Form 4: Air Lease Corp Director Matthew J Hart Acquires Shares Through Restricted Stock Units

Director Matthew J Hart acquired 2,698 shares of Air Lease Corporation Class A Common Stock through restricted stock units (RSUs) granted under the 2023 Equity Incentive Plan.

Summary

• On May 2, 2025, Matthew J Hart, a director of Air Lease Corporation, acquired 2,698 shares of Class A Common Stock.
• The acquisition was through restricted stock units (RSUs) granted under the company's 2023 Equity Incentive Plan.
• These RSUs will vest in full on May 2, 2026, subject to certain conditions.
• Each RSU represents a contingent right to receive one share of Air Lease Corporation's Class A Common Stock on the vesting date.
• Following the transaction, Hart directly owns 60,214 shares of Air Lease Corporation Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a standard transaction related to director compensation, indicating a stable and ongoing relationship between the director and the company. The sentiment is neutral to positive as it reflects standard corporate governance practices.

Positives

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

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of RSUs in the future suggests an expectation of continued service by the director.

Industry Context

This type of equity grant is common in the aviation leasing industry to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Equity grants to board members are a standard practice across publicly traded companies, including competitors like AerCap and BOC Aviation.
• The vesting schedule of one year is relatively standard, aligning with typical director service terms.
• The size of the grant is within the typical range for director compensation at companies of similar market capitalization.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term performance.

Key Dates

Keywords

Air Lease Corporation, Director, Matthew J Hart, RSUs, Class A Common Stock, Equity Incentive Plan, Beneficial Ownership, AL