Bridger Aerospace (BAER) 10% Owner Blackstone Sells Shares

What Happened

• Blackstone Holdings I L.P. (a reported 10% owner) sold a total of 2,778,124 shares of Bridger Aerospace Group Holdings, Inc. (BAER) on August 11, 2026. The Form 4 reports a weighted average price of $1.04 per share and total proceeds of approximately $2,890,638.
• Transactions reported: 2,710,374 shares for $2,820,144; 46,817 shares for $48,713; and 20,933 shares for $21,781. All sales are coded “S” (sale), indicating dispositions rather than purchases.

Key Details

• Transaction date: August 11, 2026 (Filed with SEC on August 13, 2026) — appears timely (filed within the typical 2‑business‑day window).
• Reported weighted average price: $1.04 per share; filing notes sales occurred at prices ranging from $1.00 to $1.29 (Footnote F7). Detailed per‑price breakdown can be provided on request.
• Shares owned after the transaction: Not specified in the excerpt provided.
• Notable footnotes: the reported shares are held through affiliated entities and managers (see F1–F6); multiple affiliates filed separate Forms 4 due to EDGAR filing limits (Remarks). Reporting persons disclaim beneficial ownership of securities held by other affiliates except to the extent of pecuniary interest (F6).
• Transaction type: Institutional sale by a 10% owner (not an executive insider).

Context

• This is an institutional disposition by a large shareholder (Blackstone group entities). Such sales are common for portfolio or rebalancing reasons and do not alone indicate company management sentiment.
• The filing discloses open‑market/private sales rather than exercises, gifts, or awards. The weighted average price and price range disclosure helps understand execution but not the specific motivations.