FTAI director granted 125 shares for board pay

FTAI Aviation Ltd. (FTAI) reported that director Shyam H. Gidumal received a grant of 125 ordinary shares on September 15, 2026 as compensation for board services, acquired at no cash cost to him.

Rhea-AI Filing Summary

FTAI Aviation Ltd. (FTAI) reported that director Shyam H. Gidumal received a grant of 125 ordinary shares on September 15, 2026 as compensation for board services, acquired at no cash cost to him.

The footnote states these shares were issued in lieu of cash fees under the FTAI Aviation Ltd. 2025 Omnibus Incentive Award Plan, based on the applicable closing share price of $176.00 on September 14, 2026. Following this award, he directly holds 2,346 ordinary shares. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Grant/Award: 125 shares

Grant/Award 1 txn

Insider GIDUMAL SHYAM H

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares F1	125	$0.00	$0.00

Holdings After Transaction: Ordinary Shares — 2,346 shares (Direct)

Footnotes (1)

1. F1. Reflects ordinary shares issued at the election of the reporting person in lieu of cash fees as compensation for services provided to the issuer in accordance with the FTAI Aviation Ltd. 2025 Omnibus Incentive Award Plan and the additional terms established by resolution of the Board of Directors. The applicable closing share price was $176.00 on September 14, 2026.

Key Figures

Shares granted: 125 ordinary shares Closing share price reference: $176.00 per share Post-transaction holdings: 2,346 ordinary shares +1 more

4 metrics

Shares granted 125 ordinary shares Grant in lieu of cash fees on September 15, 2026

Closing share price reference $176.00 per share Applicable closing share price on September 14, 2026 used to value the grant

Post-transaction holdings 2,346 ordinary shares Director’s direct ownership after the September 15, 2026 grant

Cash paid per share by insider $0.00 per share Grant/award acquisition reported at no cash cost to the director

Key Terms

Omnibus Incentive Award Plan, ordinary shares, closing share price

3 terms

Omnibus Incentive Award Plan financial

"in accordance with the FTAI Aviation Ltd. 2025 Omnibus Incentive Award Plan"

ordinary shares financial

"Reflects ordinary shares issued at the election of the reporting person"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

closing share price financial

"The applicable closing share price was $176.00 on September 14, 2026"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did FTAI Aviation Ltd. (FTAI) report for September 15, 2026?

FTAI reported that director Shyam H. Gidumal received 125 ordinary shares on September 15, 2026 as a grant in lieu of cash board fees under the 2025 Omnibus Incentive Award Plan.

At what price were the FTAI shares valued for this director compensation grant?

The shares were issued based on the closing share price of $176.00 on September 14, 2026, as stated in the footnote describing the grant under the 2025 Omnibus Incentive Award Plan.

How many FTAI shares does the director hold after this Form 4 transaction?

After receiving the 125-share award, director Shyam H. Gidumal directly holds 2,346 ordinary shares of FTAI Aviation Ltd., according to the reported post-transaction ownership figure.

Was this FTAI Form 4 transaction executed under a Rule 10b5-1 trading plan?

No. The filing indicates no Rule 10b5-1 trading plan for this transaction; it is reported as a grant of shares in lieu of cash compensation, not as an open-market trade.

What is the nature of the FTAI shares received by the director in this filing?

The director received ordinary shares of FTAI Aviation Ltd. as a grant labeled as compensation, issued in lieu of cash fees for services to the issuer under the 2025 Omnibus Incentive Award Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/17/2026 - 04:16 PM Accepted by SEC EDGAR 09/17/2026 - 04:15 PM Learn about SEC filing dates

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)
09/15/2026

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	09/15/2026		A		125(1)	A	$0	2,346	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 ordinary shares issued at the election of the reporting person in lieu of cash fees as compensation for services provided to the issuer in accordance with the FTAI Aviation Ltd. 2025 Omnibus Incentive Award Plan and the additional terms established by resolution of the Board of Directors. The applicable closing share price was $176.00 on September 14, 2026.

Remarks:

	/s/ BoHee Yoon, as Attorney-in-fact	09/17/2026
	** 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)