HANNAWAY JUDITH A 4

What Happened
Judith A. Hannaway, a director of FTAI Aviation Ltd. (FTAI), was issued 67 ordinary shares as an award/compensation on March 16, 2026. The Form 4 reports the acquisition price as $0.00 (grant/award), and the filing notes the applicable closing share price was $236.10 on March 16, 2026—giving the issuance an approximate market value of $15,818.70. This was an award in lieu of cash fees under the company's 2025 Omnibus Incentive Award Plan, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-16; Form 4 filed 2026-03-17 (timely filing).
• Reported acquisition: 67 shares at $0.00 per share (award/compensation).
• Approximate market value at issuance: 67 × $236.10 = $15,818.70 (per footnote).
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: Shares were issued at the reporting person’s election in lieu of cash fees under the FTAI Aviation Ltd. 2025 Omnibus Incentive Award Plan (see F1).
• No indication of a 10b5-1 plan, tax withholding sale, or late filing in this report.

Context: This was a compensation award to a board member (routine corporate governance/compensation activity) rather than a purchase or sale of shares. Awards made in lieu of cash are common and do not by themselves indicate insider buying or selling intent.