[Form 4] Firefly Aerospace Inc. Insider Trading Activity

Rhea-AI Filing Summary

Firefly Aerospace Inc. (FLY) reported an equity award to its chief financial officer on a Form 4. On 09/24/2025, the officer acquired 222,222 shares of common stock in the form of restricted stock units (RSUs) at a stated price of $0 per share under the Firefly Aerospace Inc. 2025 Omnibus Incentive Plan. After this award, the officer beneficially owns 233,546 shares of common stock directly. The RSUs vest in four equal installments on September 16, 2026, 2027, 2028 and 2029, so the officer receives the underlying shares over time, provided employment with the company continues through each vesting date.

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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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^*

Ma Darren

(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 Financial 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		222,222(1)	A	$0	233,546	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.

	/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 did Firefly Aerospace Inc. (FLY) disclose in this Form 4?

The filing reports that Firefly Aerospace Inc.'s chief financial officer acquired 222,222 RSUs of common stock on 09/24/2025 under the company’s 2025 Omnibus Incentive Plan.

How many restricted stock units did the FLY CFO receive and at what price?

The chief financial officer received 222,222 RSUs of Firefly Aerospace Inc. common stock at a stated price of $0 per share.

What is the vesting schedule for the Firefly Aerospace (FLY) CFO RSUs?

The 222,222 RSUs vest in four installments on September 16, 2026, 2027, 2028 and 2029, conditioned on continued employment through each vesting date.

How many Firefly Aerospace (FLY) shares does the CFO beneficially own after this transaction?

Following the reported RSU grant, the chief financial officer beneficially owns 233,546 shares of Firefly Aerospace Inc. common stock directly.

What role does the reporting person hold at Firefly Aerospace Inc. (FLY)?

The reporting person is an officer of Firefly Aerospace Inc., serving as the company’s Chief Financial Officer.

Is this Firefly Aerospace (FLY) Form 4 filed for a single reporting person?

Yes. The Form 4 is indicated as being filed by one reporting person, the company’s chief financial officer.