Form 4: Air Lease Corp Director Marshall O. Larsen Reports Acquisition of 2,698 Shares of Class A Common Stock

Director Marshall O. Larsen reports the acquisition of 2,698 shares of Air Lease Corporation Class A Common Stock on May 2, 2025, through restricted stock units (RSUs) granted under the company's 2023 Equity Incentive Plan.

Summary

• On May 2, 2025, Marshall O. Larsen, a director of Air Lease Corporation, acquired 2,698 shares of Class A Common Stock.
• The acquisition was made through restricted stock units (RSUs) granted under the Air Lease Corporation 2023 Equity Incentive Plan.
• These RSUs were granted in connection with Larsen's service as a member of the Board of Directors.
• The RSUs will vest in full on May 2, 2026, the first anniversary of the grant date, subject to certain conditions.
• Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock on a deferred settlement date.
• Following the reported transaction, Larsen beneficially owns 52,148.85 shares of Air Lease Corporation Class A Common Stock, which includes restricted stock units received pursuant to dividend equivalent rights.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction (director acquiring shares through RSUs), which is generally a positive sign as it aligns the director's interests with those of the shareholders.

Positives

• The acquisition of shares by a director signals confidence in the company's future prospects.

Future Outlook

The RSUs will vest in full on May 2, 2026, subject to certain conditions, representing a future increase in Larsen's holdings.

Industry Context

This filing is a routine disclosure of a director's acquisition of company stock, which is common in publicly traded companies. It reflects part of the company's equity compensation plan for its board members.

Comparison to Industry Standards

• Equity compensation for board members is a standard practice in the airline leasing industry.
• Comparable companies like AerCap and BOC Aviation also utilize stock options and RSUs as part of their compensation packages for directors and executives.
• The vesting schedule of one year is relatively standard, aligning with typical industry practices for equity grants.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates

Keywords

Air Lease Corporation, AL, Marshall O. Larsen, Director, Class A Common Stock, Restricted Stock Units, RSUs, Equity Incentive Plan, Beneficial Ownership, SEC Form 4