Director Martin Tuchman takes share grant at FTAI Aviation (FTAI)

Rhea-AI Filing Summary

TUCHMAN MARTIN reported acquisition or exercise transactions in this Form 4 filing.

FTAI Aviation Ltd. director Martin Tuchman reported receiving a grant of 88 Ordinary Shares as compensation for board services. The shares were issued in lieu of cash fees under the FTAI Aviation Ltd. 2025 Omnibus Incentive Award Plan, using a closing share price of $236.10 on March 16, 2026.

After this award, he holds 379,886 Ordinary Shares directly. In addition, a trust associated with him holds 277,991 Ordinary Shares, 800,000 Series C Preferred Shares, and 40,000 Series D Preferred Shares, providing context for his overall equity exposure to the company.

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^*

TUCHMAN MARTIN

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		88	A	$0(1)	379,886	D
Ordinary Shares								277,991	I	By Trust
Series C Preferred Shares								800,000	I	By Trust
Series D Preferred Shares								40,000	I	By Trust

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 ordinary shares issued at the election of the reporting person in lieu of cash fees as compensation for services provided to the issuer in accordance with the FTAI Aviation Ltd. 2025 Omnibus Incentive Award Plan and the additional terms established by resolution of the Board of Directors. The applicable closing share price was $236.10 on March 16, 2026.

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 insider transaction did FTAI (FTAI) director Martin Tuchman report?

Director Martin Tuchman reported receiving 88 Ordinary Shares of FTAI Aviation Ltd. as a stock grant. The award was issued in lieu of cash fees for board service under the 2025 Omnibus Incentive Award Plan at a closing share price of $236.10.

How many FTAI Aviation Ordinary Shares does Martin Tuchman now hold directly?

Following the reported grant, Martin Tuchman holds 379,886 Ordinary Shares of FTAI Aviation Ltd. directly. This figure reflects his post-transaction direct ownership and helps illustrate the scale of the 88-share award relative to his existing position.

How was the 88-share award to FTAI director Martin Tuchman valued?

The 88 Ordinary Shares granted to Martin Tuchman were issued using a closing share price of $236.10 on March 16, 2026. This price, disclosed in the footnote, represents the value used to determine the equity issued instead of cash fees.

What indirect holdings in FTAI Aviation does Martin Tuchman report through a trust?

Through a trust, Martin Tuchman reports indirect ownership of 277,991 Ordinary Shares, 800,000 Series C Preferred Shares, and 40,000 Series D Preferred Shares of FTAI Aviation Ltd. These indirect positions are separate from his direct holdings and broaden his overall exposure.

Is the reported FTAI Form 4 transaction an open-market buy or a compensation grant?

The transaction is a compensation-related grant, not an open-market purchase. Martin Tuchman received 88 Ordinary Shares in lieu of cash fees for services as a director, under the company’s 2025 Omnibus Incentive Award Plan and board-approved terms.