FTAI Aviation (FTAI) president has 1,956 shares withheld for taxes

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.

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

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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^*

Moreno David

(Last) (First) (Middle)

405 WEST 13TH STREET, 3RD FLOOR

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. 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 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	03/04/2026		F(1)		1,956	D	$281.75	238,490	D
Ordinary Shares								4,354	I	By BVI Corp
Series D Preferred Shares								8,000	I	By BVI Corp

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. No shares were sold. Reflects shares withheld by the Issuer to satisfy tax withholding upon the vesting of restricted stock units.

Remarks:

	/s/ BoHee Yoon, as Attorney-in-fact	03/05/2026
	** 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).
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FAQ

What did FTAI (FTAI) president David Moreno disclose in this Form 4 filing?

David Moreno disclosed that FTAI Aviation withheld 1,956 Ordinary Shares at $281.75 per share to cover tax obligations from vesting restricted stock units. The filing clarifies no shares were sold and updates his direct and indirect shareholdings.

Were any FTAI (FTAI) shares sold by David Moreno in this Form 4?

No shares were sold. The issuer withheld 1,956 Ordinary Shares solely to satisfy tax withholding related to vesting restricted stock units. The footnote explicitly states that no shares were sold, distinguishing this from an open-market sale transaction.

How many FTAI Aviation Ordinary Shares does David Moreno own after the transaction?

After the tax-withholding transaction, David Moreno directly owns 238,490 Ordinary Shares of FTAI Aviation. This figure reflects his updated direct holdings following the 1,956 shares withheld by the issuer to meet his associated tax obligations.

What indirect holdings does David Moreno report in FTAI (FTAI) securities?

David Moreno reports indirect ownership through a BVI corporation of 4,354 Ordinary Shares and 8,000 Series D Preferred Shares of FTAI Aviation. These positions are classified as indirect, separate from his personal direct Ordinary Share holdings in the company.

What does transaction code F indicate in David Moreno’s FTAI Form 4?

Transaction code F indicates a tax-withholding disposition, where shares are delivered to cover tax liabilities or exercise price. In this case, 1,956 Ordinary Shares were withheld by FTAI Aviation to satisfy tax withholding upon vesting of restricted stock units.

Does this FTAI (FTAI) Form 4 suggest buying or selling activity by David Moreno?

The Form 4 shows a tax-withholding disposition, not typical buying or selling. Shares were withheld by the issuer to cover taxes from restricted stock unit vesting, and the accompanying footnote confirms that no FTAI shares were actually sold in the market.