FTAI Aviation (FTAI) CFO receives 5,083 restricted stock units grant

Rhea-AI Filing Summary

McAleese Nicholas reported acquisition or exercise transactions in this Form 4 filing.

FTAI Aviation Ltd. reported that Chief Financial Officer Nicholas McAleese received an equity compensation award. He was granted 5,083 restricted stock units at no cash cost, representing rights to ordinary shares.

The units vest in three equal annual installments beginning on February 27, 2027, if he remains employed on each vesting date. Following this grant, his directly held ordinary shares reported in this filing total 5,749, indicating a relatively small, routine compensation-related position.

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^*

McAleese Nicholas

(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)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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	03/16/2026		A		5,083(1)	A	$0	5,749	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 stock units that vest in three equal annual installments beginning on February 27, 2027, subject to the reporting person's continued employment on each vesting date.

Remarks:

	/s/ BoHee Yoon, as Attorney-in-fact	03/17/2026
	** 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.

FAQ

What did FTAI Aviation (FTAI) disclose about CFO Nicholas McAleese’s equity grant?

FTAI Aviation disclosed that CFO Nicholas McAleese received 5,083 restricted stock units as an equity award. These units are tied to ordinary shares and were granted at no cash cost as part of his compensation package.

How many FTAI Aviation shares does CFO Nicholas McAleese hold after this Form 4?

After the reported award, Nicholas McAleese is shown as directly holding 5,749 ordinary shares. This figure comes from the Form 4 table and reflects his reported ownership position immediately following the grant transaction.

How do the FTAI Aviation restricted stock units granted to the CFO vest over time?

The 5,083 restricted stock units vest in three equal annual installments starting on February 27, 2027. Each installment requires that Nicholas McAleese remain employed with FTAI Aviation on the applicable vesting date for those units to settle.

Was the FTAI Aviation CFO’s Form 4 transaction a market purchase or sale?

The transaction was not a market purchase or sale; it was a grant classified as an acquisition. The Form 4 uses code “A” for a grant or award, indicating compensation rather than open-market trading in FTAI Aviation shares.

Does the FTAI Aviation CFO’s equity grant involve any immediate cash payment?

No immediate cash payment is involved in this grant. The reported price per share is zero, reflecting that the 5,083 restricted stock units are a stock-based compensation award rather than a cash-funded purchase of FTAI Aviation shares.