Form 4: AerSale Director Andrew C. Levy Receives Equity Award as Part of Compensation

AerSale Corp. Director Andrew C. Levy was granted 21,367 restricted stock units as part of the company's non-employee director compensation policy, vesting in June 2026.

Summary

• Andrew C. Levy, a Director of AerSale Corp. (ASLE), was granted 21,367 shares of common stock in the form of restricted stock units (RSUs) on June 5, 2025.
• The RSUs were awarded at a price of $0.00 per share, indicating they are part of a compensation plan rather than a purchase.
• This award was made under the AerSale Corporation Second Amended and Restated Non-Employee Director Compensation Policy.
• The 21,367 restricted stock units are scheduled to vest 100% on June 5, 2026, contingent upon Mr. Levy's continued service on the Issuer's Board of Directors through that date.
• Upon vesting, each restricted stock unit will convert into one share of AerSale's common stock.
• Following this transaction, Andrew C. Levy beneficially owns a total of 60,905 shares of AerSale Corp. common stock directly.

Sentiment

Score: 7

Explanation: The filing indicates a routine equity compensation award to a director, which is a positive for aligning interests but not a significant market-moving event or an indicator of operational performance.

Positives

• The grant of restricted stock units to Director Andrew C. Levy aligns his financial interests with those of the company's shareholders, encouraging long-term value creation.
• This equity award is part of a pre-existing, disclosed compensation policy, indicating a structured approach to director remuneration.

Future Outlook

The 21,367 restricted stock units granted to Director Andrew C. Levy are expected to vest on June 5, 2026, converting into common stock, provided he continues his service on the Board of Directors until that date.

Industry Context

It is a common and standard practice for publicly traded companies to compensate non-employee directors with equity awards, such as restricted stock units, to align their long-term interests with those of the company's shareholders and to incentivize sustained performance and commitment.

Corporate Governance

Related Party Transactions

• Andrew C. Levy, a director of AerSale Corp., received 21,367 restricted stock units as compensation, which constitutes a transaction between a related party (director) and the company as part of its established compensation policy.

Stakeholder Impact

• Shareholders: The equity award aligns the director's financial interests with those of the shareholders, potentially encouraging decisions that enhance long-term shareholder value and demonstrating commitment from the board.

Next Steps

• Vesting of 21,367 restricted stock units on June 5, 2026, subject to Andrew C. Levy's continued service on the Board of Directors.

Key Dates

Keywords

AerSale Corp, ASLE, Form 4, Insider Transaction, Restricted Stock Units, RSU, Director Compensation, Equity Award, Beneficial Ownership