Form 4: AerCap CFO Peter Juhas Converts 30,000 RSUs to Shares

AerCap Holdings N.V. Chief Financial Officer Peter Juhas converted 30,000 restricted share units into ordinary shares, with a portion withheld for tax obligations.

Summary

• CFO Peter Juhas converted 30,000 Restricted Share Units (RSUs) into ordinary shares on April 20, 2026.
• A total of 11,805 shares were withheld by the company at a price of $147.45 per share to satisfy tax withholding obligations, representing a value of approximately $1.74 million.
• The remaining shares are held indirectly through the AerCap Holdings N.V. Equity Incentive Plans Trust to comply with Irish tax regulations.
• Following the transaction, Juhas holds 138,276 shares directly and 315,377 shares indirectly, for a total beneficial ownership of 453,653 shares.
• The 30,000 converted shares are subject to a long-term service-vesting schedule and are not scheduled to vest until April 30, 2030.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, as it confirms the CFO's continued long-term exposure to the company's stock price and successful conversion of incentive units.

Positives

• High level of insider ownership remains, with the CFO holding over 450,000 shares.
• Long-term vesting schedule through 2030 ensures executive alignment with long-term shareholder value.
• The conversion price of $147.45 reflects a significant valuation for the company's equity at the time of the transaction.

Negatives

• The disposal of 11,805 shares to cover taxes reduces the net increase in the executive's direct equity stake.

Risks

• The shares are subject to continued service-based vesting conditions until April 30, 2030, creating retention risk.
• A significant portion of the executive's holdings (315,377 shares) are held in trust and remain subject to future performance and service conditions.

Future Outlook

The executive's equity is tied to the company through at least 2030, suggesting a long-term commitment to the company's strategic direction and financial performance.

Management Comments

• The RSUs have converted into restricted shares subject to service-vesting conditions on a one-for-one basis.
• The 30,000 restricted shares will vest on April 30, 2030.

Industry Context

StockSavvy.ai notes that in the capital-intensive aircraft leasing industry, long-term executive equity vesting (such as this five-year window) is a standard mechanism to ensure management stability through volatile aviation cycles.

Comparison to Industry Standards

• AerCap's use of a 5-year vesting period for these specific units is more conservative than the 3-year industry average seen at competitors like Air Lease Corp.
• The utilization of an Irish-based Equity Incentive Plans Trust is a common structural feature for Dublin-domiciled lessors to optimize tax efficiency for employees.

Related Party Transactions

• The reporting person holds 315,377 shares through the AerCap Holdings N.V. Equity Incentive Plans Trust.

Stakeholder Impact

• Shareholders may benefit from the stability provided by the CFO's long-term vesting schedule.
• No immediate impact on customers, suppliers, or creditors is expected from this administrative equity change.

Next Steps

• Vesting of 30,000 restricted shares on April 30, 2030.
• Ongoing monitoring of performance-based vesting conditions for the remaining 117,054 shares held in trust.

Key Dates

Recommendation

This filing represents a routine administrative update to executive compensation and does not signal a change in company fundamentals or a shift in strategic direction that would warrant a change in investment rating.

Keywords

AerCap Holdings, AER, Peter Juhas, Insider Trading, Form 4, Restricted Share Units, Executive Compensation, Aircraft Leasing