Firefly Aerospace (FLY) awards 25044 RSUs to its general counsel

Rhea-AI Filing Summary

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

Firefly Aerospace Inc. granted General Counsel David Leigh Wheeler 25044 shares of Common Stock in the form of restricted stock units under the 2025 Omnibus Incentive Plan. These RSUs were awarded at no cash cost and increase his direct holdings to 142758 shares.

One-third of the RSUs vest on the first anniversary of the grant date, with the remaining units vesting in equal quarterly installments so that all RSUs are fully vested by the third anniversary, subject to his continued employment.

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

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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^*

Wheeler David Leigh

(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)
	General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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	03/10/2026		A		25,044(1)	A	$0	142,758	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. One-third of the RSUs vest at the one-year anniversary of the grant date, and 1/12 of the RSUs vest quarterly thereafter (such that the RSUs will be fully vested at the third anniversary of the grant date), subject in each case to the reporting person's continued employment with the Issuer through the respective vesting date.

	/s/ David Leigh Wheeler	03/12/2026
	** 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.

FAQ

What insider transaction did Firefly Aerospace (FLY) report for David Leigh Wheeler?

Firefly Aerospace reported that General Counsel David Leigh Wheeler acquired 25044 shares of Common Stock through a grant of restricted stock units. This award was made under the 2025 Omnibus Incentive Plan and reflects stock-based compensation rather than an open-market purchase or sale.

How many Firefly Aerospace (FLY) shares does David Leigh Wheeler hold after this Form 4?

After the restricted stock unit grant, David Leigh Wheeler holds 142758 shares of Firefly Aerospace Common Stock directly. This total includes the newly awarded 25044 RSUs, which vest over time, and shows his updated post-transaction ownership position reported in the filing.

What are the vesting terms of the Firefly Aerospace (FLY) RSUs granted to Wheeler?

The RSUs granted to David Leigh Wheeler vest over three years. One-third vests on the first anniversary of the grant date, and one-twelfth vests quarterly thereafter until the third anniversary, conditioned on his continued employment through each applicable vesting date.

Was cash paid for the Firefly Aerospace (FLY) RSUs reported in this Form 4?

No cash was paid for these RSUs; they were granted at a price of 0.0000 per share as equity compensation. This indicates a stock-based award rather than an open-market transaction, aligning with typical grants made under an omnibus incentive plan.

Under which plan were the Firefly Aerospace (FLY) RSUs to Wheeler granted?

The restricted stock units to David Leigh Wheeler were granted under the Firefly Aerospace Inc. 2025 Omnibus Incentive Plan. This plan provides for equity-based awards, and the RSUs in this filing follow a three-year vesting schedule tied to his continued employment with the company.