Madison Air Solutions (MAIR) CEO holds 3,733,549 Class A shares

Rhea-AI Filing Summary

Madison Air Solutions Corp Chief Executive Officer Jill S. Wyant filed an initial ownership report showing direct holdings of 3,733,549 shares of Class A common stock. This total includes 2,609,838 equity appreciation rights units, each representing the right to receive one Class A share upon vesting, subject to her continued service and giving effect to the closing of the company’s initial public offering. The filing reflects ownership rather than any recent share purchases or sales.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wyant Jill S

Role Chief Executive Officer

Type	Security	Shares	Price	Value
holding	Class A common stock	--	--	--

Holdings After Transaction: Class A common stock — 3,733,549 shares (Direct)

Footnotes (1)

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Key Figures

Direct Class A holdings: 3,733,549 shares Equity appreciation rights units: 2,609,838 units

2 metrics

Direct Class A holdings 3,733,549 shares Total Class A common stock directly owned by CEO Jill S. Wyant

Equity appreciation rights units 2,609,838 units Each EAR Unit represents the right to receive one Class A share upon vesting

Key Terms

equity appreciation rights units, initial public offering, Class A common stock

3 terms

equity appreciation rights units financial

"Includes 2,609,838 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.

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.

Class A common stock financial

"Each EAR Unit represents the right to receive 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.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Wyant Jill S

(Last) (First) (Middle)

C/O MADISON AIR SOLUTIONS CORPORATION

444 WEST LAKE STREET, SUITE 4460

(Street)

CHICAGO ILLINOIS 60606

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/16/2026

3. Issuer Name and Ticker or Trading Symbol
Madison Air Solutions Corp [ MAIR ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A common stock	3,733,549(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 2,609,838 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.

Remarks:

Exhibit 24.1 Power of Attorney

	/s/ John Lavorato, by Power of Attorney	04/16/2026
	** 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 5 (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.
* Form 3: SEC 1473 (03-26)

FAQ

How many Madison Air Solutions (MAIR) shares does CEO Jill Wyant report on Form 3?

CEO Jill S. Wyant reports direct ownership of 3,733,549 shares of Madison Air Solutions Class A common stock. This figure reflects her position as disclosed in her initial ownership filing and incorporates the impact of the company’s initial public offering.

What are the equity appreciation rights units reported by MAIR’s CEO?

Jill S. Wyant’s filing notes 2,609,838 equity appreciation rights units, or EAR Units. Each EAR Unit represents a right to receive one share of Class A common stock upon vesting, contingent on her continued service through the applicable vesting dates.

Does the MAIR Form 3 show any recent share purchases or sales by the CEO?

The Form 3 for Madison Air Solutions CEO Jill S. Wyant is an initial ownership statement and does not report any specific share purchases or sales. It primarily discloses her overall direct holdings and equity appreciation rights following the company’s initial public offering.

Are Jill Wyant’s Madison Air Solutions holdings direct or indirect?

Jill S. Wyant’s reported 3,733,549 Class A common shares are categorized as directly owned. The filing does not describe any indirect ownership entities and instead shows a direct ownership type associated with her position as Chief Executive Officer and director.

How do the EAR Units affect Jill Wyant’s potential MAIR share ownership?

The 2,609,838 equity appreciation rights units could convert into the same number of Class A shares upon vesting. Each unit represents a one-for-one right, but actual receipt of shares depends on Jill S. Wyant’s continued service through each applicable vesting date.