Fletcher Carl Russell IV 4
Research Summary
AI-generated summary
FTAI Infrastructure (FIP) CFO Fletcher Russell Buys 10,000 Shares
What Happened Fletcher Carl Russell IV, who serves as CFO and CAO of FTAI Infrastructure Inc. (ticker: FIP), reported a purchase of 10,000 shares on 2026-05-28. The transaction was executed at $4.58 per share for a total cost of $45,800. This was a purchase (code "P" on the Form 4), which is a direct buy of stock rather than a sale or option exercise.
Key Details
- Transaction date: 2026-05-28
- Transaction type/code: Purchase (P) — listed as "Open market or private purchase"
- Price per share: $4.58; Total value: $45,800
- Shares owned after transaction: Not specified in the provided filing excerpt
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes noted in the supplied data
- Filing timeliness: Form filed with the SEC on 2026-05-28 for a 2026-05-28 transaction (no late-filing indication in the supplied data)
Context Purchases by executives can be seen as a stronger signal than sales because they require cash outlay; however, this is a modest-sized purchase. There was no option exercise, award, or gift reported in this transaction. For full ownership details or any additional footnotes, consult the complete Form 4 filing (Accession: 0001899883-26-000027).