Madison Air (MAIR) Leah Larson Withholds 20,518 Shares for Taxes

What Happened Leah Larson, Group President – Air Movement & Heat at Madison Air Solutions (MAIR), had 20,518 shares of Class A common stock withheld on 2026-08-21 to satisfy tax withholding obligations tied to the vesting of EAR Units. The shares were valued at $26.25 each, totaling $538,598. This was a tax-withholding disposal (code F), not an open-market sale or purchase.

Key Details

• Transaction date and price: 2026-08-21 at $26.25 per share.
• Shares withheld/disposed: 20,518 shares; total value $538,598.
• Reason: Shares were withheld to satisfy the reporting person's tax obligation upon vesting of 44,076 EAR Units (each EAR Unit converts to one share upon vesting). (Footnote F1)
• Holdings note: Filing also references 157,773 EAR Units included in the reporting person’s holdings. (Footnote F2)
• Filing: Report filed 2026-08-25; filing appears to be timely (within the SEC’s two business-day Form 4 deadline).
• Transaction code: F — tax withholding (share surrender to cover tax liability).

Context This was a routine "sell-to-cover" style transaction where vested equity units triggered a tax obligation and the company withheld shares to satisfy that obligation. Such withholdings are administrative and do not necessarily indicate the insider’s view on the company’s stock.