Martin Tuchman has filed 63 Form 4 transactions across two companies, with a clear sell-heavy bias in dollar terms. His total open-market sales reached $61.63 million, concentrated entirely in FTAI Aviation (FTAI), while his open-market purchases totaled $4.94 million, all in the bank stock BPRN. The selling pattern is recent and large: on May 1, 2026, he sold $34.81 million of FTAI, followed by two more sales on May 4 totaling $26.72 million. Those three transactions account for nearly all of his selling activity and came after a series of FTAI grants (code A) with zero dollar value, which are compensation awards rather than purchases.
His buying side is more granular and spread across late 2025 and mid-2026. Between November 4 and November 20, 2025, Tuchman made nine open-market purchases of BPRN, ranging from $97.80 to $164,997.50. A tenth purchase came on August 12, 2026, at $452,730.25, the largest single buy in the dataset. The BPRN activity also includes several code I transactions, which are not open-market buys or sells but internal transfers or conversions, and one code M option exercise in January 2026 with no cash value.
The recent direction is mixed but readable. In the last 13 trades with a clear buy or sell code, he made 10 purchases and 3 sales. The sales are massive, the purchases are modest. The FTAI position is being reduced at scale, while BPRN is being accumulated in smaller increments. There is no recent FTAI buying at all; the only FTAI entries after the May sales are code A grants, which carry no purchase price.
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