Kenneth J. Nicholson - 20 Aug 2025 Form 4 Insider Report for FTAI Infrastructure Inc. (FIP)

Reporting relationship: CEO and President
Issuer ticker: FIP
Reported as of: 20 Aug 2025
Net transaction value: +$2,706,523
SEC form: 4
Accepted by SEC: 21 Aug 2025, 16:17:12 UTC
Prior SEC filing: 22 May 2025
Source filing: View source filing
Reporting owner signature: /s/ Kevin Krieger, as Attorney-in-fact

Key filing fact

Kenneth J. Nicholson filed Form 4 for FTAI Infrastructure Inc. (FIP) on 21 Aug 2025.

Key facts

This page summarizes Kenneth J. Nicholson's Form 4 filing for FTAI Infrastructure Inc. (FIP).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 21 Aug 2025, 16:17.

Change

Previous filing in this sequence was filed on 22 May 2025.
Current net transaction value: +$2,706,523.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001672945 Primary reporting owner

Nicholson Kenneth J.

Relationship: CEO and President
Address: 1345 AVENUE OF THE AMERICAS 45TH FLOOR, NEW YORK
Signature: /s/ Kevin Krieger, as Attorney-in-fact
Signature date: 21 Aug 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FIP transaction

Common Stock, par value $0.01 per share

Options Exercise

Transaction value: $2,706,523
Shares: +1,086,957
Change %: +100%
Price: $2.49
Shares after: 2,175,539
Date: 20 Aug 2025
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FIP transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -1,086,957
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 20 Aug 2025
Ownership: Direct
Underlying class: Common Stock, par value $0.01 per share
Underlying amount: 1,086,957
Exercise price: $2.49
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Tandem awards correspond on a one-to-one basis with options granted to FIG LLC, the Company's manager (or an affiliate of the Company's manager), such that exercise by an employee of the tandem award would result in the corresponding option held by the manager being cancelled. Upon the grant of options to the manager (or an affiliate), such options are fully vested and become exercisable over a 30-month period (the "Total Exercisability Period") in monthly installments beginning on the first of each month following the month in which the options were granted.

Footnote F2

When tandem awards are granted with respect to manager options, the manager options become exercisable in monthly installments over a portion of the Total Exercisability Period equal to the product of (i) the ratio of tandem awards to the total number of related options (including options underlying such tandem awards) multiplied by (ii) 30 (such period, the "Manager Exercisability Period"). Following the Manager Exercisability Period, the tandem awards vest in monthly installments on the first of each month over the remainder of the Total Exercisability Period and become exercisable only at the end of the Total Exercisability Period.

Footnote F3

Represents the expiration date of the related manager option. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option.