4Accepted Sep 17, 4:15 PM ET
FTAI Aviation Director Gidumal Shyam Receives 125-Share Award
Accepted (ET)
4:15 PM
Sep 17, 2026
Filed
Sep 17, 2026
Documents
1
Size
5.3 KB
Summary
FTAI Aviation Director Gidumal Shyam Receives 125-Share Award
What Happened
- Gidumal Shyam H, a director of FTAI Aviation Ltd. (FTAI), was issued 125 ordinary shares on September 15, 2026 as an award/compensation (transaction code A). The Form 4 reports an acquisition price of $0.00 because the shares were issued in lieu of cash fees. Using the closing share price of $176.00 on September 14, 2026 (footnote), the grant has an approximate market value of $22,000.
Key Details
- Transaction date: 2026-09-15 (reported on Form 4 filed 2026-09-17)
- Reported acquisition price: $0.00 (award/grant)
- Approximate market value at recent close: 125 × $176.00 = $22,000 (per footnote)
- Shares owned after transaction: Not specified in the provided filing
- Footnote: Shares issued at the director's election in lieu of cash fees under the FTAI Aviation Ltd. 2025 Omnibus Incentive Award Plan (Footnote F1)
- Filing timeliness: Filed two days after the transaction date (appears timely under SEC reporting rules); no late filing flag indicated
Context
- This was a compensation grant (shares issued in lieu of cash), not an open-market purchase or sale—such awards are routine forms of director compensation and don’t necessarily signal personal bullish or bearish trading intent. No immediate sale, tax-withholding, or other disposition was reported in the filing.