Welcome to our dedicated page for Bridger Aerospace Group Holdings SEC filings (Ticker: BAER), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Bridger Aerospace Group Holdings, Inc.'s SEC filings document the public-company record for an aerial firefighting and wildfire management business with common stock and warrants outstanding. Current reports disclose operating results, Regulation FD materials, material agreements, fleet-related transactions, financing activity, and executive appointments, retirements, severance arrangements, and compensation matters.
Proxy materials describe stockholder voting matters, board elections, committee oversight, auditor ratification, and governance procedures. The filings also provide formal disclosure around capital structure, financial condition, risk, and the operational subjects tied to Bridger’s fire suppression, aerial surveillance, specialty aviation, and maintenance activities.
Andrews Adolphus William reported acquisition or exercise transactions in this Form 4 filing.
Bridger Aerospace Group Holdings, Inc. reported that Chief Operating Officer Adolphus William Andrews received an equity grant of 265,547 shares of common stock in the form of Restricted Stock Units. The grant price is shown as zero, indicating a compensation award rather than a market purchase.
Each RSU represents a right to one share of common stock and will vest in three equal annual installments on May 11, 2027, May 11, 2028 and May 11, 2029, subject to his continued service. Following this grant, Andrews holds 476,171 shares of common stock directly.
Bridger Aerospace Group Holdings, Inc. reported first quarter 2026 revenue of $8.5 million, down from $15.6 million a year earlier, mainly due to non-recurring 2025 return-to-service work and atypical early fire deployments last year. The business remained in its seasonal low period as the company prepared its aerial firefighting fleet for a fire season management expects to be highly active.
Cost of revenues was $17.0 million, and Bridger posted a net loss of $31.3 million, or $0.69 per share, compared with a net loss of $15.5 million, or $0.41 per share, in the prior-year quarter. Adjusted EBITDA was a loss of $14.5 million versus a loss of $5.1 million last year, reflecting higher stock-based compensation, warrant fair-value changes and increased workforce and technology spending.
Cash and cash equivalents fell to $9.0 million as of March 31, 2026 from $31.4 million at year end 2025, driven by seasonal working capital needs and investments in fleet readiness, sensor upgrades and aircraft slots. Despite the weak seasonal quarter, Bridger reiterated full-year 2026 guidance for revenue of $135 million–$145 million and Adjusted EBITDA of $55 million–$60 million, which it describes as 14% growth at the midpoint, or 29% when excluding 2025 return-to-service revenue.
Bridger Aerospace Group Holdings, Inc. reported first‑quarter 2026 results with lower revenue and a significantly wider loss than a year earlier. Revenue was $8.5 million versus $15.6 million in 2025, driven by weaker fire suppression and MRO activity in both the U.S. and Spain.
Net loss grew to $31.3 million from $15.5 million, and loss per share increased to $0.69 from $0.41. Operating cash outflow was $21.1 million, reducing cash and cash equivalents to $9.0 million from $31.4 million at year‑end, while total debt rose to $227.8 million, leaving a stockholders’ deficit of $380.1 million. The company maintains a 21‑aircraft fleet, has $10.4 million of remaining contracted performance obligations (98% expected within 12 months), and recently drew $6.0 million on its revolving credit facility.
Bridger Aerospace Group Holdings, Inc. is calling a virtual 2026 Annual Meeting on June 4, 2026 at 10:00 a.m. Mountain Time. Stockholders will vote on electing three Class I directors to terms ending at the 2029 meeting and on ratifying Crowe LLP as independent auditor for the year ending December 31, 2026. Only holders of the 57,637,641 shares of common stock outstanding as of April 20, 2026 may vote, one vote per share, using internet, phone, mail, or the virtual meeting platform. The proxy describes Bridger’s classified, majority‑independent board, key committees, executive team changes, related‑party transactions, director and executive compensation, equity plans, and the ownership of major stockholders and insiders.
Bridger Aerospace Group Holdings, Inc. disclosed a routine tax-related share withholding for Chief Legal Officer & EVP James J. Muchmore. On the vesting of 87,114 restricted stock units, 27,708 shares of common stock were withheld at $2.20 per share to satisfy tax liabilities, and no shares were sold on the market. Following this disposition, Muchmore directly holds 764,800 common shares. An additional 1,986,345 common shares are held indirectly through Black River Group, LLC, which he manages and for which he disclaims beneficial ownership except for any pecuniary interest.
Bridger Aerospace Group Holdings CEO Samuel Carl Davis reported a routine tax-withholding transaction involving company stock. On March 16, 2026, 21,114 shares of common stock were withheld by the company to satisfy his tax liability when 64,368 restricted stock units vested. According to the disclosure, no shares were sold on the market to cover these taxes; the shares were simply retained by the issuer. After this withholding, Davis continues to hold 425,566 shares of common stock directly, indicating he retains a substantial equity position in the company.
Bridger Aerospace Group Holdings, Inc. insider Justin D. Mogford, who serves as General Counsel & Corporate Secretary, filed an initial Form 3 ownership statement. The filing lists him as an officer but does not report any stock purchase, sale, or other insider transaction.
First Manhattan Co. LLC, FMC Group Holdings LP and First Manhattan Management LLC reported beneficial ownership of 5,763,555 shares of Bridger Aerospace Group Holdings, Inc. (Common Stock), representing 10.3% of the class as shown on the cover page. The cover lists the reporting date 03/31/2026.
The filing attributes sole voting and dispositive power of 3,250,000 shares and shared voting and dispositive power of 2,513,555 shares for each Filer; signatures are dated 04/08/2026.
Bridger Aerospace Group Holdings, Inc. announced that Chief Legal Officer and Executive Vice President James Muchmore will resign effective April 3, 2026. Under a Transition Agreement dated March 25, 2026, he will receive a $212,500 lump-sum payment, up to 12 months of Company-paid COBRA coverage, and accelerated vesting of 108,893 unvested RSUs in exchange for a release of claims.
The Compensation Committee adopted an Executive Severance Plan effective March 24, 2026, covering the CEO, CFO and COO, providing severance benefits upon certain qualifying terminations, with enhanced benefits if such terminations occur within 18 months after a change in control. The Company also named Justin Mogford as General Counsel and Corporate Secretary, effective in April, replacing Muchmore and leading legal, compliance and governance as Bridger scales its aerial firefighting operations.