Form 4: Air Lease Corp Executive Chairman Steven Udvar-Hazy Reports Stock Transaction

Sentiment:

SEC Form 4


Steven Udvar-Hazy, Executive Chairman of Air Lease Corporation, reports a transaction involving Class A Common Stock and updates beneficial ownership.

Summary

  • On February 25, 2025, Steven Udvar-Hazy, the Executive Chairman of Air Lease Corporation, reported a transaction involving the disposition of 34,908 shares of Class A Common Stock at a price of $47.55.
  • Following the reported transaction, Udvar-Hazy directly owns 1,486,548 shares.
  • Udvar-Hazy also indirectly owns shares through various entities and trusts, including his wife, daughters, sons, grandchildren, Emerald Financial LLC, Air Intercontinental, Inc., Ocean Equities, Inc., the Hazy Family Community Property Trust, and the Udvar-Hazy Separate Property Trust.
  • The report explicitly disclaims beneficial ownership of shares held by family members and Emerald Financial LLC, except to the extent of his pecuniary interest.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders and provide transparency to the market regarding their investment activities.

Stakeholder Impact

  • The transaction may be of interest to shareholders as it provides insight into the Executive Chairman's stock ownership and recent trading activity.

Key Dates

DateDescription
02/25/2025Date of stock transaction (disposal of shares).
02/26/2025Date of report signature.
5/28/85Date of Hazy Family Community Property Trust

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