Bridger Aerospace Group Holdings, Inc.·4

Jul 2, 7:01 PM ET

SAVAGE ROBERT F JR 4

Research Summary

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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.