’s BAER stock grants immediately vested?

No, the awards vest over time. One RSU grant vests in three equal annual installments on May 11, 2027, May 11, 2028, and May 11, 2029. Another grant vests 50% on April 1, 2027 and 50% on April 1, 2028, subject to continued service.

What is a Restricted Stock Unit (RSU) in the BAER Form 4 footnotes?

The footnotes state each Restricted Stock Unit represents a contingent right to receive one share of Bridger Aerospace common stock. The RSUs only deliver shares if the service-based vesting conditions are met on the specified future vesting dates.

Did Justin Mogford buy or sell BAER shares on the open market?

No open-market trades are reported. The transactions are coded as awards or other acquisitions at a price of $0.00 per share, indicating stock-based compensation grants rather than discretionary purchases or sales in the public market.

How many BAER shares does Justin Mogford hold after these Form 4 transactions?

After one award of 238,993 shares, that line of holdings is reported as 451,431 shares. After the second award of 212,438 shares, that line shows 212,438 shares. These figures reflect the reported ownership following each respective grant.