Madison Air officer reports 34,899 rights units
Madison Air Solutions Corp officer Kenning Michael reported initial holdings of 34,899 equity appreciation rights units (EAR Units).
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Form Type
3
Rhea-AI Filing Summary
Madison Air Solutions Corp officer Kenning Michael reported initial holdings of 34,899 equity appreciation rights units (EAR Units). Each EAR Unit represents the right to receive one share of the company’s Class A common stock upon vesting, conditioned on his continued service. The reported amount reflects the impact of Madison Air Solutions Corp’s initial public offering and represents his direct beneficial interest; it does not reflect any open-market buying or selling activity.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kenning Michael
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A common stock | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 34,899 shares (Direct)
Footnotes (1)
- F1. Includes 34,899 equity appreciation rights units ("EAR Units"). Each EAR Unit represents the right to receive one share of the Issuer's Class A common stock upon vesting, subject to the reporting person's continued service through the applicable vesting date. The reported amount gives effect to the closing of the Issuer's initial public offering.
Key Figures
Equity appreciation rights units: 34,899 units
Potential Class A shares: 34,899 shares
Reporting date: 2026-04-16
3 metrics
Equity appreciation rights units
34,899 units
Reported as initial beneficial holdings giving effect to IPO
Potential Class A shares
34,899 shares
Each EAR Unit represents one share upon vesting
Reporting date
2026-04-16
Date of reported holdings entry for Class A common stock
Key Terms
equity appreciation rights units, Class A common stock, initial public offering
3 terms
equity appreciation rights units financial
"Includes 34,899 equity appreciation rights units ("EAR Units")."
A bundle of rights that gives the holder a claim to the increase in a company’s share price over a set period, payable in cash, shares, or a mix of both. Think of it like a ticket that pays out only if the stock goes up: it rewards recipients for generating share-price gains but can dilute existing shareholders if settled in stock or reduce company cash if paid in cash, so investors watch these grants for their impact on ownership and earnings.
Class A common stock financial
"one share of the Issuer's Class A common stock upon vesting"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
initial public offering financial
"The reported amount gives effect to the closing of the Issuer's initial public offering."
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Kenning Michael report in his Form 3 for MAIR?
Kenning Michael reported beneficial ownership of 34,899 equity appreciation rights units for Madison Air Solutions Corp. Each unit can convert into one share of Class A common stock upon vesting, providing a potential future equity stake tied to his continued service.
How many Madison Air Solutions (MAIR) units does Kenning Michael hold?
He holds 34,899 equity appreciation rights units. These units give him the right to receive 34,899 shares of Madison Air Solutions Corp’s Class A common stock if they vest, aligning his compensation with the company’s equity over time.
What are equity appreciation rights units in the MAIR Form 3?
Equity appreciation rights units give the holder the right to receive shares in the future. In this case, each of the 34,899 EAR Units entitles Kenning Michael to one Class A common share of Madison Air Solutions Corp when the units vest, subject to employment conditions.
Does the MAIR Form 3 show any insider buying or selling by Kenning Michael?
The Form 3 does not show open-market buying or selling. It reports 34,899 equity appreciation rights units that can convert into Class A common stock upon vesting, reflecting his initial beneficial ownership position rather than recent trades.
How is Madison Air Solutions’ IPO referenced in Kenning Michael’s Form 3?
The filing states that the reported 34,899 equity appreciation rights units give effect to the closing of Madison Air Solutions Corp’s initial public offering, meaning his reported position reflects the company’s new public structure after that event.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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