Form 4: FTAI Infrastructure Inc. Director Ray M. Robinson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Ray M. Robinson of FTAI Infrastructure Inc. reports acquisition of shares as compensation and subsequent holdings.
Summary
- On May 31, 2024, Ray M. Robinson, a director of FTAI Infrastructure Inc., reported a transaction involving the company's common stock.
- Robinson acquired 8,732 shares of common stock as compensation for services provided to the Issuer.
- The shares were issued in accordance with the Issuer's Non-qualified Stock Option and Incentive Award Plan.
- The applicable closing share price on May 30, 2024, was $8.59.
- Following the transaction, Robinson directly owns 96,839 shares of FTAI Infrastructure Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it's a standard regulatory filing. The acquisition of shares by a director is mildly positive, suggesting confidence, but it's not a major event.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- Shareholders may view the director's acquisition of shares as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Applicable closing share price was $8.59. |
| 05/31/2024 | Date of transaction: Ray M. Robinson acquired 8,732 shares. |
| 06/03/2024 | Date of signature by Attorney-in-fact. |
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