Foley John Joseph V, the Chief Financial Officer of Madison Air Solutions Corp, recently reported a transaction involving the acquisition of 42,288 shares of Class A common stock. This transaction, filed on October 28, 2026, is significant as it underscores the ongoing financial activities and management strategies within the company.
Background
Madison Air Solutions Corp operates in the industrial and commercial fans and blowers sector. The company is incorporated in Delaware and is based in Chicago, Illinois. It trades under the symbol MAIR. The recent filing history includes a Form 4 filed on June 23, 2026, and a Form 3 filed on April 16, 2026.
What the Filing Says
According to the filing, Foley John Joseph V acquired 42,288 shares of Class A common stock on October 27, 2026, at a price of $22.92 per share. The filing notes, "Represents shares of the Issuer's Class A common stock withheld to satisfy the reporting person's tax obligation upon the vesting of 92,431 EAR Units." Following this transaction, he now owns a total of 1,599,498 shares, which includes 414,106 EAR Units.
Impact
This transaction may affect stakeholders within Madison Air Solutions Corp, including employees, investors, and analysts monitoring the company's financial health. The acquisition of shares by a key officer like the CFO can signal confidence in the company's future performance.
What's Next
The filing does not say what happens next.
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