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BBAIBigBear.ai Holdings, Inc. · Insider ownership research

BigBear.ai Holdings, Inc. insiders sold $662K in the past 12 months. How much of their stake is that?

About 3.2% overall. As a group they ended with more shares than they started with. The biggest individual seller, Pamela Braden, gave up 14% of starting holdings.

Updated Oct 8, 2026 from SEC filings · covers Oct 9, 2025 to Oct 8, 2026
How this comparesMore of their stake sold than at 141 of the 311 other companies we can measure (#171 of 312)See ranking
0
buyers among officers and directors, past 12 months
0%
of sales were under disclosed trading plans, past 12 months
3 of 11
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 9, 2026 to Oct 8, 2026
Sep 30, 20263 executives had 38K shares ($99K) withheld by the company for taxes (not a market sale). That is between 1.2% and 1.5% of each person's total stake held that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Kevin McAleenan
Chief Executive Officer, Director
21,523$2.651.5%1.41MSep 30, 2026Sep 30, 2026
Carolyn Blankenship
General Counsel and Secretary
9,020$2.651.2%757KSep 30, 2026Sep 30, 2026
Sean Ricker
Chief Financial Officer
6,991$2.651.2%578KSep 30, 2026Sep 30, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? Less than usual: about one-fifth of the 4-year average. 3 insiders sold; the average is 3 a year. Year by year
Latest filing: Filed Sep 30 for a tax withholding on Sep 30. Kevin McAleenan had 22K shares withheld by the company for taxes. Filing
38 SEC ownership filings in the period · See the evidence

What stands out

Sean Ricker sold 15K shares (5.2% of starting holdings), but 380K more vested, so the stake grew (from 290K to 586K).Largest sale, May 22, 2026
Tax withholding outweighed market sales: the company withheld $1.3M of officers' and directors' shares for taxes, against $662K sold on the open market. The largest was Kevin McAleenan ($863K withheld).Largest withholding, Jan 15, 2026

Percentages cover 10 of 11 officers and directors. Left out: Sean Gainey (held no vested shares at the start). Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period
Pamela Braden
Director
14% · $320KNo plan disclosed
Dorothy Hayes
Director
21% · $263KNo plan disclosed
Sean Ricker
Chief Financial Officer
5.2% · $79KNo plan disclosed
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed
OctNov 2025: $134K no plan disclosedNovDec 2025: $35K no plan disclosedDecJanFebMar 2026: $388K no plan disclosed$388KMarAprMay 2026: $105K no plan disclosedMayJunJulAugSepOct

Outside holders, reported separately

BBAI Ultimate Holdings, LLC reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the BigBear.ai Holdings, Inc. CEO selling stock?

No. Kevin McAleenan reported no open-market sales in the past 12 months.

Why are BigBear.ai Holdings, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any BigBear.ai Holdings, Inc. insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did BigBear.ai Holdings, Inc. insiders sell?

About 3.2% overall. As a group they ended with more shares than they started with. The biggest individual seller, Pamela Braden, gave up 14% of starting holdings. That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold3 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Pamela Braden
Director
$320K
80K shares
14%No plan disclosed
Dorothy Hayes
Director
$263K
54K shares
21%No plan disclosed
Sean Ricker
Chief Financial Officer
$79K
15K shares
5.2%No plan disclosed

Outside holder, reported separately: BBAI Ultimate Holdings, LLC (a 10% owner, not part of management). No open-market sales reported in the period. Holds 144.41M shares. Latest filing

The full ownership picture11 of 11 insiders fully reconciled · 11 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
Kevin McAleenan
i
Includes unvested RSUs, amount not disclosed.
Chief Executive Officer, Director
1.22M01.41Mno sales
Vesting, gifts, unvested awards and holding lines for Kevin McAleenan
0shares vested or exercised
0gifted (net of own trusts)
−207Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock1,218,6481,406,985

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
671,141$3.18Jan 15, 2035$772K

Estimate: options held × ($4.33 − strike price), using the most recent insider trade price on Form 4 (May 22, 2026), not a market close.

