Schellenberg David 4
Research Summary
AI-generated summary
Bridger Aerospace (BAER) Director David Schellenberg Receives RSU Award
What Happened
- David Schellenberg, a director of Bridger Aerospace Group Holdings, Inc. (BAER), was granted 45,156 restricted stock units (RSUs) on June 4, 2026. The grant is reported at $0.00 per share (typical for RSU awards) and no cash changed hands. The Form 4 reporting the award was filed on June 8, 2026.
Key Details
- Transaction date: 2026-06-04 (reported on Form 4 filed 2026-06-08)
- Transaction type/code: Award/Grant (A); 45,156 RSUs granted at $0.00 per RSU
- Vesting: RSUs vest on the 12‑month anniversary of June 4, 2026 (i.e., June 4, 2027), contingent on continued service (per footnote)
- Shares owned after transaction: not specified in the provided filing details
- Timeliness: Filing appears timely (filed within the Form 4 two-business-day window)
- Footnote summary: Each RSU converts to one share upon vesting; vesting depends on continued service through the vest date
Context
- This was an equity award, not an open‑market purchase or sale, so it represents compensation/retention rather than an insider market bet. For RSUs, value to the holder depends on BAER's stock price at vesting and the holder meeting the service condition.