STOCK TITAN

Madison Air Solutions Corp (MAIR) awards 19,808 equity appreciation rights to CAO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Madison Air Solutions Corp reported that Chief Accounting Officer David M. Wisniewski received a grant of 19,808 equity appreciation rights units (EAR Units) tied to its Class A common stock on July 15, 2026. Each EAR Unit represents the right to receive one share of Class A common stock upon vesting, contingent on his continued service. Following this award, Wisniewski holds 19,808 EAR Units, all acquired as compensation at no cash cost.

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Insider Wisniewski David M
Role Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Class A common stock 19,808 $0.00 --
Holdings After Transaction: Class A common stock — 19,808 shares (Direct)
Footnotes (1)
  1. Represents 19,808 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. Includes 19,808 EAR Units.
Equity appreciation rights units granted 19,808 units Grant to Chief Accounting Officer on July 15, 2026
Grant price per unit $0.0000 Price per EAR Unit in the compensation award
Holdings after transaction 19,808 units Total EAR Units beneficially owned following the grant
Security type Class A common stock (underlying) Each EAR Unit represents the right to one share upon vesting
equity appreciation rights units financial
"Represents 19,808 equity appreciation rights units ("EAR Units"). Each EAR Unit represents the right"
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 19,808 EAR Units."
vesting financial
"right to receive one share of the Issuer's Class A common stock upon vesting, subject to"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Class A common stock financial
"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.

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

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FAQ

What insider transaction did MAIR disclose for David M. Wisniewski?

Madison Air Solutions Corp disclosed that Chief Accounting Officer David M. Wisniewski received a grant of 19,808 equity appreciation rights units. Each EAR Unit is linked to one share of Class A common stock, deliverable only upon future vesting.

Did the MAIR insider transaction involve an open-market purchase or sale?

No open-market trade occurred. The Form 4 for MAIR shows a compensation grant (code A) of equity appreciation rights to the Chief Accounting Officer at a price of $0.0000 per unit, rather than a market buy or sell.

What are equity appreciation rights units (EAR Units) in the MAIR filing?

In the MAIR filing, equity appreciation rights units are awards where each EAR Unit represents the right to receive one share of Class A common stock upon vesting, subject to the executive’s continued service through the vesting date.

Is the MAIR Chief Accounting Officer’s grant subject to vesting conditions?

Yes. The footnotes state that each of the 19,808 EAR Units granted to the MAIR Chief Accounting Officer becomes deliverable as one share of Class A common stock only upon vesting, conditioned on his continued service through the vesting date.
SEC Form 4
FORM 4UNITED 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*
Wisniewski David M

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A common stock07/15/2026A19,808(1)A$019,808(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents 19,808 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 19,808 EAR Units.
Remarks:
/s/ John Lavorato, by Power of Attorney07/16/2026
** Signature of Reporting PersonDate
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)