STOCK TITAN

[Form 4] Bridge Investment Group Holdings Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Bridge Investment Group Holdings Inc. (BRDG) – Form 4 filing dated 07/23/2025. Executive Chairman and 10% owner Robert R. Morse reported open-market sales of Class A Common Stock on 07/21, 07/22 and 07/23 2025. In total, 79,309 shares were sold at weighted-average prices of $10.46–$10.69, generating roughly $0.84 million in proceeds.

After the transactions, Morse still directly owns 3,077,962 Class A shares. Indirect holdings remain substantial: 1.41 million Class B shares and 1.45 million Class A Units via family trusts, plus 27.87 million Class B shares and 33.64 million Class A Units through FLM Holdings LLC. The Class A Units are exchangeable into Class A shares on a 1-for-1 basis.

Sell volume represents <0.3% of Morse’s total economic interest, suggesting portfolio rebalancing rather than a major reduction in ownership. No derivative exercises or new grants occurred, and Morse retains his roles as Executive Chairman, Director and significant insider.

Bridge Investment Group Holdings Inc. (BRDG) – Comunicazione Form 4 datata 23/07/2025. Il Presidente Esecutivo e azionista al 10%, Robert R. Morse, ha riportato vendite sul mercato aperto di azioni ordinarie di Classe A il 21, 22 e 23 luglio 2025. In totale, sono state vendute 79.309 azioni a prezzi medi ponderati compresi tra 10,46 e 10,69 dollari, generando circa 0,84 milioni di dollari di ricavi.

Dopo queste operazioni, Morse detiene ancora direttamente 3.077.962 azioni di Classe A. Le partecipazioni indirette rimangono significative: 1,41 milioni di azioni di Classe B e 1,45 milioni di unità di Classe A tramite trust familiari, oltre a 27,87 milioni di azioni di Classe B e 33,64 milioni di unità di Classe A attraverso FLM Holdings LLC. Le unità di Classe A sono convertibili in azioni di Classe A con un rapporto 1:1.

Il volume di vendita rappresenta meno del 0,3% dell’interesse economico totale di Morse, suggerendo un riequilibrio del portafoglio piuttosto che una riduzione significativa della proprietà. Non si sono verificate esercitazioni di derivati né nuove assegnazioni, e Morse mantiene i suoi ruoli di Presidente Esecutivo, Direttore e insider di rilievo.

Bridge Investment Group Holdings Inc. (BRDG) – Presentación del Formulario 4 con fecha 23/07/2025. El Presidente Ejecutivo y propietario del 10%, Robert R. Morse, informó ventas en el mercado abierto de acciones comunes Clase A los días 21, 22 y 23 de julio de 2025. En total, se vendieron 79,309 acciones a precios promedio ponderados entre $10.46 y $10.69, generando aproximadamente $0.84 millones en ingresos.

Tras estas transacciones, Morse todavía posee directamente 3,077,962 acciones Clase A. Las participaciones indirectas siguen siendo sustanciales: 1.41 millones de acciones Clase B y 1.45 millones de unidades Clase A a través de fideicomisos familiares, además de 27.87 millones de acciones Clase B y 33.64 millones de unidades Clase A mediante FLM Holdings LLC. Las unidades Clase A son intercambiables por acciones Clase A en una proporción de 1 a 1.

El volumen de ventas representa menos del 0.3% del interés económico total de Morse, lo que sugiere un reequilibrio de cartera más que una reducción significativa de la propiedad. No hubo ejercicios de derivados ni nuevas concesiones, y Morse mantiene sus cargos como Presidente Ejecutivo, Director e insider relevante.

Bridge Investment Group Holdings Inc. (BRDG) – 2025년 7월 23일자 Form 4 제출. 최고경영자 겸 10% 지분 보유자인 Robert R. Morse가 2025년 7월 21일, 22일, 23일에 Class A 보통주를 공개 시장에서 매도했다고 보고했습니다. 총 79,309주가 가중평균 가격 $10.46~$10.69에 매도되어 약 $0.84백만의 수익을 창출했습니다.

거래 후 Morse는 여전히 직접적으로 3,077,962 Class A 주식을 보유하고 있습니다. 간접 보유도 상당한 수준으로, 가족 신탁을 통해 141만 Class B 주와 145만 Class A 단위를, FLM Holdings LLC를 통해 2,787만 Class B 주와 3,364만 Class A 단위를 보유하고 있습니다. Class A 단위는 1대1 비율로 Class A 주식으로 교환 가능합니다.

