[Form 4] Firefly Aerospace Inc. Insider Trading Activity

Rhea-AI Filing Summary

Firefly Aerospace Inc. (FLY) reported a Form 4 for its Chief Technology Officer, who received 216,667 restricted stock units (RSUs) of common stock on September 24, 2025 under the Firefly Aerospace Inc. 2025 Omnibus Incentive Plan. The RSUs vest in four equal annual installments on September 16, 2026, 2027, 2028 and 2029, subject to continued employment with the company through each vesting date, and were reported at a price of $0 per unit. Following this grant, the officer beneficially owns 526,368 shares of common stock, which includes 18 shares that were directly owned but inadvertently left out of the Form 3 filed on August 6, 2025.

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
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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^*

Ferring Russell Shea

(Last) (First) (Middle)

C/O FIREFLY AEROSPACE INC.

1320 ARROW POINT DRIVE #109

(Street)

CEDAR PARK TX 78613

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Firefly Aerospace Inc. [ FLY ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/24/2025

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
Common Stock	09/24/2025		A		216,667(1)	A	$0	526,368(2)	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. Represents restricted stock units ("RSUs") granted under the Firefly Aerospace Inc. 2025 Omnibus Incentive Plan. The RSUs vest in four installments on each of September 16, 2026, 2027, 2028 and 2029, subject to the reporting person's continued employment with the Issuer through the respective vesting date.

2. Includes 18 shares of common stock directly owned by the reporting person that were inadvertently excluded from the Form 3 filed by the reporting person on August 6, 2025.

	/s/ David Wheeler, Attorney-in-fact	11/26/2025
	** 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

What equity award did Firefly Aerospace (FLY) report for its CTO?

The Chief Technology Officer of Firefly Aerospace Inc. (FLY) was granted 216,667 restricted stock units (RSUs) of common stock on September 24, 2025 under the company’s 2025 Omnibus Incentive Plan.

How do the new Firefly Aerospace RSUs for the CTO vest?

The 216,667 RSUs vest in four installments on September 16, 2026, 2027, 2028 and 2029, and each installment is subject to the CTO’s continued employment with Firefly Aerospace through the applicable vesting date.

What is the reported acquisition price of the Firefly Aerospace RSUs?

The RSUs granted to the Firefly Aerospace CTO were reported at a price of $0 per unit in the Form 4.

How many Firefly Aerospace shares does the CTO beneficially own after this transaction?

After the reported RSU grant, the CTO beneficially owns 526,368 shares of Firefly Aerospace common stock.

What correction did Firefly Aerospace disclose about previously reported shares?

The disclosure states that the 526,368 beneficially owned shares include 18 shares of common stock directly owned by the CTO that were inadvertently omitted from a prior Form 3 filed on August 6, 2025.

Under which plan were the new Firefly Aerospace RSUs granted?

The RSUs reported in the Form 4 were granted under the Firefly Aerospace Inc. 2025 Omnibus Incentive Plan.