HANNAWAY JUDITH A 4

What Happened Judith A. Hannaway, a director of FTAI Aviation Ltd. (FTAI), reported two transactions: a sale of 255 shares on 2026-05-27 for $253.89 each (total proceeds $64,742), followed by a grant of 552 restricted share units (RSUs) reported on 2026-05-28 with zero purchase price (a compensation award).

Key Details

• Sale: 255 shares disposed on 2026-05-27 at $253.89 per share; total proceeds $64,742. (Transaction code: S)
• Award: 552 RSUs granted on 2026-05-28 at $0.00 reported value (Transaction code: A).
• Vesting note: The RSUs vest in one annual installment beginning May 28, 2026, subject to continued service (footnote F1).
• Shares owned after the transactions: not disclosed in the information provided in this summary.
• Filing: Form 4 was filed on 2026-05-29 covering the 2026-05-27 transaction (appears timely under standard 2‑business‑day reporting rules).

Context The sale generated cash proceeds and is a routine insider sale; the subsequent RSU grant is compensation-related and will convert to shares only if vesting conditions (continued service) are met. Grants (RSUs) are not an immediate purchase signal—vesting and service conditions determine if/when shares become owned.