Bridger Aerospace (BAER) awards 45,156 RSUs to board director

Rhea-AI Filing Summary

Schellenberg David reported acquisition or exercise transactions in this Form 4 filing.

Bridger Aerospace Group Holdings director David Schellenberg received an equity award. He was granted 45,156 Restricted Stock Units, each representing one share of common stock at no purchase price. These RSUs vest on the 12‑month anniversary of June 4, 2026, subject to his continued service. Following this grant, he holds 238,188 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schellenberg David

Role null

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

Holdings After Transaction: Common Stock — 238,188 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 45,156 units Grant price: $0.00 per share Shares after transaction: 238,188 shares

3 metrics

RSUs granted 45,156 units Restricted Stock Units granted on June 4, 2026

Grant price $0.00 per share Price per RSU/common share in the award

Shares after transaction 238,188 shares Total common shares beneficially owned after grant

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 the Issuer's Common Stock"

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.

continued service financial

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

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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^*

Schellenberg David

(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	238,188	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/ David Schellenberg	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)

FAQ

What did Bridger Aerospace (BAER) director David Schellenberg report on this Form 4?

David Schellenberg reported an equity compensation grant. He received 45,156 Restricted Stock Units, each representing one share of Bridger Aerospace common stock, with no purchase price and vesting contingent on his continued service for 12 months after June 4, 2026.

How many RSUs did BAER grant to David Schellenberg and at what price?

Bridger Aerospace granted David Schellenberg 45,156 RSUs at a price of $0.00 per unit. Each RSU represents a right to receive one common share, reflecting standard director compensation rather than an open-market stock purchase.

When do David Schellenberg’s BAER RSUs vest?

The RSUs vest on the 12-month anniversary of June 4, 2026, subject to his continued service. This means the award only converts into common shares if he remains in service through that vesting date, aligning compensation with ongoing involvement.

How many Bridger Aerospace shares does David Schellenberg own after this RSU grant?

After the reported grant, David Schellenberg beneficially owns 238,188 shares of Bridger Aerospace common stock directly. This figure includes the impact of the 45,156 RSUs reported in the filing and reflects his updated post-transaction holdings.

Is this BAER Form 4 a stock purchase or a compensation award?

This Form 4 reflects a compensation-related equity award, not a market purchase. The 45,156 Restricted Stock Units were granted at $0.00 per share, vesting after 12 months of continued service, consistent with typical director incentive structures.