Davis Samuel Carl 4
Research Summary
AI-generated summary
Bridger Aerospace (BAER) CEO Samuel Carl Davis Withholds 21,114 Shares
What Happened
Samuel Carl Davis, CEO & President of Bridger Aerospace Group Holdings, had 21,114 shares withheld by the company on March 16, 2026 to satisfy a tax liability related to the vesting of 64,368 restricted stock units (RSUs). The withheld shares are valued at $2.20 each, totaling $46,451. The filing reports this as a tax-withholding disposition (transaction code F); the filing’s footnote states no shares were sold by Davis to cover the tax obligation.
Key Details
- Transaction date: 2026-03-16; Filing date: 2026-04-24 (late filing)
- Price used for withholding: $2.20 per share
- Shares withheld/disposed: 21,114; Total value withheld: $46,451
- RSUs vested triggering withholding: 64,368
- Transaction code: F (tax withholding); Footnote F1 confirms shares were withheld by the issuer and not sold by the reporting person
- Shares owned after the transaction: not specified in the provided filing
- Exhibit: Exhibit 24 — Power of Attorney
Context
This was a routine net-share settlement to cover tax withholding on vested RSUs, not an open-market sale or a purchase. Such withholdings are common and generally reflect tax obligations rather than a directional bet by the insider. Note the Form 4 was filed more than a month after the transaction date, which is late under the typical two-business-day reporting rule and may be of interest to compliance-minded investors.
Loading document...