This is a routine initial filing following the IPO; no immediate transactional impact. Monitor future Form 4 filings for actual grants, vesting, or sales. The power of attorney simplifies compliance but does not imply imminent trading activity.
Price Chart
Executive Summary
Russell Toney, Group President of Air Handling at Madison Air Solutions Corp, filed a Form 3 to report initial beneficial ownership of 376,887 shares underlying equity appreciation rights units (EAR Units) and granted a power of attorney to John Lavorato, Jill Wyant, and JJ Foley to handle Section 16 reporting obligations on his behalf.
Key Facts
- Russell Toney is Group President of Air Handling at MAIR
- Filed Form 3 on April 16, 2026, reporting initial beneficial ownership
- Reports 376,887 EAR Units, each convertible into one share of Class A common stock upon vesting
- EAR Units are subject to continued service through vesting dates
- Ownership reflects post-IPO capital structure
- Toney granted power of attorney to John Lavorato, Jill Wyant, and JJ Foley to file Forms 3, 4, and 5 on his behalf
Financial Impact
376,887 shares underlying EAR Units, value based on current stock price but not immediately dilutive
Risk Factors
- Potential future dilution if EAR Units vest and are settled in shares
- Insider concentration risk if additional executives hold similar unreported awards
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 3 Filing (Primary) | 0001193125-26-159426 |
| Document: 0001193125-26-159426-index-headers.html | 0001193125-26-159426 |
| Document: 0001193125-26-159426-index.html | 0001193125-26-159426 |
| Document: 0001193125-26-159426.txt | 0001193125-26-159426 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | Press Release | $23.08 $22.76 | ▼ −1.39% | ▼ −0.86% | $22.92 (−0.69%) |
Oct 12, 2026 15d ago | Institutional Cluster | $23.29 $24.08 | ▲ +3.39% | ▲ +3.40% | $22.92 (−1.59%) |
Aug 27, 2026 8w ago | Insider Cluster | $26.33 $26.40 | ▲ +0.27% | ▲ +0.56% | $22.92 (−12.95%) |
Aug 25, 2026 9w ago | 8-K | $27.99 $28.51 | ▲ +1.86% | ▲ +1.84% | $22.92 (−18.11%) |
Aug 17, 2026 10w ago | 8-K | $29.57 $27.44 | ▼ −7.20% | ▼ −6.53% | $22.92 (−22.49%) |
Jul 30, 2026 12w ago | 8-K | $29.14 $29.06 | ▼ −0.27% | ▼ −0.98% | $22.92 (−21.35%) |
Jun 18, 2026 18w ago | 3 | $38.13 $38.56 | ▲ +1.13% | ▲ +1.44% | $22.92 (−39.89%) |
Jun 16, 2026 19w ago | 8-K | $38.15 $37.44 | ▼ −1.86% | ▼ −0.61% | $22.92 (−39.92%) |
Jun 5, 2026 20w ago | 8-K | $40.14 $39.59 | ▼ −1.37% | ▼ −1.60% | $22.92 (−42.90%) |
May 29, 2026 21w ago | Press Release | $43.47 $43.86 | ▲ +0.90% | ▲ +0.62% | $22.92 (−47.27%) |
US Market Status
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