FTAI Aviation (FTAI) CEO has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FTAI Aviation Ltd. director, CEO and Chairman Joseph P. Adams Jr. reported a tax-withholding share disposition related to equity compensation. On May 28, 2026, 10,783 Ordinary Shares were withheld by the issuer at $262.78 per share to satisfy tax obligations upon vesting of restricted stock units, and no shares were sold. Following this, he holds 225,644 Ordinary Shares directly, plus indirect holdings of 187,616 Ordinary Shares through an LLC and 116,000 Ordinary Shares through a Spousal Lifetime Access Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Adams Joseph P. Jr.
Role
CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 10,783 | $262.78 | $2.83M |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 225,644 shares (Direct, null);
Ordinary Shares — 116,000 shares (Indirect, By Spousal Lifetime Access Trust)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 10,783 shares
Withholding price: $262.78 per share
Direct holdings after transaction: 225,644 shares
+2 more
5 metrics
Shares withheld for taxes
10,783 shares
Withheld to satisfy tax withholding on RSU vesting
Withholding price
$262.78 per share
Price used for tax-withholding disposition of Ordinary Shares
Direct holdings after transaction
225,644 shares
Ordinary Shares directly owned after tax withholding
Indirect LLC holdings
187,616 shares
Ordinary Shares held indirectly through an LLC
Indirect trust holdings
116,000 shares
Ordinary Shares held indirectly via Spousal Lifetime Access Trust
Key Terms
restricted stock units, tax withholding, Spousal Lifetime Access Trust, Ordinary Shares, +1 more
5 terms
restricted stock units financial
"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
"shares withheld by the Issuer to satisfy tax withholding"
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.
Spousal Lifetime Access Trust financial
"nature_of_ownership": "By Spousal Lifetime Access Trust""
transaction code F financial
"Transaction code F indicates shares used to pay the exercise price or tax liability"
FAQ
What insider transaction did FTAI CEO Joseph P. Adams Jr. report on this Form 4?
Joseph P. Adams Jr. reported a tax-withholding disposition of shares, not a market sale. The issuer withheld 10,783 FTAI Aviation Ordinary Shares to cover tax obligations arising from the vesting of restricted stock units.
What indirect FTAI holdings are reported for the CEO in this Form 4?
The Form 4 reports two indirect FTAI positions: 187,616 Ordinary Shares held through an LLC and 116,000 Ordinary Shares held through a Spousal Lifetime Access Trust. These positions are reported as indirect beneficial ownership interests associated with the CEO.
What does transaction code F mean in the FTAI CEO’s Form 4?
Transaction code F indicates shares used to pay the exercise price or tax liability. In this FTAI filing, it reflects 10,783 Ordinary Shares withheld by the issuer to cover tax withholding on vesting restricted stock units for Joseph P. Adams Jr.