Adams Joseph P. Jr. 4

What Happened
Joseph P. Adams Jr., CEO and Chairman of FTAI Aviation Ltd. (FTAI), had 10,783 shares withheld by the issuer to satisfy tax withholding upon the vesting of restricted stock units. The withholding is reported as a disposition at $262.78 per share, totaling approximately $2,833,557. This is a tax-withholding event (code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-28; filing date: 2026-05-29 (timely file).
• Price used for withholding: $262.78 per share.
• Shares withheld/disposed: 10,783; total value ≈ $2,833,557.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: No shares were sold on the open market — the shares were surrendered/withheld by the issuer to cover tax withholding on vested RSUs (Footnote F1).
• Transaction code: F (tax withholding).

Context
Tax-withholding share withholdings upon RSU vesting are common and routine for executives; they do not indicate a market sale or necessarily reflect the insider's view of the company's stock. This was not an option exercise for immediate sale (a cashless exercise); it was simply a withholding to satisfy tax obligations at vesting.