FTAI Aviation CEO has shares withheld for taxes
FTAI Aviation Ltd. director, CEO and Chairman Joseph P. Adams Jr. reported a Form 4 showing a tax-related share withholding rather than an open-market sale.
Rhea-AI Filing Summary
FTAI Aviation Ltd. director, CEO and Chairman Joseph P. Adams Jr. reported a Form 4 showing a tax-related share withholding rather than an open-market sale. On March 4, 2026, 1,689 Ordinary Shares were withheld by the company to cover tax obligations upon the vesting of restricted stock units.
After this tax-withholding disposition, Adams directly holds 231,731 Ordinary Shares. He also reports indirect ownership of 116,000 Ordinary Shares through a Spousal Lifetime Access Trust and 187,616 Ordinary Shares through an LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,689 shares
Exercise Price or Tax Liability
3 txns
Insider
Adams Joseph P. Jr.
Role
CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 1,689 | $281.75 | $476K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 231,731 shares (Direct);
Ordinary Shares — 116,000 shares (Indirect, By Spousal Lifetime Access Trust);
Ordinary Shares — 187,616 shares (Indirect, By LLC)
Footnotes (1)
- F1. No shares were sold. Reflects shares withheld by the Issuer to satisfy tax withholding upon the vesting of restricted stock units.
FAQ
What insider transaction did FTAI (FTAI) CEO Joseph P. Adams Jr. report?
Joseph P. Adams Jr., CEO and Chairman of FTAI Aviation Ltd., reported a tax-related share withholding. The company withheld 1,689 Ordinary Shares to satisfy tax obligations when his restricted stock units vested, rather than executing an open-market sale.
What indirect FTAI Aviation holdings are reported for the CEO on this Form 4?
The Form 4 lists two categories of indirect ownership. One is 116,000 Ordinary Shares held by a Spousal Lifetime Access Trust, and the other is 187,616 Ordinary Shares held by an LLC, both associated with Joseph P. Adams Jr.
What does transaction code F indicate in the FTAI CEO’s Form 4 filing?
Transaction code F indicates a tax-withholding disposition. In this case, 1,689 Ordinary Shares were delivered back to FTAI Aviation to satisfy tax withholding when restricted stock units vested, as clarified by the accompanying explanatory footnote.
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