Form 4: BigBear.ai CEO Kevin McAleenan Reports Routine Stock Disposition

BigBear.ai CEO Kevin McAleenan reported a routine disposition of 48,691 common shares to cover tax obligations related to restricted stock unit vesting.

Summary

• Kevin McAleenan, Chief Executive Officer and Director of BigBear.ai Holdings, Inc. (BBAI), reported a transaction involving the company's common stock.
• On January 15, 2026, McAleenan disposed of 48,691 shares of common stock at a price of $6.26 per share.
• This disposition was a 'F' transaction code, indicating shares were withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
• Following this transaction, McAleenan beneficially owns 1,165,294 shares of BigBear.ai common stock directly.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine, non-discretionary disposition of shares to cover tax obligations upon RSU vesting, which does not indicate a change in insider sentiment or company fundamentals.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings on vesting equity, are common and generally do not reflect a change in management's outlook on the company's prospects. This type of transaction is a routine administrative event for executives receiving equity compensation.

Comparison to Industry Standards

• This type of 'F' transaction (shares withheld for tax) is a standard practice across industries for executives receiving equity compensation, such as restricted stock units (RSUs).
• Companies like Microsoft, Apple, and Google frequently report similar Form 4 filings for their executives when RSUs vest, indicating a non-discretionary sale to cover tax liabilities rather than a market-driven decision to sell shares.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in the executive's confidence or the company's value.

Key Dates

Keywords

BigBear.ai, BBAI, Kevin McAleenan, Insider Trading, Form 4, Stock Disposition, Tax Withholding, Restricted Stock Units, CEO, Director, 10b5-1 Plan