Form 4: FTAI Infrastructure Director Acquires Shares as Compensation
SEC Form 4 Filing
Judith A. Hannaway, a director at FTAI Infrastructure Inc., acquired 1,336 shares of common stock as compensation for services.
Summary
- Judith A. Hannaway, a director of FTAI Infrastructure Inc., acquired 1,336 shares of common stock on January 7, 2025.
- The shares were issued as compensation for services provided to the company.
- The acquisition was made in accordance with the company's Non-qualified Stock Option and Incentive Award Plan.
- The closing share price on January 6, 2025, was $7.49.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns director interests with shareholders.
Positives
- The acquisition of shares by a director demonstrates alignment of interests with shareholders.
- The compensation structure incentivizes directors to contribute to the company's success.
Industry Context
This is a routine filing related to director compensation and is common practice for publicly traded companies.
Comparison to Industry Standards
- Stock-based compensation for directors is a common practice across publicly listed companies.
- The number of shares granted is likely determined by the company's compensation policy and the director's role and responsibilities.
- Similar filings are regularly made by directors and officers of other companies, such as those in the S&P 500, when they receive stock grants or exercise options.
Stakeholder Impact
- The share acquisition by a director may have a minor positive impact on shareholder confidence.
- The compensation structure aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/06/2025 | Closing share price of $7.49. |
| 01/07/2025 | Date of share acquisition by director Judith A. Hannaway. |
Keywords
FTAI Infrastructure, director, share acquisition, compensation, stock, insider trading, Form 4
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