Adams Joseph P. Jr. 4

What Happened

• Joseph P. Adams Jr., CEO, Chairman and a director of FTAI Aviation Ltd. (FTAI), received a grant of 16,351 restricted stock units (RSUs) on February 27, 2026. The grant price is $0.00 (no cash was paid); the immediate reported value is $0 because these are time‑based equity awards rather than open‑market purchases or sales.

Key Details

• Transaction date: 2026-02-27; filing date (SEC Form 4): 2026-03-03 (filed timely).
• Transaction type: Award/Grant (code A) — 16,351 RSUs @ $0.00.
• Vesting: Footnote F1 — RSUs vest in three equal annual installments beginning February 27, 2027, subject to continued employment.
• Shares owned following transaction: not specified in the provided filing details.
• No 10b5-1 plan, tax withholding, or sale reported in this filing.

Context

• RSU grants are a common form of executive compensation and do not represent an open‑market purchase (which some investors view as a stronger bullish signal) nor an immediate sale. These units only convert to actual shares as they vest subject to employment conditions, so they do not increase sellable share count today.