Shikiar Asset Management (FTAI) reports 162,680 Series D preferred shares

Rhea-AI Filing Summary

Shikiar Asset Management, Inc. reports beneficial ownership of 162,680 Series D Cumulative Perpetual Preferred Shares (CUSIP EP0602912), representing 6.3% of that class as of 03/31/2026. The filing lists sole voting and dispositive power over all 162,680 shares. The form is signed by CEO Stuart Shikiar on 04/27/2026.

Insights

Corporate Governance Analyst

Passive holder reports a mid-single-digit stake in Series D preferred.

Shikiar Asset Management discloses ownership of 162,680 Series D preferred shares, equal to 6.3% of that class as of 03/31/2026. The filing notes sole voting and sole dispositive power over the position.

Because this is a Schedule 13G disclosure, it reads as a reported passive ownership stake rather than an active change in control; subsequent filings would show any change in status or additional purchases.

Key Figures

Beneficially owned: 162,680 shares Percent of class: 6.3% CUSIP: EP0602912 +3 more

6 metrics

Beneficially owned 162,680 shares Series D Cumulative Perpetual Preferred Shares

Percent of class 6.3% as of 03/31/2026

CUSIP EP0602912 Series D Cumulative Perpetual Preferred Shares

Sole voting power 162,680 shares reported in Item 4(c)(i)

Sole dispositive power 162,680 shares reported in Item 4(c)(iii)

Signature date 04/27/2026 signed by Stuart Shikiar, CEO

Key Terms

Schedule 13G, Beneficial ownership, CUSIP, Sole dispositive power

4 terms

Schedule 13G regulatory

"Item 1. Name of issuer: FTAI Aviation Ltd."

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Beneficial ownership financial

"Item 4. Ownership (a) Amount beneficially owned: 162680"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

CUSIP regulatory

"Item 2(e) CUSIP Number(s): EP0602912"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

Sole dispositive power financial

"Item 4(c)(iii) Sole power to dispose: 162680"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

FTAI Aviation Ltd.

(Name of Issuer)

Series D Cumulative Perpetual Preferred Shares

(Title of Class of Securities)

EP0602912

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): EP0602912

1

Names of Reporting Persons

SHIKIAR ASSET MANAGEMENT INC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 162,680.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 162,680.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

162,680.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: FTAI Aviation Ltd.
(b)	Address of issuer's principal executive offices: 405 WEST 13TH STREET, 3RD FLOOR, NEW YORK, NEW YORK, 10014
Item 2.
(a)	Name of person filing: Shikiar Asset Management, Inc.
(b)	Address or principal business office or, if none, residence: 1350 AVENUE OF THE AMERICAS, STE.1608, NEW YORK, NY 10019
(c)	Citizenship: USA
(d)	Title of class of securities: Series D Cumulative Perpetual Preferred Shares
(e)	CUSIP Number(s): EP0602912
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 162680
(b)	Percent of class: 6.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 162680
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 162680
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

SHIKIAR ASSET MANAGEMENT INC

Signature:	Stuart Shikiar
Name/Title:	CEO
Date:	04/27/2026

FAQ

What stake does Shikiar Asset Management hold in FTAI (FTAI)?

Shikiar Asset Management holds 162,680 Series D preferred shares, representing 6.3% of that class as of 03/31/2026. The filing lists sole voting and dispositive power over all reported shares.

Which security is reported in the Schedule 13G for FTAI?

The filing covers Series D Cumulative Perpetual Preferred Shares with CUSIP EP0602912. The filing identifies the class and CUSIP in Item 2(d) and Item 2(e).

Who signed the Schedule 13G for Shikiar Asset Management on behalf of the filer?

The Schedule 13G is signed by Stuart Shikiar in his capacity as CEO. The signature line shows the date 04/27/2026.

Does the filing indicate shared voting or dispositive power for the reported shares?

No. The filing reports sole voting power of 162,680 shares and sole dispositive power of 162,680, with 0 shared voting or dispositive power entries.

What address is listed for Shikiar Asset Management in the filing?

The filer’s address is listed as 1350 Avenue of the Americas, Ste.1608, New York, NY 10019 in Item 2(b).