Form 4: Bridger Aerospace Executive James Muchmore Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
James Muchmore, Chief Legal Officer & EVP of Bridger Aerospace Group Holdings, reports withholding of shares to cover tax liabilities upon vesting of restricted stock units.
Summary
- On March 20, 2025, James Muchmore, Chief Legal Officer & EVP of Bridger Aerospace Group Holdings, Inc., had 27,909 shares of common stock withheld by the issuer to cover tax liabilities related to the vesting of 87,115 restricted stock units.
- The shares were withheld at a price of $1.53 per share.
- Following the transaction, Muchmore directly owns 792,508 shares and indirectly owns 1,986,345 shares through Black River Group, LLC.
- Muchmore disclaims beneficial ownership of the shares held by Black River Group, LLC, except to the extent of his pecuniary interest.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing, indicating standard executive compensation practices. It doesn't suggest any immediate positive or negative implications for the company's financial health or future prospects.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Date of share withholding for tax liability. |
| 03/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, James Muchmore, Bridger Aerospace, BAER, Share Withholding, Tax Liability, Restricted Stock Units, Black River Group
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