매도 물량은 Morse의 총 경제적 지분의 0.3% 미만에 해당하여, 소유권의 큰 감소보다는 포트폴리오 재조정으로 보입니다. 파생상품 행사나 신규 부여는 없었으며, Morse는 여전히 최고경영자, 이사 및 주요 내부자 역할을 유지하고 있습니다.

Bridge Investment Group Holdings Inc. (BRDG) – Dépôt du Formulaire 4 daté du 23/07/2025. Le Président exécutif et détenteur de 10% Robert R. Morse a déclaré des ventes sur le marché libre d’actions ordinaires de Classe A les 21, 22 et 23 juillet 2025. Au total, 79 309 actions ont été vendues à des prix moyens pondérés compris entre 10,46 et 10,69 $, générant environ 0,84 million de dollars de produit.

Après ces transactions, Morse détient encore directement 3 077 962 actions de Classe A. Les participations indirectes restent importantes : 1,41 million d’actions de Classe B et 1,45 million d’unités de Classe A via des trusts familiaux, ainsi que 27,87 millions d’actions de Classe B et 33,64 millions d’unités de Classe A par l’intermédiaire de FLM Holdings LLC. Les unités de Classe A sont échangeables contre des actions de Classe A au ratio de 1 pour 1.

Le volume vendu représente moins de 0,3% de l’intérêt économique total de Morse, ce qui suggère un rééquilibrage de portefeuille plutôt qu’une réduction majeure de la participation. Il n’y a eu ni exercice de dérivés ni nouvelles attributions, et Morse conserve ses fonctions de Président exécutif, administrateur et initié important.

Bridge Investment Group Holdings Inc. (BRDG) – Form 4 Einreichung vom 23.07.2025. Executive Chairman und 10%-Eigentümer Robert R. Morse meldete am 21., 22. und 23. Juli 2025 Verkäufe von Class A Stammaktien am offenen Markt. Insgesamt wurden 79.309 Aktien zu gewichteten Durchschnittspreisen von 10,46–10,69 USD verkauft, was Erlöse von etwa 0,84 Millionen USD generierte.

Nach den Transaktionen hält Morse weiterhin direkt 3.077.962 Class A Aktien. Die indirekten Beteiligungen bleiben beträchtlich: 1,41 Millionen Class B Aktien und 1,45 Millionen Class A Einheiten über Familienstiftungen sowie 27,87 Millionen Class B Aktien und 33,64 Millionen Class A Einheiten über FLM Holdings LLC. Die Class A Einheiten sind im Verhältnis 1:1 in Class A Aktien umwandelbar.

Das Verkaufsvolumen entspricht weniger als 0,3% von Morses gesamtem wirtschaftlichen Interesse, was eher auf eine Portfolioumschichtung als auf eine bedeutende Eigentumsreduktion hindeutet. Es gab keine Ausübung von Derivaten oder neue Zuteilungen, und Morse behält seine Funktionen als Executive Chairman, Direktor und bedeutender Insider bei.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Small insider sale; ownership still >30 million shares—neutral signal.

The filing shows Morse trimmed roughly 79k Class A shares for about $0.8 m, a negligible slice of a >36 m-share position when converted. Such de-minimis selling is common for liquidity or diversification needs and does not materially alter control dynamics. No options were exercised, and indirect stakes via trusts and FLM remain intact, sustaining alignment with common shareholders. Market impact should be limited; however, investors may monitor future filings to see if selling accelerates.

Bridge Investment Group Holdings Inc. (BRDG) – Comunicazione Form 4 datata 23/07/2025. Il Presidente Esecutivo e azionista al 10%, Robert R. Morse, ha riportato vendite sul mercato aperto di azioni ordinarie di Classe A il 21, 22 e 23 luglio 2025. In totale, sono state vendute 79.309 azioni a prezzi medi ponderati compresi tra 10,46 e 10,69 dollari, generando circa 0,84 milioni di dollari di ricavi.

Dopo queste operazioni, Morse detiene ancora direttamente 3.077.962 azioni di Classe A. Le partecipazioni indirette rimangono significative: 1,41 milioni di azioni di Classe B e 1,45 milioni di unità di Classe A tramite trust familiari, oltre a 27,87 milioni di azioni di Classe B e 33,64 milioni di unità di Classe A attraverso FLM Holdings LLC. Le unità di Classe A sono convertibili in azioni di Classe A con un rapporto 1:1.

