Form 4: Air Lease Corp EVP and CFO Gregory B. Willis Sells Shares
SEC Form 4
Gregory B. Willis, EVP and CFO of Air Lease Corporation, sold 11,270 shares of Class A Common Stock at a weighted average price of $50.0614 on May 15, 2024.
Summary
- On May 15, 2024, Gregory B. Willis, the Executive Vice President and CFO of Air Lease Corporation, sold 11,270 shares of the company's Class A Common Stock.
- The shares were sold at a weighted average price of $50.0614.
- The sales prices ranged from $50.04 to $50.16.
- Following the transaction, Willis directly owns 67,099 shares of Air Lease Corporation's Class A Common Stock.
Sentiment
Score: 5
Explanation: The document simply reports a stock sale by an executive, which is a neutral event without additional context.
Industry Context
Sales of shares by company executives are a normal part of corporate activity. It is important to consider the context of the sale, such as the executive's overall holdings and any company-specific news, to determine the significance of the transaction.
Stakeholder Impact
- The sale of shares by a high-ranking executive could potentially influence investor sentiment, although the impact is likely to be minimal given the size of the transaction relative to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of the stock sale transaction. |
| 05/17/2024 | Date of signature for the Form 4 filing. |
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