FTAI president granted 6,540 restricted shares
FTAI Aviation Ltd. President David Moreno reported an acquisition of 6,540 Ordinary Shares through a grant of restricted stock units.
Rhea-AI Filing Summary
FTAI Aviation Ltd. President David Moreno reported an acquisition of 6,540 Ordinary Shares through a grant of restricted stock units. These units vest in three equal annual installments beginning on February 27, 2027, subject to his continued employment on each vesting date. Following this award, he directly holds 240,446 Ordinary Shares and has indirect ownership of 4,354 additional Ordinary Shares and 8,000 Series D Preferred Shares through a BVI corporation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 6,540 shares
Grant/Award
3 txns
Insider
Moreno David
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 6,540 | $0.00 | $0.00 |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Series D Preferred Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 240,446 shares (Direct);
Ordinary Shares — 4,354 shares (Indirect, By BVI Corp);
Series D Preferred Shares — 8,000 shares (Indirect, By BVI Corp)
Footnotes (1)
- F1. 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.
FAQ
What insider transaction did FTAI President David Moreno report on this Form 4?
FTAI President David Moreno reported receiving a grant of 6,540 restricted stock units representing Ordinary Shares. The filing also updates his direct and indirect holdings in FTAI Ordinary Shares and Series D Preferred Shares after this equity award.
How do the granted restricted stock units for FTAI vest over time?
The 6,540 restricted stock units vest in three equal annual installments starting February 27, 2027. Each installment requires David Moreno’s continued employment with the company on the applicable vesting date for those units to become fully owned.
What indirect FTAI holdings are associated with David Moreno on this Form 4?
The filing shows indirect ownership of 4,354 Ordinary Shares and 8,000 Series D Preferred Shares of FTAI, held through a BVI corporation. These interests are reported as indirect, separate from his directly held Ordinary Shares.
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