Il volume di vendita rappresenta meno del 0,3% dell’interesse economico totale di Morse, suggerendo un riequilibrio del portafoglio piuttosto che una riduzione significativa della proprietà. Non si sono verificate esercitazioni di derivati né nuove assegnazioni, e Morse mantiene i suoi ruoli di Presidente Esecutivo, Direttore e insider di rilievo.

Bridge Investment Group Holdings Inc. (BRDG) – Presentación del Formulario 4 con fecha 23/07/2025. El Presidente Ejecutivo y propietario del 10%, Robert R. Morse, informó ventas en el mercado abierto de acciones comunes Clase A los días 21, 22 y 23 de julio de 2025. En total, se vendieron 79,309 acciones a precios promedio ponderados entre $10.46 y $10.69, generando aproximadamente $0.84 millones en ingresos.

Tras estas transacciones, Morse todavía posee directamente 3,077,962 acciones Clase A. Las participaciones indirectas siguen siendo sustanciales: 1.41 millones de acciones Clase B y 1.45 millones de unidades Clase A a través de fideicomisos familiares, además de 27.87 millones de acciones Clase B y 33.64 millones de unidades Clase A mediante FLM Holdings LLC. Las unidades Clase A son intercambiables por acciones Clase A en una proporción de 1 a 1.

El volumen de ventas representa menos del 0.3% del interés económico total de Morse, lo que sugiere un reequilibrio de cartera más que una reducción significativa de la propiedad. No hubo ejercicios de derivados ni nuevas concesiones, y Morse mantiene sus cargos como Presidente Ejecutivo, Director e insider relevante.

Bridge Investment Group Holdings Inc. (BRDG) – 2025년 7월 23일자 Form 4 제출. 최고경영자 겸 10% 지분 보유자인 Robert R. Morse가 2025년 7월 21일, 22일, 23일에 Class A 보통주를 공개 시장에서 매도했다고 보고했습니다. 총 79,309주가 가중평균 가격 $10.46~$10.69에 매도되어 약 $0.84백만의 수익을 창출했습니다.

거래 후 Morse는 여전히 직접적으로 3,077,962 Class A 주식을 보유하고 있습니다. 간접 보유도 상당한 수준으로, 가족 신탁을 통해 141만 Class B 주와 145만 Class A 단위를, FLM Holdings LLC를 통해 2,787만 Class B 주와 3,364만 Class A 단위를 보유하고 있습니다. Class A 단위는 1대1 비율로 Class A 주식으로 교환 가능합니다.

매도 물량은 Morse의 총 경제적 지분의 0.3% 미만에 해당하여, 소유권의 큰 감소보다는 포트폴리오 재조정으로 보입니다. 파생상품 행사나 신규 부여는 없었으며, Morse는 여전히 최고경영자, 이사 및 주요 내부자 역할을 유지하고 있습니다.

Bridge Investment Group Holdings Inc. (BRDG) – Dépôt du Formulaire 4 daté du 23/07/2025. Le Président exécutif et détenteur de 10% Robert R. Morse a déclaré des ventes sur le marché libre d’actions ordinaires de Classe A les 21, 22 et 23 juillet 2025. Au total, 79 309 actions ont été vendues à des prix moyens pondérés compris entre 10,46 et 10,69 $, générant environ 0,84 million de dollars de produit.

Après ces transactions, Morse détient encore directement 3 077 962 actions de Classe A. Les participations indirectes restent importantes : 1,41 million d’actions de Classe B et 1,45 million d’unités de Classe A via des trusts familiaux, ainsi que 27,87 millions d’actions de Classe B et 33,64 millions d’unités de Classe A par l’intermédiaire de FLM Holdings LLC. Les unités de Classe A sont échangeables contre des actions de Classe A au ratio de 1 pour 1.

Le volume vendu représente moins de 0,3% de l’intérêt économique total de Morse, ce qui suggère un rééquilibrage de portefeuille plutôt qu’une réduction majeure de la participation. Il n’y a eu ni exercice de dérivés ni nouvelles attributions, et Morse conserve ses fonctions de Président exécutif, administrateur et initié important.

Bridge Investment Group Holdings Inc. (BRDG) – Form 4 Einreichung vom 23.07.2025. Executive Chairman und 10%-Eigentümer Robert R. Morse meldete am 21., 22. und 23. Juli 2025 Verkäufe von Class A Stammaktien am offenen Markt. Insgesamt wurden 79.309 Aktien zu gewichteten Durchschnittspreisen von 10,46–10,69 USD verkauft, was Erlöse von etwa 0,84 Millionen USD generierte.

