Nicholas McAleese's Ordinary Shares Transaction

On March 16, 2026, Nicholas McAleese, Chief Financial Officer of FTAI Aviation Ltd., acquired 5,083 ordinary shares through a restricted stock unit grant. These shares vest in three equal annual installments starting February 27, 2027, contingent upon continued employment. Following this transaction, McAleese holds 5,749 ordinary shares directly. The reported value of the transaction is $0, as it represents a stock grant rather than a purchase. This filing is Form 4, indicating a change in beneficial ownership.