FTAI Aviation president has shares withheld for taxes
FTAI Aviation Ltd. president David Moreno reported a tax-related share withholding rather than an open-market trade.
Sentiment and the balance of points
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Rhea-AI Filing Summary
FTAI Aviation Ltd. president David Moreno reported a tax-related share withholding rather than an open-market trade. On this Form 4, the issuer withheld 1,956 Ordinary Shares at $281.75 per share to satisfy tax obligations upon vesting of restricted stock units, and no shares were sold. After this adjustment, Moreno directly owns 238,490 Ordinary Shares. He also reports indirect ownership, through a BVI corporation, of 4,354 Ordinary Shares and 8,000 Series D Preferred Shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 1,956 | $281.75 | $551K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Series D Preferred Shares | -- | -- | -- |
Footnotes (1)
- F1. No shares were sold. Reflects shares withheld by the Issuer to satisfy tax withholding upon the vesting of restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did FTAI (FTAI) president David Moreno disclose in this Form 4 filing?
What indirect holdings does David Moreno report in FTAI (FTAI) securities?
What does transaction code F indicate in David Moreno’s FTAI Form 4?
Does this FTAI (FTAI) Form 4 suggest buying or selling activity by David Moreno?
AI-generated analysis. How Rhea-AI works. Not financial advice.