Form 4: Air Lease Corp EVP Grant A. Levy Reports Stock Sale

Grant A. Levy, EVP of Air Lease Corporation, reported selling 7,500 shares of Class A Common Stock on March 15, 2024, at a price of $46.822 per share.

Summary

• Grant A. Levy, an Executive Vice President at Air Lease Corporation, filed a Form 4 with the SEC.
• The form reports a transaction on March 15, 2024, where Levy sold 7,500 shares of Air Lease Corporation Class A Common Stock at a price of $46.822 per share.
• Following the transaction, Levy directly owns 150,815 shares of Air Lease Corporation Class A Common Stock.
• Levy also indirectly owns 4,100 shares through his son's holdings, but disclaims beneficial ownership except to the extent of his pecuniary interest.
• The filing was signed by Lauren Jaeger, Attorney-in-Fact, on March 19, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency to investors regarding the buying and selling of company stock by its leadership.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates