Other4

Firefly Aerospace Inc.

Total Value

Filing Date

Oct 2, 2026

1 transactions

Trade Summary

On Sep 30, 2026, AEROEQUITY GP, LLC, Insider, reported $0 of Firefly Aerospace Inc. (FLY) across 1 transactions. The filing covers Common Stock and reflects balanced net activity of $0. Insider transactions are sourced from SEC Form 4 disclosures and should be reviewed alongside company fundamentals and the insider's broader trading history.

Insider Information

Name: AEROEQUITY GP, LLC
Role: Insider
Location: BOCA RATON, FL

Filing Details

Filing Date: Oct 2, 2026
Transaction Date: Sep 30, 2026
Accession Number: 0001193125-26-412788
Form Type: 4

Non-Derivative Transactions

Date	Security	Shares	Price	Type	Value
Sep 30, 2026	Common Stock	42,215	—	Other	—

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Footnotes

(F1)The reported transaction represents a pro rata distribution for no consideration by Glow Holdings Aggregator, LLC ("Glow Holdings Aggregator") to its limited partner.
(F2)Glow NS Holdings, LLC is controlled by Glow NS Intermediate Holdings, LLC, its sole member. Glow NS Intermediate Holdings LLC is controlled by Glow Aggregator, LLC, its sole member. Glow Aggregator, LLC is controlled by AE Industrial Partners Fund II, L.P., its managing member. AE Industrial Partners Fund II, L.P. is controlled by AE Industrial Partners Fund II GP, LP ("AE Fund II GP"), its general partner. Glow Holdings Aggregator is controlled by AE Co-Investment Partners Fund III-F, LP, its managing member. AE Co-Investment Partners Fund III-F, LP is controlled by AE Industrial Partners Fund III GP, LP ("AE Fund III GP"), its general partner.
(F3)(Continued from footnote 2) AE Fund II GP and AE Fund III GP are each managed by each entity's respective general partner, AeroEquity GP, LLC. AeroEquity GP, LLC is controlled by its managing members, Michael Greene and David Rowe. Messrs. Greene and Rowe make all voting and investment decisions with respect to the securities held by AE Industrial Partners. Each of the entities and individuals named above disclaims beneficial ownership of the securities held by AE Industrial Partners, except to the extent of its pecuniary interest therein. The amounts reported as held have been adjusted to reflect an error in allocation among the direct holding entities.
(F4)Held by Glow Holdings Aggregator.
(F5)Held by Glow NS Holdings, LLC.
(F6)Held by David Rowe.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

AEROEQUITY GP, LLC

(Last)

(First)

(Middle)

C/O AE INDUSTRIAL PARTNERS, LP

6700 BROKEN SOUND PKWY NW

(Street)

BOCA RATON

33487

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Firefly Aerospace Inc. [ FLY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/30/2026		J⁽¹⁾		42,215	D	$0.00	17,683,007	I	See Footnotes⁽²⁾⁽³⁾⁽⁴⁾
Common Stock								32,980,210	I	See Footnotes⁽²⁾⁽³⁾⁽⁵⁾
Common Stock								11,111	I	See Footnotes⁽²⁾⁽³⁾⁽⁶⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

AEROEQUITY GP, LLC

(Last)

(First)

(Middle)

C/O AE INDUSTRIAL PARTNERS, LP

6700 BROKEN SOUND PKWY NW

(Street)

BOCA RATON

33487

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Glow NS Holdings, LLC

(Last)

(First)

(Middle)

C/O AE INDUSTRIAL PARTNERS, LP

6700 BROKEN SOUND PKWY NW

(Street)

BOCA RATON

33487

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Glow Holdings Aggregator, LLC

(Last)

(First)

(Middle)

C/O AE INDUSTRIAL PARTNERS, LP

6700 BROKEN SOUND PKWY NW

(Street)

BOCA RATON

33487

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

GREENE MICHAEL ROBERT

(Last)

(First)

(Middle)

C/O AE INDUSTRIAL PARTNERS, LP

6700 BROKEN SOUND PKWY NW

(Street)

BOCA RATON

33487

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

ROWE DAVID H.

(Last)

(First)

(Middle)

C/O AE INDUSTRIAL PARTNERS, LP

6700 BROKEN SOUND PKWY NW

(Street)

BOCA RATON

33487

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The reported transaction represents a pro rata distribution for no consideration by Glow Holdings Aggregator, LLC ("Glow Holdings Aggregator") to its limited partner.

2. Glow NS Holdings, LLC is controlled by Glow NS Intermediate Holdings, LLC, its sole member. Glow NS Intermediate Holdings LLC is controlled by Glow Aggregator, LLC, its sole member. Glow Aggregator, LLC is controlled by AE Industrial Partners Fund II, L.P., its managing member. AE Industrial Partners Fund II, L.P. is controlled by AE Industrial Partners Fund II GP, LP ("AE Fund II GP"), its general partner. Glow Holdings Aggregator is controlled by AE Co-Investment Partners Fund III-F, LP, its managing member. AE Co-Investment Partners Fund III-F, LP is controlled by AE Industrial Partners Fund III GP, LP ("AE Fund III GP"), its general partner.

3. (Continued from footnote 2) AE Fund II GP and AE Fund III GP are each managed by each entity's respective general partner, AeroEquity GP, LLC. AeroEquity GP, LLC is controlled by its managing members, Michael Greene and David Rowe. Messrs. Greene and Rowe make all voting and investment decisions with respect to the securities held by AE Industrial Partners. Each of the entities and individuals named above disclaims beneficial ownership of the securities held by AE Industrial Partners, except to the extent of its pecuniary interest therein. The amounts reported as held have been adjusted to reflect an error in allocation among the direct holding entities.

4. Held by Glow Holdings Aggregator.

5. Held by Glow NS Holdings, LLC.

6. Held by David Rowe.

	AeroEquity GP, LLC /s/ Michael Greene, Authorized Signatory	10/02/2026
	Glow NS Holdings, LLC /s/ Kirk Konert, Authorized Signatory	10/02/2026
	Glow Holdings Aggregator, LLC /s/ Kirk Konert, Authorized Signatory	10/02/2026
	/s/ Michael Greene	10/02/2026
	/s/ David H. Rowe	10/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Form 4 as rendered by the SEC from accession 0001193125-26-412788.

Firefly Aerospace Inc.

Trade Summary

Company Information

Insider Information

Filing Details

Non-Derivative Transactions

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Footnotes

SEC Form 4

SEC Filing

SEC Form 4