ROBINSON RAY M 4
Research Summary
AI-generated summary
FTAI Aviation Director Ray Robinson Receives 119-Share Award
What Happened
Ray M. Robinson, a director of FTAI Aviation Ltd. (FTAI), was granted 119 ordinary shares on June 15, 2026. The Form 4 reports the shares were issued as an award (transaction code A) at $0.00 per share (i.e., no cash paid). Using the applicable closing price of $241.96 on June 12, 2026 (per the filing), the grant is worth approximately $28,793.
Key Details
- Transaction date: 2026-06-15; reported on Form 4 filed 2026-06-15.
- Transaction type/code: Award/Grant (A); 119 shares acquired at $0.00.
- Estimated value: 119 × $241.96 = $28,793.24 (closing price quoted in footnote).
- Shares owned after the transaction: not disclosed in the 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 (per Board resolution).
- Timeliness: Filing date matches report date — not indicated as late.
Context
This was a director compensation award issued in lieu of cash fees, a common form of non-cash compensation for board service. Such routine grants are not direct purchases or sales and should be interpreted as compensation rather than an explicit buy/sell signal.