Form 4: FTAI Infrastructure Director Hannaway Exercises Stock Options and Disposes of Shares
SEC Form 4 Filing
Director Judith A. Hannaway exercised stock options and disposed of shares of FTAI Infrastructure Inc. on August 13, 2024.
Summary
- On August 13, 2024, Judith A. Hannaway, a director of FTAI Infrastructure Inc., exercised stock options to acquire 5,000 shares at $2.44 and 5,000 shares at $2.6.
- Following these transactions, Hannaway directly owns 10,691 shares of common stock.
- 2,811 shares were disposed of at $8.96 to satisfy the exercise price of the options.
- The exercised options are fully vested.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock option exercises and share disposals, indicating a neutral sentiment.
Industry Context
This filing reflects routine transactions by a company insider and provides insight into their holdings and option exercises, which is typical for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Date of earliest transaction: Exercise of stock options and disposal of shares. |
| 08/14/2024 | Date of signature on the Form 4 filing. |
| 01/09/2028 | Expiration date for one set of stock options. |
| 10/31/2032 | Expiration date for one set of stock options. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.