December 3, 2025 · Form 4 insider transaction
KELTER JEFFREY E bought 100,000 shares of Bridger Aerospace Group Holdings, Inc. at $1.80 per share, a transaction worth $180.1K. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 1 day after the transaction.
These shares were acquired by the Reporting Person in open-market transactions at prices ranging from $1.70 to $1.85. The price reported above reflects the weighted average price. The Reporting Person undertakes to provide the SEC, the Issuer, or any security holder, upon request, full information regarding the number of shares purchased at each separate price.; 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.