Boland Ryan Michael 4

4 · Firefly Aerospace Inc. · Filed Mar 25, 2026

AI-generated summary of this filing

Updated Mar 26, 2026

Firefly (FLY) Director Ryan Boland Transfers 2.83M Shares

What Happened

Ryan M. Boland, a director of Firefly Aerospace (FLY), reported multiple “other acquisition or disposition” (Form 4 code J) transactions dated March 23, 2026. The filing shows dispositions of 539,143; 688,751; and 1,601,440 shares (total dispositions = 2,829,334 shares) and an acquisition of 122,860 shares. No prices or dollar values are reported (N/A on the Form 4), so total transaction value is not disclosed. These transactions reflect transfers/distributions among entities and the reporting person’s trust rather than open-market buys or sales.

Key Details

Transaction date: March 23, 2026; Form 4 filed March 25, 2026 (appears timely).
Reported dispositions: 539,143; 688,751; 1,601,440 (total = 2,829,334 shares).
Reported acquisition: 122,860 shares.
Net reported change (by arithmetic): net decrease of 2,706,474 shares (2,829,334 disposed − 122,860 acquired).
Prices/values: Not disclosed (N/A on filing).
Shares owned after transaction: not specified in the provided filing excerpt.
Notable footnotes: distributions by Ares Technology I LLC, Mars Technology Holdings LLC, and Lunar Technology I LLC to limited partners; small corrections to prior Form 3 (1 and 3 shares); reporting person exercised or exercises voting and dispositive control over shares previously held by those entities; some shares are held directly by the Ryan M. Boland Revocable Trust (for which he is trustee) and may be deemed beneficially owned by him.

Context

Code J transactions are “other acquisition or disposition” entries — here they reflect pro rata distributions and internal transfers from LLCs to limited partners and transfers into a revocable trust, per the footnotes. Such transfers are not the same as open-market sales and do not necessarily indicate a change in market sentiment.
The filing includes corrections to prior filings (a few shares) and notes about control of shares held by the named LLCs and the reporting person’s trust.

Form 4

Period: 2026-03-23

Director

Transactions

Other
Common Stock
[F1][F2][F3]
2026-03-23−539,143→ 0 total(indirect: See footnote)
Other
Common Stock
[F4][F5][F6]
2026-03-23−688,751→ 40,821 total(indirect: See footnote)
Other
Common Stock
[F7][F8]
2026-03-23−1,601,440→ 0 total(indirect: See footnote)
Other
Common Stock
[F1][F4][F7][F9]
2026-03-23+122,860→ 122,860 total(indirect: See footnote)

Holdings

Footnotes (9)

[F1]Represents shares of common stock distributed by Ares Technology I LLC ("Ares") on a pro rata basis to its limited partners, including 26,537 shares to the Ryan M. Boland Revocable Trust.
[F2]Includes 1 share of common stock that was inadvertently excluded from the Form 3 filed by the reporting person on August 6, 2025.
[F3]The reporting person exercised voting and dispositive control over the shares of common stock previously held by Ares.
[F4]Represents shares of common stock distributed by Mars Technology Holdings LLC ("Mars") on a pro rata basis to its limited partners, including 36,803 shares to the Ryan M. Boland Revocable Trust.
[F5]Includes 3 shares of common stock that were inadvertently excluded from the Form 3 filed by the reporting person on August 6, 2025.
[F6]The reporting person exercises voting and dispositive control over the shares of common stock held by Mars.
[F7]Represents shares of common stock distributed by Lunar Technology I LLC ("Lunar") on a pro rata basis to its limited partners, including 59,520 shares to the Ryan M. Boland Revocable Trust.
[F8]The reporting person exercised voting and dispositive control over the shares of common stock previously held by Lunar.
[F9]These shares are held directly by the Ryan M. Boland Revocable Trust for which the reporting person serves as trustee. The reporting person may be deemed to have beneficial ownership of the shares held by the trust.

Signature

/s/ David Wheeler, Attorney-in-fact|2026-03-25

1 file