Form 4: Air Lease Corp Director Yvette Hollingsworth Clark Acquires 2,698 Shares of Class A Common Stock
SEC Form 4
Director Yvette Hollingsworth Clark reports acquisition of 2,698 shares of Air Lease Corporation Class A Common Stock through restricted stock units.
Summary
- On May 2, 2025, Yvette Hollingsworth Clark, a director of Air Lease Corporation, acquired 2,698 shares of Class A Common Stock.
- The acquisition was through the grant of restricted stock units (RSUs) 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 the Issuer's Class A Common Stock on a deferred settlement date.
- Following the transaction, Clark beneficially owns 25,206.67 shares of Air Lease Corporation Class A Common Stock, including restricted stock units received pursuant to dividend equivalent rights.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a standard transaction of stock options as part of director compensation.
Positives
- The acquisition of shares by a director signals confidence in the company's future prospects.
Future Outlook
The RSUs will vest on May 2, 2026, representing a future increase in the director's holdings.
Industry Context
Director share acquisitions are common in the industry as a form of executive compensation and alignment of interests with shareholders.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of transaction: Acquisition of 2,698 shares of Class A Common Stock via RSUs. |
| 05/02/2026 | Vesting date for the restricted stock units. |
| 05/06/2025 | Date of signature on the Form 4 filing. |
Keywords
Air Lease Corporation, Director, Yvette Hollingsworth Clark, Class A Common Stock, Restricted Stock Units, RSUs, Beneficial Ownership, Equity Incentive Plan, AL
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