Form 4: Air Lease Corp EVP Alex A. Khatibi Sells 11,199 Shares
SEC Form 4 Filing
Executive Vice President of Air Lease Corporation, Alex A. Khatibi, disposed of 11,199 shares of Class A Common Stock on March 15, 2024.
Summary
- On March 15, 2024, Alex A. Khatibi, an Executive Vice President at Air Lease Corporation, sold 11,199 shares of Class A Common Stock.
- The shares were sold at a weighted average price of $47.3656 per share.
- Following the transaction, Khatibi directly owns 76,300 shares of Air Lease Corporation's Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It's important to consider the context of the sale, such as the executive's overall holdings and any stated reasons for the transaction.
Stakeholder Impact
- The sale of shares by an executive may cause some investors to re-evaluate their positions in the company.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Alex A. Khatibi sold shares of Air Lease Corporation Class A Common Stock. |
| 03/19/2024 | Date of report: Form 4 filing date. |
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