FTAI Aviation (FTAI) president reports RSU tax share withholding event
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FTAI Aviation Ltd. president David Moreno reported a routine tax-related share withholding tied to vested restricted stock units. The issuer withheld 41,475 Ordinary Shares at $270.53 per share to satisfy tax obligations, and no shares were sold in the market.
After this withholding, Moreno holds 197,015 Ordinary Shares directly. He also has indirect holdings through a BVI corporation, including 8,000 Series D Preferred Shares and 4,354 Ordinary Shares. The filing reflects compensation and tax mechanics rather than discretionary trading activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Moreno David
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 41,475 | $270.53 | $11.22M |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Series D Preferred Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 197,015 shares (Direct, null);
Ordinary Shares — 4,354 shares (Indirect, By BVI Corp);
Series D Preferred Shares — 8,000 shares (Indirect, By BVI Corp)
Footnotes (1)
- [object Object]
Key Figures
Tax withholding shares: 41,475 shares
Withholding price: $270.53 per share
Direct Ordinary Shares after transaction: 197,015 shares
+3 more
6 metrics
Tax withholding shares
41,475 shares
Ordinary Shares withheld for tax on RSU vesting
Withholding price
$270.53 per share
Price used for tax withholding on Ordinary Shares
Direct Ordinary Shares after transaction
197,015 shares
Direct holdings following tax withholding
Indirect Series D Preferred
8,000 shares
Indirect holdings via BVI corporation
Indirect Ordinary Shares
4,354 shares
Indirect holdings via BVI corporation
Tax withholding transactions
1 transaction
Code F disposition for tax obligations
Key Terms
restricted stock units, Series D Preferred Shares, Ordinary Shares, tax withholding, +1 more
5 terms
restricted stock units financial
"Reflects shares withheld by the Issuer to satisfy tax withholding upon the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding financial
"Reflects shares withheld by the Issuer to satisfy tax withholding upon the vesting of restricted stock units."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did FTAI (FTAI) president David Moreno report?
David Moreno reported a tax-related share withholding, not an open-market trade. The issuer withheld 41,475 Ordinary Shares at $270.53 per share to cover taxes due on vested restricted stock units, as reflected in a Form 4 filing.
What indirect FTAI Aviation holdings does David Moreno report in this Form 4?
Moreno reports indirect holdings through a BVI corporation. These include 8,000 Series D Preferred Shares and 4,354 Ordinary Shares, classified as indirect ownership. These positions are separate from the 197,015 Ordinary Shares he holds directly.
What does the tax withholding code “F” mean in the FTAI (FTAI) Form 4?
Code “F” indicates shares were withheld to pay taxes or exercise costs. In this filing, 41,475 Ordinary Shares were withheld by FTAI Aviation to satisfy tax withholding triggered by restricted stock unit vesting for president David Moreno.
Is the Form 4 for FTAI Aviation’s David Moreno a routine compensation event?
Yes, the filing reflects a routine compensation-related event. Shares were withheld to cover tax obligations when restricted stock units vested, and the footnote clarifies no market sale occurred, indicating standard equity compensation and tax settlement mechanics.