Director at FTAI Aviation (FTAI) receives 552-share equity grant

Rhea-AI Filing Summary

LEVISON A ANDREW reported acquisition or exercise transactions in this Form 4 filing.

FTAI Aviation Ltd. director Andrew Levison received an equity grant of 552 ordinary shares at no cost. The award is structured as restricted share units that vest in a single installment on May 28, 2026, contingent on his continued service with the company.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LEVISON A ANDREW

Role null

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

Holdings After Transaction: Ordinary Shares — 11,703 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 552 shares Grant price: $0.0000 per share Post-transaction holdings: 11,703 shares +1 more

4 metrics

Shares granted 552 shares Restricted share unit grant to director on May 28, 2026 vesting schedule

Grant price $0.0000 per share Compensation-related equity award, no cash paid by director

Post-transaction holdings 11,703 shares Total ordinary shares beneficially owned after grant

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

Key Terms

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

4 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.

beneficially own financial

"total_shares_following_transaction: 11703.0000 indicating shares beneficially owned"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

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^*

LEVISON A ANDREW

(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	11,703	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 insider transaction did FTAI (FTAI) director Andrew Levison report?

Director Andrew Levison reported receiving a grant of 552 ordinary shares in FTAI Aviation Ltd. The equity was granted at no cost as restricted share units, providing compensation tied to continued service and future vesting rather than an open-market purchase or sale.

How many FTAI Aviation shares were granted in this Form 4 filing?

The Form 4 shows a grant of 552 ordinary shares of FTAI Aviation Ltd. These are structured as restricted share units, vesting in one annual installment, aligning the director’s compensation with the company’s long-term performance and service requirements over the vesting period.

What is the vesting schedule for the FTAI director’s new restricted share units?

The restricted share units granted to the FTAI director vest in one annual installment beginning on May 28, 2026. Vesting is conditioned on the reporting person’s continued service through that date, linking the equity award directly to ongoing board participation and retention.

Did the FTAI director pay anything for the 552-share equity grant?

No cash was paid for this equity grant; the transaction price per share is reported as 0.0000. This indicates a compensation-related award of restricted share units, rather than a purchase of shares on the open market by the FTAI Aviation director.

What are the FTAI director’s holdings after this Form 4 transaction?

Following the grant, the director is reported to beneficially own 11,703 ordinary shares of FTAI Aviation Ltd. This total reflects direct ownership after the 552-share restricted share unit award, giving investors a clearer picture of his current equity stake in the company.