Hamilton James L. 4
Research Summary
AI-generated summary
FTAI Infrastructure Director James L. Hamilton Receives 1,010-Share Award
What Happened James L. Hamilton, a director of FTAI Infrastructure Inc. (FIP), was granted 1,010 shares as an award/compensation on June 29, 2026. The shares were issued at $0.00 to Mr. Hamilton (transaction code A). Using the issuer's reported closing price of $4.95 on June 26, 2026, the award is worth approximately $4,999.50.
Key Details
- Transaction date: 2026-06-29; transaction type: Award/Grant (code A); acquisition price reported: $0.00 per share.
- Market reference: closing share price $4.95 on 2026-06-26 → implied value ≈ $4,999.50.
- Shares received: 1,010.
- Shares owned after transaction: Not reported in the data provided.
- Footnote: Shares were issued as compensation under the Issuer's Non‑qualified Stock Option and Incentive Award Plan and additional terms set by the Board (per footnote F1).
- Filing timeliness: Reported and filed for the same reporting date (2026-06-29), indicating a timely Form 4 filing.
Context This was an equity award made as compensation to a director, not an open‑market purchase or a sale. Such awards are common for board compensation and do not by themselves signal buy/sell intent; the filing does not specify vesting or restrictions.