4 unchanged sentences
This figure does not reflect the beneficial ownership of stock held in nominee name.
−Removed: On February 29, 2024, our board of directors declared a cash dividend on our common stock of $0.03 per share for the quarter ended December 31, 2023, payable on April 5, 2024 to the holders of record on March 27, 2024.
+Added: On February 27, 2025, our board of directors declared a cash dividend on our common stock of $0.03 per share for the quarter ended December 31, 2024, payable on March 26, 2025 to the holders of record on March 14, 2025.
We may change our dividend policy at any time and no assurances can be given that any future dividends will be paid or, if paid, as to the amounts or timing.
1 unchanged sentence
The declaration and payment of dividends to holders of our common stock will be at the discretion of our board of directors in accordance with applicable law after taking into account various factors, including actual results of operations, liquidity and financial condition, net cash provided by operating activities, restrictions imposed by applicable law, our taxable income, our operating expenses and other factors our board of directors deem relevant.
−Removed: Nonqualified Stock Option and Incentive Award Plan
−Removed: On August 1, 2022, in connection with the spin-off, we established a Nonqualified Stock Option and Incentive Award Plan (“Incentive Plan”) which provides for the ability to award equity compensation awards in the form of stock options, stock appreciation rights, restricted stock, and performance awards to eligible employees, consultants, directors, and other individuals who provide services to us, each as determined by the Compensation Committee of the board of directors.
−Removed: As of December 31, 2023, the Incentive Plan provides for the issuance of up to 30.0 million shares.
−Removed: The following table summarizes the total number of outstanding securities in the Incentive Plan and the number of securities remaining for future issuance, as well as the weighted average strike price of all outstanding securities as of December 31, 2023.
−Removed: Equity Compensation Plan Information
−Removed: Plan category Number of securities to be issued upon exercise of outstanding options, warrants, and rights Weighted-average exercise price of outstanding options, warrants, and rights Number of securities remaining available for future issuance under equity compensation plans (1)
−Removed: Equity compensation plans approved by security holders 16,542,751 $ 2.76 25,177,237
−Removed: Equity compensation plans not approved by security holders — — —
−Removed: Total 16,542,751 25,177,237
−Removed: ______________________________________________________________________________________
−Removed: (1) Excludes 15,000 stock options issued to directors as compensation.
Performance Graph
−Removed: The following graph compares the cumulative total return for our common stock (stock price change plus reinvested dividends) with the comparable return of three indices:
−Removed: S&P Small Cap 400, Dow Jones US Transportation Services, and Alerian MLP.
+Added: The following graph compares the cumulative total return for our common stock (stock price change plus reinvested dividends) with the comparable return of two indices:
+Added: S&P SmallCap 600 and Alerian MLP.
The graph assumes an investment of $100 in our common stock and in each of the indices on August 1, 2022 (the date of the spin-off), and that all dividends were reinvested.
1 unchanged sentence
COMPARISON OF CUMULATIVE TOTAL RETURN*
−Removed: Among FTAI Infrastructure Inc., the S&P SmallCap 600 Index, the Dow Jones US Transportation Services Index and the Alerian MLP Index
+Added: Among FTAI Infrastructure Inc., the S&P SmallCap 600 Index and the Alerian MLP Index
______________________________________________________________________________________
6 unchanged sentences
S&P SmallCap 600 100.00 94.09 109.19 111.88 108.40 119.38 118.69
−Removed: Dow Jones US Transportation Services 100.00 77.74 95.59 106.62 125.14 125.39 125.39
Alerian MLP 100.00 105.77 133.85 152.44 157.55 158.69 166.53
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.