BBAI

SEC source: 0001628280-25-009075 · wk-form4_1740778180.xml · nonDerivative · entry 2

McAleenan Kevin · CIK 0002052799 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 904,469

F2 · kind: On April 1, 2024, the Reporting Person was granted performance stock units ("PSUs") which vested on February 25, 2025.

SEC source: 0001628280-25-009075 · wk-form4_1740778180.xml · nonDerivative · entry 1

McAleenan Kevin · CIK 0002052799 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 883,653

F1 · kind: On March 1, 2024, the Reporting Person was granted performance stock units ("PSUs") which vested on February 25, 2025.

SEC source: 0001628280-25-009086 · wk-form4_1740778476.xml · nonDerivative · entry 3

Blankenship Carolyn · CIK 0001926488 · General Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 527,973

F3 · kind: Represents shares withheld to satisfy tax withholding obligations in connection with the issuance of shares upon the vesting of PSUs.

SEC source: 0001628280-25-009086 · wk-form4_1740778476.xml · nonDerivative · entry 2

Blankenship Carolyn · CIK 0001926488 · General Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 547,969

F2 · kind: On January 27, 2025, the Reporting Person was granted performance stock units ("PSUs") which vested on February 25, 2025.

SEC source: 0001628280-25-009086 · wk-form4_1740778476.xml · nonDerivative · entry 1

Blankenship Carolyn · CIK 0001926488 · General Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 517,824

F1 · kind: On April 1, 2024, the Reporting Person was granted performance stock units ("PSUs") which vested on February 25, 2025.

SEC source: 0001628280-25-009090 · wk-form4_1740778548.xml · nonDerivative · entry 3

Ricker Sean Raymond · CIK 0001883732 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 277,418

F3 · kind: Represents shares withheld to satisfy tax withholding obligations in connection with the issuance of shares upon the vesting of PSUs.

SEC source: 0001628280-25-009090 · wk-form4_1740778548.xml · nonDerivative · entry 2

Ricker Sean Raymond · CIK 0001883732 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 293,787

F2 · kind: On January 27, 2025, the Reporting Person was granted performance stock units ("PSUs") which vested on February 25, 2025.

SEC source: 0001628280-25-009090 · wk-form4_1740778548.xml · nonDerivative · entry 1

Ricker Sean Raymond · CIK 0001883732 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 268,849

F1 · kind: On April 1, 2024, the Reporting Person was granted performance stock units ("PSUs") which vested on February 25, 2025.

SEC source: 0001628280-25-009081 · wk-form4_1740778273.xml · nonDerivative · entry 3

Peffer Julie · CIK 0001932370 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 626,381

F3 · kind: Represents shares withheld to satisfy tax withholding obligations in connection with the issuance of shares upon the vesting of PSUs.

SEC source: 0001628280-25-009081 · wk-form4_1740778273.xml · nonDerivative · entry 2

Peffer Julie · CIK 0001932370 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 671,790

F2 · kind: On January 27, 2025, the Reporting Person was granted performance stock units ("PSUs") which vested on February 25, 2025.

SEC source: 0001628280-25-009081 · wk-form4_1740778273.xml · nonDerivative · entry 1

Peffer Julie · CIK 0001932370 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 610,404

F1 · kind: On April 1, 2024, the Reporting Person was granted performance stock units ("PSUs") which vested on February 25, 2025.

SEC source: 0001628280-25-003522 · wk-form4_1738621686.xml · nonDerivative · entry 1

Blankenship Carolyn · CIK 0001926488 · General Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 492,505

F1 · shares: Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units.

SEC source: 0001628280-25-002378 · wk-form4_1737667530.xml · nonDerivative · entry 1

Cannito Peter Anthony Jr · CIK 0001877807 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 410,187

F1 · shares: Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on January 22, 2025. 6,463 of the RSUs will vest on January 31, 2025, 6,462 of the RSUs will vest on March 31, 2025, 6,463 of the RSUs will vest on June 30, 2025, and 6,462 of the RSUs will vest on September 30, 2025.

SEC source: 0001628280-25-002376 · wk-form4_1737667444.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 64,201,699

F1 · shares: The reported restricted stock units ("RSU") were granted to Kirk Michael Konert and Jeffrey Hart on January 22, 2025 in their capacity as members of the issuer's board of directors. Each RSU represents the right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. 10,969 of the RSUs will vest on January 31, 2025, 10,971 of the RSUs will vest on March 31, 2025, 10,969 of the RSUs will vest on June 30, 2025, and 10,969 of the RSUs will vest on September 30, 2025. The reported RSUs will be assigned to AE Industrial Partners, LP. Prior to such vesting and assignment, Kirk Michael Konert and Jeffrey Hart will hold the reported securities for the benefit of AE Industrial Partners, LP and they disclaim all right title and interest in such securities.

F2 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F3 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

SEC source: 0001628280-25-002382 · wk-form4_1737667597.xml · nonDerivative · entry 1

Braden Pamela Joyce · CIK 0001883979 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 555,776

F1 · shares: Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on January 22, 2025. 5,386 of the RSUs will vest on January 31, 2025, 5,385 of the RSUs will vest on March 31, 2025, 5,386 of the RSUs will vest on June 30, 2025, and 5,385 of the RSUs will vest on September 30, 2025.

SEC source: 0001628280-25-002384 · wk-form4_1737667668.xml · nonDerivative · entry 1

FULCHINO PAUL E · CIK 0001182805 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 353,199

F1 · shares: Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on January 22, 2025. 2,835 of the RSUs will vest on January 31, 2025, 2,834 of the RSUs will vest on March 31, 2025, 2,835 of the RSUs will vest on June 30, 2025, and 2,834 of the RSUs will vest on September 30, 2025.

SEC source: 0001628280-25-002214 · wk-form4_1737583101.xml · derivative · entry 2

McAleenan Kevin · CIK 0002052799 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 671,141

Underlying: Common Stock · 671,141 shares

Expires 2035-01-15

F2 · derivative.exercise_date: The options were granted on January 15, 2025 and vest as follows: 25% of the options will vest on January 15, 2026 and the remaining 75% will vest in equal quarterly installments on the last day of each calendar quarter thereafter, such that the entire award will be vested on December 31, 2028 (subject to the Reporting Person's continued employment through each vesting date).

SEC source: 0001628280-25-002214 · wk-form4_1737583101.xml · nonDerivative · entry 1

McAleenan Kevin · CIK 0002052799 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 794,367

F1 · shares: Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on January 15, 2025 and vest as follows: 25% of the RSUs will vest on January 15, 2026 and the remaining 75% will vest in equal quarterly installments on the last day of each calendar quarter thereafter, such that the entire award will be vested on December 31, 2028 (subject to the Reporting Person's continued employment through each vesting date).

SEC source: 0001628280-25-000587 · wk-form4_1736198793.xml · nonDerivative · entry 1

Long Amanda · CIK 0001948905 · Director · Chief Executive Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 2,445,448.7973

F1 · shares: The reported sales of shares of Common Stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2024.

SEC source: 0001628280-25-000264 · wk-form4_1735939192.xml · nonDerivative · entry 1

Ricker Sean Raymond · CIK 0001883732 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 247,903

F1 · shares: The reported sales of shares of Common Stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2024.

SEC source: 0001628280-25-002253 · wk-form4_1737589996.xml · nonDerivative · entry 1

BATTLE SEAN BERNARD · CIK 0001884324 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 137,838

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.26 to $4.62. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1 to this Form 4.

SEC source: 0001628280-25-000092 · wk-form4_1735855424.xml · nonDerivative · entry 1

Blankenship Carolyn · CIK 0001926488 · General Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 557,565

F1 · shares: Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units.

F2 · balance_after: Includes 5,000 shares acquired under the BigBear.ai Holdings, Inc. Employee Stock Purchase Plan on November 30, 2024.

SEC source: 0001628280-25-000096 · wk-form4_1735855634.xml · nonDerivative · entry 1

Ricker Sean Raymond · CIK 0001883732 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 249,970

F1 · shares: Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units.

SEC source: 0001628280-25-000085 · wk-form4_1735855288.xml · nonDerivative · entry 1

Peffer Julie · CIK 0001932370 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 558,845

F1 · shares: Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units.

SEC source: 0001628280-25-000083 · wk-form4_1735855212.xml · nonDerivative · entry 1

Long Amanda · CIK 0001948905 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,511,588.7973

F1 · shares: Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units.

SEC source: 0001628280-24-052442 · wk-form4_1735250495.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnotes

Disclosed balance after: 64,157,821

F1 · shares: The reported sales of shares of Common Stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 7, 2024

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.95 to $4.40. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2 to this Form 4.

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F4 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

SEC source: 0001628280-24-052445 · wk-form4_1735250654.xml · nonDerivative · entry 1

Long Amanda · CIK 0001948905 · Director · Chief Executive Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 2,583,253.7973

F1 · shares: The reported sales of shares of Common Stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2024.

SEC source: 0001628280-24-052243 · wk-form4_1734730956.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnotes

Disclosed balance after: 70,233,518

F1 · shares: The reported sales of shares of Common Stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 7, 2024

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.60 to $3.70. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2 to this Form 4.

