Bridger Aerospace (BAER) CEO receives multi-year RSU stock grants

Rhea-AI Filing Summary

Davis Samuel Carl reported acquisition or exercise transactions in this Form 4 filing.

Bridger Aerospace Group Holdings CEO & President Samuel Carl Davis reported multiple stock awards. On May 11, 2026, he was granted 265,547 shares of common stock, 1,000,000 shares, and an additional 318,657 shares, all reported with a zero dollar grant price.

The footnote explains these awards are Restricted Stock Units, each representing a contingent right to receive one share of common stock. The RSUs vest in three equal annual installments scheduled for May 11, 2027, May 11, 2028, and May 11, 2029, subject to his continued service with the company.

Insights

Equity compensation analyst

CEO receives multi‑year RSU grants as stock-based compensation.

The filing shows CEO & President Samuel Carl Davis receiving three separate common stock awards on May 11, 2026, coded as grants or awards rather than market purchases. These are compensation-related equity grants, not open-market insider buying.

A footnote clarifies the awards are Restricted Stock Units (RSUs), each convertible into one common share. The RSUs vest in three equal annual tranches in 2027, 2028, and 2029, contingent on his continued service, aligning part of his pay with long-term company performance.

The filing does not show any sales or option exercises, and there are no derivative positions listed afterward. Future company filings may provide additional context on how these grants fit within Bridger Aerospace’s broader executive compensation structure.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Davis Samuel Carl

Role CEO & President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	318,657	$0.00	--
Grant/Award	Common Stock	1,000,000	$0.00	--
Grant/Award	Common Stock	265,547	$0.00	--

Holdings After Transaction: Common Stock — 744,223 shares (Direct, null)

Footnotes (1)

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Key Figures

Stock grant 1: 265,547 shares of common stock Stock grant 2: 1,000,000 shares of common stock Stock grant 3: 318,657 shares of common stock +1 more

4 metrics

Stock grant 1 265,547 shares of common stock Grant/award on May 11, 2026

Stock grant 2 1,000,000 shares of common stock Grant/award on May 11, 2026

Stock grant 3 318,657 shares of common stock Grant/award on May 11, 2026

RSU vesting schedule 3 equal annual installments Vesting on May 11, 2027, 2028 and 2029

Key Terms

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

4 terms

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"

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 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^*

Davis Samuel Carl

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

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	05/11/2026		A		318,657(1)	A	$0.00	744,223	D
Common Stock	05/11/2026		A		1,000,000(1)	A	$0.00	1,744,223	D
Common Stock	05/11/2026		A		265,547(1)	A	$0.00	2,009,770	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 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.

	/s/ Justin D. Mogford, attorney-in-fact for Samuel Carl Davis	05/13/2026
	** 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)

FAQ

What did Bridger Aerospace (BAER) disclose about CEO stock awards?

Bridger Aerospace reported its CEO, Samuel Carl Davis, received several common stock awards on May 11, 2026. These are equity compensation grants, not open‑market purchases, and are structured as Restricted Stock Units that convert into common shares over time.

How many Bridger Aerospace (BAER) shares were granted to the CEO?

The CEO was granted 265,547 shares of common stock, another 1,000,000-share award, and a further 318,657-share award. All were reported at a grant price of zero, consistent with stock-based compensation rather than cash purchases in the open market.

What are the vesting terms of the BAER CEO’s RSU awards?

Each Restricted Stock Unit vests in three equal annual installments on May 11, 2027, May 11, 2028, and May 11, 2029. Vesting is contingent on the CEO’s continued service, meaning he must remain with Bridger Aerospace through each date to receive those shares.

Are the Bridger Aerospace (BAER) CEO’s Form 4 transactions market purchases or sales?

The Form 4 shows no market purchases or sales. All reported entries use transaction code “A,” indicating grants or awards of common stock. These grants are stock-based compensation and are distinct from buying or selling shares in the open market.

Does the BAER CEO’s RSU grant depend on performance or only service?

The filing states the RSUs vest in three equal annual installments, subject to the reporting person’s continued service through each vesting date. It describes a service-based vesting condition and does not mention any additional performance conditions in the provided excerpt.