AllianceBernstein (FIP) holds 5.20M shares, 4.4% stake disclosed in amendment

Rhea-AI Filing Summary

FTAI Infrastructure Inc reports an amended Schedule 13G filing showing institutional beneficial ownership of 5,198,001 shares of Common Stock, representing 4.4% of the class. The filing states AllianceBernstein L.P. holds sole dispositive power for 5,198,001 shares and sole voting power for 4,968,951 shares on behalf of discretionary client accounts.

The amendment clarifies ownership details and attributes the holdings to AllianceBernstein L.P., a Delaware entity, and includes its CUSIP 35953C106. The signature block shows the filing was signed on 05/15/2026.

Insights

Institutional Ownership Analyst

Amended Schedule 13G discloses passive institutional stake of 4.4%

AllianceBernstein L.P. reports beneficial ownership of 5,198,001 shares, held in client discretionary accounts. The filing lists precise voting and dispositive powers, indicating investment management control rather than direct corporate control.

Because the stake is below 5%, this is a routine ownership disclosure; subsequent filings would show any change in percent ownership or voting arrangements.

Compliance & Regulatory Specialist

Amendment clarifies reporting details and attribution

The amendment updates or confirms the Schedule 13G data with CUSIP 35953C106 and includes the preparer contact. It preserves the passive ownership posture typical of a Section 13 reporting investor.

Regulatory attention focuses on accuracy of voting/dispositive counts and timely amendment; no corrective remedial language appears.

Key Figures

Beneficial ownership: 5,198,001 shares Percent of class: 4.4% Sole voting power: 4,968,951 shares +3 more

6 metrics

Beneficial ownership 5,198,001 shares Amended Schedule 13G; discretionary client accounts

Percent of class 4.4% Reported percent of common stock

Sole voting power 4,968,951 shares Amount with sole power to vote

Sole dispositive power 5,198,001 shares Amount with sole power to dispose

CUSIP 35953C106 Identifier for FTAI Infrastructure common stock

Filing signature date 05/15/2026 Date on signature block

Key Terms

Schedule 13G/A, beneficial ownership, sole dispositive power, CUSIP, +1 more

5 terms

Schedule 13G/A regulatory

"Amendment No. 1 and Schedule 13G referenced in header"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficial ownership financial

"Amount beneficially owned: 5,198,001 shares acquired solely for investment purposes"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

sole dispositive power regulatory

"Sole power to dispose or to direct the disposition of: 5,198,001"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

CUSIP financial

"CUSIP No.: 35953C106 shown on the filing"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

discretionary client accounts financial

"held on behalf of client discretionary investment advisory accounts"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

FTAI Infrastructure Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

35953C106

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 35953C106

1

Names of Reporting Persons

AllianceBernstein L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 4,968,951.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 5,198,001.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,198,001.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.4 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: FTAI Infrastructure Inc
(b)	Address of issuer's principal executive offices: 1345 AVENUE OF THE AMERICAS,, NEW YORK,, NY, 10105
Item 2.
(a)	Name of person filing: AllianceBernstein L.P. ("AllianceBernstein L.P.")
(b)	Address or principal business office or, if none, residence: 501 Commerce Street, Nashville, TN 37203 All media outlets, please contact Jennifer Will at AllianceBernstein (212-969-1157) with any questions. All other questions can be directed to Section13USFilings@alliancebernstein.com.
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 35953C106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 5,198,001 shares acquired solely for investment purposes on behalf of client discretionary investment advisory accounts.* *AllianceBernstein L.P. is a majority owned subsidiary of Equitable Holdings, Inc. ("EQH"). AllianceBernstein operates under independent management and makes independent decisions from EQH and its respective subsidiaries, and EQH calculates and reports beneficial ownership separately from AllianceBernstein pursuant to guidance provided by the Securities and Exchange Commission in Release Number 34-39538 (January 12, 1998).
(b)	Percent of class: 4.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 4,968,951
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 5,198,001
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

AllianceBernstein L.P.

Signature:	Marcus Edwards
Name/Title:	AVP/ Senior Compliance Associate
Date:	05/15/2026

FAQ

What stake does AllianceBernstein report in FTAI Infrastructure (FIP)?

AllianceBernstein reports beneficial ownership of 5,198,001 shares, equal to 4.4% of FTAI Infrastructure's common stock, held in discretionary client accounts and shown in the amended Schedule 13G.

Does AllianceBernstein have voting control over the shares?

The filing shows sole voting power for 4,968,951 shares and sole dispositive power for 5,198,001 shares, indicating authority to direct votes and dispositions for most of the reported position.

Is this a change in ownership or a routine disclosure?

This document is an Amendment No. 1 to a Schedule 13G and clarifies reporting details; it identifies a passive institutional stake below 5% rather than an active control stake.

What securities and identifier are included in the filing?

The filing covers Common Stock of FTAI Infrastructure Inc with CUSIP 35953C106, per the amended Schedule 13G submitted by AllianceBernstein L.P.

When was the amended Schedule 13G signed?

The signature block shows the filing was signed by Marcus Edwards, AVP/Senior Compliance Associate, on 05/15/2026 for AllianceBernstein L.P.