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F4 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

SEC source: 0001628280-24-051884 · wk-form4_1734557423.xml · nonDerivative · entry 3

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnotes

Disclosed balance after: 70,386,768

F6 · shares: The reported sales of shares of Common Stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 7, 2024

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.45 to $3.82. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 7 to this Form 4.

F2 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F3 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

SEC source: 0001628280-24-051884 · wk-form4_1734557423.xml · nonDerivative · entry 2

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnotes

Disclosed balance after: 73,247,611

F4 · shares: The reported sales include 3,405 shares of Common Stock that were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 7, 2024.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.95 to $3.45. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 5 to this Form 4.

F2 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F3 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

SEC source: 0001628280-24-051884 · wk-form4_1734557423.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnotes

Disclosed balance after: 75,822,146

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.55 to $3.16. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1 to this Form 4.

F2 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F3 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

SEC source: 0001628280-24-051207 · wk-form4_1734126271.xml · nonDerivative · entry 3

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 81,135,236

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.43 to $2.70. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 5 to this Form 4.

F2 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F3 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

SEC source: 0001628280-24-051207 · wk-form4_1734126271.xml · nonDerivative · entry 2

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 83,986,526

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.52 to $2.94. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 4 to this Form 4.

F2 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F3 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

SEC source: 0001628280-24-050805 · wk-form4_1733954158.xml · nonDerivative · entry 1

Ricker Sean Raymond · CIK 0001883732 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 251,003

F1 · shares: The reported sales of shares of Common Stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2024.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.74 to $3.12. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2 to this Form 4.

SEC source: 0001628280-24-051207 · wk-form4_1734126271.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 87,750,028

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.73 to $3.15. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1 to this Form 4.

F2 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F3 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

SEC source: 0001628280-24-050779 · wk-form4_1733952423.xml · nonDerivative · entry 2

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnotes

Disclosed balance after: 90,998,966

F5 · shares: The reported sales include 3,071,446 shares of Common Stock that were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 7, 2024.

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.03 to $3.55. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 6 to this Form 4.

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F4 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

SEC source: 0001628280-24-050779 · wk-form4_1733952423.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnotes

Disclosed balance after: 95,145,801

F1 · shares: The reported sales of shares of Common Stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 7, 2024.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.55 to $4.49. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2 to this Form 4.

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F4 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

SEC source: 0001628280-24-050780 · wk-form4_1733952579.xml · nonDerivative · entry 1

Long Amanda · CIK 0001948905 · Director · Chief Executive Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 2,783,253.7973

F1 · shares: The reported sales of shares of Common Stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2024.

SEC source: 0001628280-24-050259 · wk-form4_1733524193.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnotes

Disclosed balance after: 104,149,225

F1 · shares: The reported sales of shares of Common Stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 7, 2024.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.10 to $3.61. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2 to this Form 4.

F3 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F4 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-24-050473 · wk-form4_1733779680.xml · nonDerivative · entry 1

Ricker Sean Raymond · CIK 0001883732 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 268,632

F1 · shares: Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units.

F2 · balance_after: Includes 4,063 shares acquired under the BigBear.ai Holdings, Inc. Employee Stock Purchase Plan on November 29, 2024.

SEC source: 0001628280-24-050099 · wk-form4_1733435779.xml · nonDerivative · entry 2

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnotes

Disclosed balance after: 110,477,463

F5 · shares: The reported sales include 2,406,895 shares of Common Stock that were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 7, 2024.

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.66 to $3.18. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 6 to this Form 4.

F3 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F4 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-24-050099 · wk-form4_1733435779.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnotes

Disclosed balance after: 115,253,127

F1 · shares: The reported sales include 96,802 shares of Common Stock that were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 7, 2024.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.50 to $2.99. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2 to this Form 4.

F3 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F4 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-24-049927 · wk-form4_1733347380.xml · nonDerivative · entry 2

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 118,781,285

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.12 to $2.92. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 4 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-24-049927 · wk-form4_1733347380.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 124,027,055

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.17 to $2.35. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0000950170-24-132219 · ownership.xml · nonDerivative · entry 2

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 125,066,254

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.11 to $2.37. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 4 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0000950170-24-132219 · ownership.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 126,160,706

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.05 to $2.23. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0000950170-24-131470 · ownership.xml · nonDerivative · entry 2

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 127,028,583

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.03 to $2.19. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 4 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0000950170-24-131470 · ownership.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 128,104,270

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.22 to $2.62. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0000950170-24-130645 · ownership.xml · nonDerivative · entry 2

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 130,286,114

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.21 to $2.51. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 4 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0000950170-24-130645 · ownership.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 132,668,965

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.08 to $2.30. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and Pangiam Ultimate Holdings, LLC. AE Fund II GP is the general partner of each of the AE Funds. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.