Form 4: Air Lease Corp Executive Grant Levy Reports Share Transactions

Executive Vice President of Air Lease Corporation, Grant Levy, reported a series of share transactions including the disposal of 1,200 shares and the acquisition of 800 shares, some of which are indirectly held.

Summary

• Grant Levy, an Executive Vice President at Air Lease Corporation, filed a Form 4 detailing changes in his beneficial ownership of company stock.
• On December 13, 2024, Mr. Levy disposed of 1,200 shares of Air Lease Corporation Class A Common Stock.
• On the same day, he acquired 400 shares directly and another 400 shares indirectly.
• Following these transactions, Mr. Levy directly owns 142,115 shares and indirectly owns 9,000 shares through his son.
• The transactions were conducted at a price of $0, likely due to a grant or gift.

Sentiment

Score: 5

Explanation: The document is a neutral report of insider transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The transactions reported are typical for executive compensation, often involving grants or gifts of shares at a price of $0.

Related Party Transactions

• The report mentions that some shares are indirectly owned by one of the reporting person's sons.

Stakeholder Impact

• This filing provides transparency to shareholders regarding the trading activities of company executives.
• The transactions are unlikely to have a significant impact on other stakeholders.

Key Dates

Keywords

Air Lease Corporation, AL, Form 4, insider trading, beneficial ownership, share transactions, Grant Levy, executive compensation