{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-027545","form_type":"8-K","ticker":"FTAI","cik":"0001590364","company_name":"FTAI Aviation Ltd.","filed_at":"2024-05-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.112549+00:00","generated_at":"2026-06-01T08:04:34.050625+00:00","sec_items":["1.01","5.02","1.02","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"FTAI Aviation internalizes management, pays FIG LLC $150M + 1.87M shares; targets $30M annual savings","bullets":["$150M cash + 1,866,949 shares to FIG LLC to terminate management agreement, effective May 28, 2024.","Estimated $30M initial annualized cost savings from internalization; company now internally managed.","CEO Joe Adams ($975K salary) and CFO Angela Nam ($525K) stay; new 3-year employment letters with RSU grants.","Director Kenneth Nicholson resigned, not due to any disagreement.","Transition services from FIG LLC provided until Oct 31, 2024; financial statement support until May 31, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-027545","json":"https://secwatch.observer/filing/0001140361-24-027545.json","markdown":"https://secwatch.observer/filing/0001140361-24-027545.md","text":"https://secwatch.observer/filing/0001140361-24-027545.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590364/000114036124027545/0001140361-24-027545-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590364/000114036124027545/ny20030051x1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T08:04:34.050625+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}