FTAI Aviation Ltd. (FTAI) CFO reports initial share ownership

Rhea-AI Filing Summary

FTAI Aviation Ltd. Chief Financial Officer Nicholas McAleese filed an initial ownership report showing beneficial ownership of 666 Ordinary Shares. This total includes 584 restricted stock units that vest in tranches, subject to his continued employment, between February 27, 2027 and February 27, 2029.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

McAleese Nicholas

(Last) (First) (Middle)

405 W13TH STREET, 3RD FLOOR

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/06/2026

3. Issuer Name and Ticker or Trading Symbol
FTAI Aviation Ltd. [ FTAI ]

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	666(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 584 restricted stock units that vest as follows, subject to the reporting person's continued employment on each vesting date: 109 on February 27, 2027, 129 on February 28, 2027, 109 on February 27, 2028, 128 on February 28, 2028, 109 on February 27, 2029

Remarks:

	/s/ BoHee Yoon, as Attorney-in-fact	03/16/2026
	** 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 5 (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.

FAQ

What does the FTAI Form 3 filing by CFO Nicholas McAleese show?

The Form 3 shows that FTAI Aviation Ltd. CFO Nicholas McAleese beneficially owns 666 Ordinary Shares, including 584 restricted stock units. It is an initial ownership report and does not reflect a new purchase or sale transaction.

How many FTAI Aviation Ordinary Shares does the CFO report owning?

CFO Nicholas McAleese reports beneficial ownership of 666 Ordinary Shares of FTAI Aviation Ltd. This figure includes time-vested restricted stock units that convert into shares as they vest over future dates.

How many restricted stock units are included in the FTAI CFO’s holdings?

The CFO’s reported holdings include 584 restricted stock units. These units represent future shares that will be delivered if specified service conditions are met over the vesting schedule described in the filing footnote.

When do Nicholas McAleese’s FTAI restricted stock units vest?

The 584 restricted stock units vest in several tranches: 109 on February 27, 2027, 129 on February 28, 2027, 109 on February 27, 2028, 128 on February 28, 2028, and 109 on February 27, 2029, assuming continued employment.

Does the FTAI Form 3 indicate any insider buying or selling by the CFO?

The Form 3 does not indicate any insider buying or selling. It records existing beneficial ownership, including restricted stock units, rather than reporting a new market transaction such as a purchase or sale of shares.

What type of security is reported in the FTAI CFO’s Form 3 filing?

The filing reports beneficial ownership of Ordinary Shares of FTAI Aviation Ltd., including restricted stock units that will convert into additional Ordinary Shares as they vest according to the specified schedule and continued employment conditions.