Robert F. Savage Jr - 25 Nov 2025 Form 4 Insider Report for Bridger Aerospace Group Holdings, Inc. (BAER)

Role
Director
Signature
/s/ James Muchmore, attorney-in-fact for Robert F. Savage, Jr.
Issuer symbol
BAER
Transactions as of
25 Nov 2025
Transactions value $
$0
Form type
4
Filing time
26 Nov 2025, 16:30:41 UTC
Previous filing
18 Sep 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SAVAGE ROBERT F JR Director C/O BRIDGER AEROSPACE GROUP HLDGS, INC., 90 AVIATION LANE, BELGRADE /s/ James Muchmore, attorney-in-fact for Robert F. Savage, Jr. 26 Nov 2025 0001198067

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAER Common Stock Award $0 +208K +77.98% $0.00 475K 25 Nov 2025 Direct F1, F2
holding BAER Common Stock 50.5K 25 Nov 2025 Madeleine Savage 2021 Trust F3
holding BAER Common Stock 50.5K 25 Nov 2025 Sophie Savage 2021 Trust F4
holding BAER Common Stock 528K 25 Nov 2025 By 656 Investors LLC F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. These RSUs shall vest on the 12-month anniversary of November 25, 2025, subject to the Reporting Person's continued service through such date.
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.