Nach den Transaktionen hält Morse weiterhin direkt 3.077.962 Class A Aktien. Die indirekten Beteiligungen bleiben beträchtlich: 1,41 Millionen Class B Aktien und 1,45 Millionen Class A Einheiten über Familienstiftungen sowie 27,87 Millionen Class B Aktien und 33,64 Millionen Class A Einheiten über FLM Holdings LLC. Die Class A Einheiten sind im Verhältnis 1:1 in Class A Aktien umwandelbar.

Das Verkaufsvolumen entspricht weniger als 0,3% von Morses gesamtem wirtschaftlichen Interesse, was eher auf eine Portfolioumschichtung als auf eine bedeutende Eigentumsreduktion hindeutet. Es gab keine Ausübung von Derivaten oder neue Zuteilungen, und Morse behält seine Funktionen als Executive Chairman, Direktor und bedeutender Insider bei.

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).
1. Name and Address of Reporting Person*
Morse Robert Randolph

(Last) (First) (Middle)
C/O BRIDGE INVESTMENT GROUP HOLDINGS INC
111 EAST SEGO LILY DRIVE, SUITE 400

(Street)
SANDY UT 84070

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bridge Investment Group Holdings Inc. [ BRDG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Executive Chairman
3. Date of Earliest Transaction (Month/Day/Year)
07/21/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
Class A Common Stock 07/21/2025 S 25,701 D $10.6(1) 3,131,570 D
Class A Common Stock 07/22/2025 S 25,859 D $10.46(2) 3,105,711 D
Class A Common Stock 07/23/2025 S 27,749 D $10.65(3) 3,077,962 D
Class B Common Stock 1,412,126 I By Family Trusts(4)
Class B Common Stock 27,870,157 I By FLM Holdings, LLC(5)
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
Class A Units (6) (6) (6) Class A Common Stock 1,450,996 1,450,996 I By Family Trusts(4)
Class A Units (6) (6) (6) Class A Common Stock 33,635,780 33,635,780 I By FLM Holdings, LLC(5)
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.46 to $10.69. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.33 to $10.56. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.55 to $10.71. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote
4. Represents 565,117 Class A Units and 535,274 shares of Class B Common Stock held by The Charlotte Morse 2017 AET ("Trust I"), 292,284 Class A Units and 292,284 shares of Class B Common Stock held by The Elliot Coleman Morse 2017 AET ("Trust II"), 292,284 Class A Units and 292,284 shares of Class B Common Stock held by The Margaret Brooke Morse 2017 AET ("Trust III") and 292,284 Class A Units and 292,284 shares of Class B Common Stock held by The Robert Edson Morse 2017 AET ("Trust IV" and together with Trust I, Trust II and Trust III, the "Family Trusts"). FLM Management LLC is the trustee of each of the Family Trusts. The Reporting Person is the manager of FLM Management LLC and, as a result, may be deemed to be the beneficial owner of these securities.
5. The Reporting Person is the manager of FLM Holdings, LLC and may be deemed to be the beneficial owner of these securities.
6. The Class A Units in Bridge Investment Group Holdings LLC may be redeemed by the Reporting Person at any time for shares of Class A Common Stock on a 1-to-1 basis.
Remarks:
/s/ Matthew Grant Attorney-in-Fact 07/23/2025
** 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.

FAQ

How many BRDG shares did Robert R. Morse sell?

He sold 79,309 Class A shares across three trading days (07/21-07/23 2025).

What prices were the BRDG insider shares sold at?

Weighted-average prices ranged from $10.46 to $10.69 per share.

How many BRDG shares does Morse still own directly after the sale?

He directly owns 3,077,962 Class A shares after the reported transactions.

What is the size of Morse’s indirect BRDG holdings?

Indirectly, he controls 1.41 m Class B shares and 1.45 m Class A Units via family trusts, plus 27.87 m Class B shares and 33.64 m Class A Units through FLM Holdings LLC.

Do the Class A Units affect potential dilution?

Yes. The 35.09 m Class A Units can be redeemed 1-for-1 into Class A shares, representing potential future issuance.
Bridge Invt Group Hldgs Inc

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BRDG Stock Data

470.00M
37.86M
11.98%
47.09%
0.93%
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