SAVAGE ROBERT F JR 4
4 · Bridger Aerospace Group Holdings, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Bridger Aerospace (BAER) Director Robert F. Savage Jr. Receives RSU Award
What Happened
- Robert F. Savage Jr., a director of Bridger Aerospace Group Holdings, Inc. (BAER), was granted 27,514 Restricted Stock Units (RSUs) that immediately vested on June 30, 2026. The RSUs were acquired at $0 per share (total reported value $0). This was an award/vesting event rather than an open-market purchase or sale.
Key Details
- Transaction date: June 30, 2026; Filing date: July 2, 2026 (filed within the typical two-business-day Form 4 window).
- Shares acquired/vested: 27,514 RSUs; Price: $0.00; Reported total value at acquisition: $0.
- Shares owned after transaction: not specified in the provided summary of the filing.
- Notable footnotes:
- F1: Each RSU converts to one share; these RSUs vested in full on June 30, 2026.
- F2/F5: Some holdings are “Earnout Shares” that vest only if specified VWAP thresholds ($11.50 and $13.00) are met during the Earnout Period (through the five-year anniversary of the issuer’s Jan 24, 2023 closing); F5 notes 212,490 Earnout Shares are included in holdings.
- F3/F4/F6: Mr. Savage has shared voting/disposition authority over shares held in certain family trusts and an LLC and disclaims beneficial ownership of those trust/LLC shares except to the extent of any pecuniary interest.
Context
- RSUs are a grant that convert into shares when they vest; because these RSUs vested immediately and were acquired at $0, this filing documents compensation/award recognition rather than a buy or sell that signals direct market conviction. Earnout Shares referenced in the filing remain contingent on future stock-price performance per the VWAP-based vesting conditions.
Insider Transaction Report
Form 4
SAVAGE ROBERT F JR
Director
Transactions
- Award
Common Stock
[F1][F2]2026-06-30+27,514→ 548,071 total
Holdings
- 50,505(indirect: By Trust)
Common Stock
[F3] - 50,505(indirect: By Trust)
Common Stock
[F4] - 527,800(indirect: By LLC)
Common Stock
[F5][F6]
Footnotes (6)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. These RSUs immediately vested in full on June 30, 2026.
- [F2]Includes 42,498 shares which vest generally as follows: (i) 50% of the shares vest on the first date during the Earnout Period (defined below) on which the VWAP of the shares exceeds $11.50 for a period of at least 20 out of 30 consecutive trading days, and (ii) 50% of the shares vest on the first date during the Earnout Period on which the VWAP exceeds $13.00 for a period of at least 20 out of 30 consecutive trading days (shares vesting on such schedule, the "Earnout Shares"). The "Earnout Period" is the time period beginning on the date immediately following the January 24, 2023 closing of the Issuer's initial business combination (the "Closing Date") and ending on and including the five year anniversary of the Closing Date. Any Earnout Shares not vested by the end of the Earnout Period shall be forfeited back to the Issuer for no consideration.
- [F3]Mr. Savage holds shared authority to direct the voting and disposition of shares held by Madeleine Savage 2021 Trust. The Reporting Person disclaims beneficial ownership of the shares of the Issuer's Common Stock held by Madeleine Savage 2021 Trust for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Act"), except to the extent of the Reporting Person's pecuniary interest therein, if any, and the filing of this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Act or for any other purpose.
- [F4]Mr. Savage holds shared authority to direct the voting and disposition of shares held by Sophie Savage 2021 Trust. The Reporting Person disclaims beneficial ownership of the shares of the Issuer's Common Stock held by Sophie Savage 2021 Trust for purposes of Rule 16a-1(a) under the Act, except to the extent of the Reporting Person's pecuniary interest therein, if any, and the filing of this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Act or for any other purpose.
- [F5]Includes 212,490 Earnout Shares.
- [F6]Mr. Savage holds shared authority to direct the voting and disposition of shares held by 656 Investors LLC. The Reporting Person disclaims beneficial ownership of the shares of the Issuer's Common Stock held by 656 Investors LLC for purposes of Rule 16a-1(a) under the Act, except to the extent of the Reporting Person's pecuniary interest therein, if any, and the filing of this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Act or for any other purpose.
Signature
/s/ Robert F. Savage, Jr.|2026-07-02