BigBear.ai (BBAI) General Counsel granted 125,923 RSUs in equity award

Rhea-AI Filing Summary

Blankenship Carolyn reported acquisition or exercise transactions in this Form 4 filing.

BigBear.ai Holdings, Inc.’s General Counsel and Secretary, Carolyn Blankenship, received an equity grant of 125,923 restricted stock units of Common Stock as compensation. Following this award, she directly holds 797,248 shares. The RSUs were granted at no cash price and vest over nearly four years.

According to the vesting schedule, 25% of the RSUs vest on March 26, 2027, and the remaining 75% vest in equal quarterly installments on the last day of each calendar quarter through December 31, 2029, subject to her continued employment.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Blankenship Carolyn

Role General Counsel and Secretary

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	125,923	$0.00	--

Holdings After Transaction: Common Stock — 797,248 shares (Direct)

Footnotes (1)

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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^*

Blankenship Carolyn

(Last) (First) (Middle)

C/O BIGBEAR HOLDINGS, INC.

7950 JONES BRANCH DRIVE

(Street)

MCLEAN VIRGINIA 22102

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BigBear.ai Holdings, Inc. [ BBAI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel and Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

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	03/26/2026		A		125,923(1)	A	$0	797,248	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 right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on March 26, 2026 and vest as follows: 25% of the RSUs will vest on March 26, 2027 and the remaining 75% will vest in equal quarterly installments on the last day of each calendar quarter thereafter, such that the entire award will be vested on December 31, 2029 (subject to the reporting person's continued employment through each vesting date).

Remarks:

	/s/ Carolyn Blankenship	03/27/2026
	** 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 insider transaction did BigBear.ai (BBAI) report for Carolyn Blankenship?

BigBear.ai reported an equity award to Carolyn Blankenship. She received 125,923 restricted stock units of Common Stock as compensation, granted at no cash price, increasing her direct holdings to 797,248 shares after the transaction.

Is the BigBear.ai (BBAI) Form 4 a stock purchase or a grant?

The Form 4 reflects a stock grant, not a market purchase. The 125,923 units were awarded as restricted stock units at a price of $0.0000 per share, indicating a compensation-related grant instead of an open-market buy.

How do Carolyn Blankenship’s new restricted stock units at BigBear.ai (BBAI) vest?

The restricted stock units vest over several years. Twenty-five percent vest on March 26, 2027, and the remaining 75% vest in equal quarterly installments on each calendar quarter-end, fully vesting on December 31, 2029, if employment continues.

How many BigBear.ai (BBAI) shares does Carolyn Blankenship hold after this Form 4 transaction?

After the transaction, Carolyn Blankenship holds 797,248 shares. This total reflects her direct ownership of Common Stock following the grant of 125,923 restricted stock units reported in the Form 4 filing.

What role does Carolyn Blankenship hold at BigBear.ai (BBAI) in this Form 4?

Carolyn Blankenship serves as General Counsel and Secretary. The Form 4 identifies her as an officer of BigBear.ai Holdings, Inc., and reports a compensation-related grant of restricted stock units tied to her continued service.

Does the BigBear.ai (BBAI) Form 4 indicate any derivative securities for Carolyn Blankenship?

The filing shows no remaining derivative securities for this transaction. The derivative summary is empty, indicating the reported activity solely involves non-derivative Common Stock through restricted stock unit awards rather than options or other derivatives.