Form 4: AerSale Corp Executive James Fry Reports Stock Transaction
SEC Form 4 Filing
James Fry, Executive Vice President, General Counsel & Corporate Secretary of AerSale Corp, reports the withholding of 1,452 shares for tax obligations related to vesting restricted stock units.
Summary
- On March 18, 2024, James Fry, an executive at AerSale Corp, had 1,452 shares of common stock withheld to cover tax obligations.
- This withholding occurred due to the vesting of 3,467 restricted stock units (RSUs) previously granted to Mr. Fry.
- The price per share for the withholding was $7.32.
- Following the transaction, Mr. Fry directly owns 16,486 shares of AerSale Corp.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Date of stock transaction (tax withholding). |
| 03/20/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.