Form 4 | BigBear.ai Holdings Director Pangiam Ultimate Holdings sold 9,630,898 Shares.

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Pangiam Ultimate Holdings, a director of BigBear.ai Holdings, sold 5,015,919 shares of common stock on March 3, 2025, at $5.12 per share, and 4,624,979 shares on March 4, 2025, at $4.65 per share. The intensive sales by the director may imply that the current stock price is overvalued and can be considered a bearish signal for investors. Close attention is required.

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