Firefly Aerospace Director Ryan M. Boland Disposes 40,821; Receives 3,193

What Happened
Ryan M. Boland, a director of Firefly Aerospace (FLY), reported two related transactions on 2026-08-14: a disposition of 40,821 shares and an acquisition of 3,193 shares. No transaction prices or dollar values were reported (N/A). The acquired shares were received as a pro rata distribution from Mars Technology Holdings LLC to its limited partners; a portion of the holdings include restricted stock units (RSUs).

Key Details

• Transaction date: 2026-08-14; Form 4 filed 2026-08-18 (filed four days after the transaction — note Form 4s are typically due within two business days).
• Disposition: 40,821 shares (other acquisition/disposition code J); price: N/A.
• Acquisition: 3,193 shares (other acquisition/disposition code J); price: N/A. Filing also notes 85 shares received in a pro rata distribution that were exempt from reporting under Rule 16a-9.
• Shares held/owned after transaction: not specified in the filing.
• Footnotes: distribution from Mars Technology Holdings LLC (F1); reporting person exercised voting/dispositive control over shares previously held by Mars (F2); some shares are held in the Ryan M. Boland Revocable Trust for which he is trustee (F4); some securities are RSUs (F5).
• Exhibit included: 24.1 Power of Attorney.

Context
Code (J) here reflects an “other acquisition or disposition” tied to a distribution and internal reallocation (not an open-market sale or a typical purchase). The acquisition was a passive pro rata distribution to limited partners (not a market buy), and the disposition likely reflects a transfer or reallocation of shares tied to Mars or the trust; the filing does not provide dollar amounts. For retail investors, purchases are generally more informative as bullish signals; this filing largely documents reallocation/distribution and control changes rather than a clear buy/sell market sentiment.