FTAI Aviation Director Paul R. Goodwin Receives Award of 171 Shares

What Happened
Paul R. Goodwin, a director of FTAI Aviation Ltd. (FTAI), was issued 171 ordinary shares on 2026-09-15 as an award/compensation (transaction code A). The shares were issued at $0.00 to Mr. Goodwin (acquisition price reported as $0) in lieu of cash fees under the FTAI Aviation Ltd. 2025 Omnibus Incentive Award Plan. Using the applicable closing price of $176.00 on September 14, 2026 (footnote), the shares have an estimated market value of approximately $30,096.

Key Details

• Transaction date: 2026-09-15; filing date: 2026-09-17 (filed two days after the transaction).
• Reported transaction: 171 shares issued at $0.00 (code A — award/grant).
• Estimated market value: 171 × $176.00 = ~$30,096 (based on the Sep 14, 2026 close price per footnote).
• Shares owned after the transaction: Not disclosed in this filing.
• Footnote: Shares issued at the reporting person’s election in lieu of cash fees under the 2025 Omnibus Incentive Award Plan.
• Timeliness: Filing appears timely (no late filing flag in the report).

Context
This was a compensation issuance (award in lieu of cash) rather than an open-market purchase or sale. Such grants are routine for directors receiving board fees and do not necessarily signal a personal market bet. For investors, purchases or sales can be more informative about insider sentiment; awards mainly reflect compensation policy and result in modest dilution.