Carolyn Blankenship
i
Minor difference of 5,774 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.
General Counsel and Secretary
653K0763Kno sales
Vesting, gifts, unvested awards and holding lines for Carolyn Blankenship
0shares vested or exercised
0gifted (net of own trusts)
−58Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock652,980762,506

Reconciliation: minor difference of 5,774 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Julie Peffer
Chief Financial Officer
634K0634Kno sales
Vesting, gifts, unvested awards and holding lines for Julie Peffer
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock634,153634,153
Pamela Braden
Director
589K−80K545K93%
Vesting, gifts, unvested awards and holding lines for Pamela Braden
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock588,687544,757
Peter Cannito Jr.
Director
443K0479Kno sales
Vesting, gifts, unvested awards and holding lines for Peter Cannito Jr.
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock443,098479,168
Paul Fulchino
Director
386K0441Kno sales
Vesting, gifts, unvested awards and holding lines for Paul Fulchino
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock386,110440,830
Sean Ricker
i
Minor difference of 7,461 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.
Chief Financial Officer
290K−15K586K+102%
Vesting, gifts, unvested awards and holding lines for Sean Ricker
0shares vested or exercised
0gifted (net of own trusts)
−68Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock289,720585,902

Reconciliation: minor difference of 7,461 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Dorothy Hayes
Director
258K−54K240K93%
Vesting, gifts, unvested awards and holding lines for Dorothy Hayes
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock258,150240,220
Sean Battle
Director
171K0207Kno sales
Vesting, gifts, unvested awards and holding lines for Sean Battle
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock170,749206,819
Anthony Evangelista
Director
15K051Kno sales
Vesting, gifts, unvested awards and holding lines for Anthony Evangelista
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock15,09251,162
Sean Gainey
Director
0033Kno sales
Vesting, gifts, unvested awards and holding lines for Sean Gainey
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock032,776

11 of 11 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (9 exactly, 2 with a minor or footnoted difference). Percentages cover 10 of 11 officers and directors. Left out: Sean Gainey (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$662K of sales by plan status, purpose, seller and month

Officer and director open-market sales: $662K across 149,000 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $662K

Sales with no 10b5-1 plan and no tax reference in the filing. $320K of it is Pamela Braden. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Pamela Braden, Mar 16, 2026

Taxes

333,403 shares ($1.3M) were withheld by the company for taxes, which isn't a market sale.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Pamela Braden
Director
80K$320K0%48%Mar 16, 2026 to Mar 16, 2026
Dorothy Hayes
Director
54K$263K0%40%Nov 18, 2025 to May 8, 2026
Sean Ricker
Chief Financial Officer
15K$79K0%12%Dec 4, 2025 to May 22, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$134K$0$0$134K
Dec 2025$35K$0$0$35K
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$388K$0$0$388K
Apr 2026$0$0$0$0
May 2026$105K$0$0$105K
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$0$0$0$0
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by year4 earlier years to compare with

Less than usual: about one-fifth of the 4-year average. 3 insiders sold; the average is 3 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 8, 2026
Latest 12 months
149K3$662K
Oct 8, 2025
1 year earlier
830K5$3.4M
Oct 8, 2024
2 years earlier
983K4$2.2M
Oct 9, 2023
3 years earlier
1.02M3$1.8M
Oct 9, 2022
4 years earlier
00$0
Oct 9, 2021
5 years earlier · filings don't cover the whole year
n/an/an/a

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Carolyn Blankenship: minor difference of 5,774 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Sean Ricker: minor difference of 7,461 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Inferred rename: "BBAI Ultimate Holdings, LLC and AE BBAI Aggregator, LP" is treated as the same holder as "BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC", because the old name was never reported again and the new one opened with the same balance (144,286,114 shares). Old name, new name

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology304 filings from SEC EDGAR, and how we read them

All 304 Forms 3, 4 and 5 filed for BigBear.ai Holdings, Inc. (SEC CIK 1836981) from Feb 8, 2021 to Sep 30, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (15)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Amanda LongJan 6, 20252,445,449 shares, last reported balance as of Jan 6, 2025
Avi KatzMar 13, 2024523,375 shares, last reported balance as of Mar 13, 2024
Raluca DinuMar 13, 2024523,374 shares, last reported balance as of Mar 13, 2024
Norm LaudermilchJan 3, 2024427,643 shares, last reported balance as of Dec 31, 2023
Jeffry DyerJan 6, 202367,085 shares, last reported balance as of Dec 7, 2022
Joshua KinleyJan 6, 202337,044 shares, last reported balance as of Dec 7, 2022
Raanan HorowitzDec 30, 2022146,803 shares, last reported balance as of Dec 28, 2022
Samuel GordyMay 6, 2022No balance on record
Louis Brothers Jr.Apr 6, 2022No balance on record
Brian FrutcheyApr 6, 2022No balance on record
Walter WeightmanFeb 8, 20216,000 shares, last reported balance as of Feb 8, 2021
Andrea Betti-BeruttoNo balance on record
Neil MiottoNo balance on record
Jeffrey HartNo balance on record
Kirk KonertNo balance on record