John Joseph V Foley, Chief Financial Officer of Madison Air Solutions Corp, filed a Form 4 on October 28, 2026, disclosing a tax-withholding disposition of Class A common stock on October 27, 2026, connected to the vesting of EAR Units.

Key Highlights

  • Reporting person: John Joseph V Foley, Chief Financial Officer of Madison Air Solutions Corp (NYSE:MAIR)
  • Transaction: 42,288 shares of Class A common stock disposed of (transaction code F) on October 27, 2026, to satisfy tax obligations upon vesting
  • Price per share: $22.92
  • Vesting event: 92,431 EAR Units vested, each representing the right to receive one share of Class A common stock upon vesting
  • Beneficial ownership following transaction: 1,599,498 shares of Class A common stock held directly, including 414,106 EAR Units
  • Signing: Filed by John Lavorato, by Power of Attorney, on October 28, 2026

Madison Air Solutions CFO Foley's EAR Unit Vesting and Tax Withholding Details

According to the Form 4 filed with the SEC on October 28, 2026, John Joseph V Foley, serving as Chief Financial Officer of Madison Air Solutions Corp, reported a single transaction in Table I involving Class A common stock. On October 27, 2026, 42,288 shares were withheld at a price of $22.92 per share to cover Foley's tax obligation arising from the vesting of 92,431 EAR Units. The filing assigns transaction code F to this disposition, indicating shares withheld by the issuer for tax purposes rather than an open-market sale.

The filing explains, per footnote 1, that each EAR Unit "represents the right to receive one share of Class A common stock upon vesting, subject to continued service through the applicable vesting date." The 42,288 shares withheld represent a portion of the 92,431 EAR Units that vested on that date.

Following the reported transaction, Foley's direct beneficial ownership stands at 1,599,498 shares of Class A common stock, which, according to footnote 2, includes 414,106 EAR Units. No derivative securities transactions were reported in Table II. The form was signed by John Lavorato acting under a Power of Attorney on October 28, 2026.

What Was Disclosed

The filing discloses a tax-withholding disposition of 42,288 Class A common shares at $22.92 per share by CFO John Joseph V Foley upon the vesting of 92,431 EAR Units, with resulting direct beneficial ownership of 1,599,498 shares, including 414,106 EAR Units.