FTAI Aviation (FTAI) awards director 552 restricted share units

Rhea-AI Filing Summary

GIDUMAL SHYAM H reported acquisition or exercise transactions in this Form 4 filing.

FTAI Aviation Ltd. director Shyam H. Gidumal received a grant of 552 restricted share units representing Ordinary Shares as equity compensation at no cash cost. This award increases his direct holdings to 2,221 Ordinary Shares and vests in a single installment on May 28, 2026, subject to his continued service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GIDUMAL SHYAM H

Role null

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares	552	$0.00	--

Holdings After Transaction: Ordinary Shares — 2,221 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted share units granted: 552 units Grant price per share: $0.00 per share Total shares after transaction: 2,221 Ordinary Shares +1 more

4 metrics

Restricted share units granted 552 units Grant to director Shyam H. Gidumal on May 28, 2026 vesting schedule

Grant price per share $0.00 per share Equity compensation award, not open-market purchase

Total shares after transaction 2,221 Ordinary Shares Direct holdings following the grant

Vesting date May 28, 2026 Restricted share units vest in one annual installment

Key Terms

restricted share units, vest, grant, award, or other acquisition

3 terms

restricted share units financial

"Reflects a grant of restricted share units that vest in one annual installment"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

vest financial

"restricted share units that vest in one annual installment beginning on May 28, 2026"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

GIDUMAL SHYAM H

(Last) (First) (Middle)

405 WEST 13TH STREET, 3RD FLOOR

(Street)

NEW YORK NEW YORK 10014

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

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

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

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

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	05/28/2026		A		552(1)	A	$0	2,221	D

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. Reflects a grant of restricted share units that vest in one annual installment beginning on May 28, 2026, subject to the reporting person's continued service on the vesting date.

Remarks:

	/s/ BoHee Yoon, as Attorney-in-fact	05/29/2026
	** 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).
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.
* Form 4: SEC 1474 (03-26)

FAQ

What does the latest FTAI (FTAI) Form 4 disclose about Shyam H. Gidumal?

The Form 4 shows director Shyam H. Gidumal received a grant of 552 restricted share units. These units represent Ordinary Shares of FTAI Aviation Ltd. and were awarded as equity compensation, not through an open-market purchase, increasing his direct holdings to 2,221 Ordinary Shares.

How many FTAI Aviation (FTAI) shares were granted to Shyam H. Gidumal and at what price?

Shyam H. Gidumal was granted 552 restricted share units at a stated price of $0.00 per share. The zero price indicates an equity compensation award rather than a cash purchase, adding to his existing position and bringing his direct holdings to 2,221 Ordinary Shares.

When do Shyam H. Gidumal’s FTAI Aviation (FTAI) restricted share units vest?

The 552 restricted share units vest in one annual installment beginning on May 28, 2026. Vesting is conditioned on his continued service through the vesting date, meaning the award fully becomes his only if he remains in service until that time.

Is Shyam H. Gidumal’s FTAI (FTAI) Form 4 transaction a stock purchase or a compensation grant?

The transaction is a compensation-related grant, not an open-market stock purchase. The filing classifies it as a grant or award acquisition code “A,” with 552 restricted share units issued at $0.00 per share as part of his director equity compensation.

How many FTAI Aviation (FTAI) shares does Shyam H. Gidumal hold after this grant?

After the grant, Shyam H. Gidumal directly holds 2,221 Ordinary Shares of FTAI Aviation Ltd. This total includes the effect of the 552 restricted share units reported in the transaction, reflecting his updated direct ownership position as disclosed in the Form 4.