MAIR director granted 5,711 equity rights units

La Force Andrew Hudson III reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

La Force Andrew Hudson III reported acquisition or exercise transactions in this Form 4 filing.

Madison Air Solutions Corp director La Force Andrew Hudson III received an equity-based award. On June 25, 2026, he was granted 5,711 equity appreciation rights units (EAR Units), each representing the right to receive one share of Class A common stock upon vesting, for no cash price.

After this award, he holds 16,713 EAR Units directly. This is a compensation-related grant, not an open‑market stock purchase or sale, and simply increases his potential future equity ownership if the units vest while he remains in service.

Insider Trade Summary

Grant/Award: 5,711 shares

Grant/Award 1 txn

Insider La Force Andrew Hudson III

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A common stock	5,711	$0.00	$0.00

Holdings After Transaction: Class A common stock — 16,713 shares (Direct)

Footnotes (2)

1. F1. Represents 5,711 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.
2. F2. Includes 16,713 EAR Units.

Key Figures

EAR Units granted: 5,711 units Total EAR Units after grant: 16,713 units Grant price per unit: $0.00 per unit +1 more

4 metrics

EAR Units granted 5,711 units Equity appreciation rights grant on June 25, 2026

Total EAR Units after grant 16,713 units Director’s direct holdings following transaction

Grant price per unit $0.00 per unit Equity-based compensation, not a market purchase

Security type Class A common stock (via EAR Units) Underlying security for equity appreciation rights

Key Terms

equity appreciation rights units, EAR Units, Class A common stock, Form 4

4 terms

equity appreciation rights units financial

"Represents 5,711 equity appreciation rights units ("EAR Units"). Each EAR Unit represents the right to receive one share"

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.

EAR Units financial

"Includes 16,713 EAR Units."

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Madison Air Solutions (MAIR) report on this Form 4?

Madison Air Solutions reported that director La Force Andrew Hudson III received 5,711 equity appreciation rights units. These EAR Units are a stock-based compensation award, not a market trade, and increase his potential future Class A common stock ownership upon vesting.

How many equity appreciation rights units did the MAIR director receive?

The director received 5,711 equity appreciation rights units. Each EAR Unit represents the right to receive one share of Madison Air Solutions’ Class A common stock upon vesting, contingent on his continued service through the applicable vesting date.

What are EAR Units in the Madison Air Solutions (MAIR) Form 4 filing?

EAR Units, or equity appreciation rights units, each represent the right to receive one share of MAIR Class A common stock upon vesting. Vesting is subject to the reporting person’s continued service through the applicable vesting date, making them a form of equity compensation.

How many Madison Air Solutions EAR Units does the director hold after this grant?

Following the reported grant, the director holds 16,713 EAR Units. This total includes the newly granted 5,711 units and reflects his entire direct equity appreciation rights position as disclosed in the Form 4 filing footnote.

Did the Madison Air Solutions (MAIR) director buy or sell stock in the market?

The filing shows no open-market buy or sell. Instead, the director acquired 5,711 EAR Units as a grant with a stated price of $0.00 per unit, indicating compensation rather than a discretionary stock market transaction.

What does this MAIR Form 4 mean for existing shareholders?

This Form 4 reflects a routine equity compensation grant of 5,711 EAR Units to a director. It does not involve cash changing hands or immediate share issuance, but it increases potential future Class A common stock delivery if the units vest.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/29/2026 - 03:35 PM EDT Learn about SEC filing dates

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^*

La Force Andrew Hudson III

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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
Class A common stock	06/25/2026		A		5,711(1)	A	$0	16,713(2)	D

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. Represents 5,711 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.

2. Includes 16,713 EAR Units.

Remarks:

	/s/ John Lavorato, by Power of Attorney	06/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)