Form 4: Air Lease Corporation EVP and CFO Gregory B. Willis Reports Changes in Beneficial Ownership

Gregory B. Willis, EVP and CFO of Air Lease Corporation, reports changes in beneficial ownership of company stock due to tax withholding and the grant of restricted stock units.

Summary

• On February 25, 2025, Gregory B. Willis, the EVP and CFO of Air Lease Corporation, reported changes in his beneficial ownership of the company's Class A Common Stock.
• 2,706 shares were disposed of at a price of $47.55 per share to cover tax obligations.
• 5,291 restricted stock units (RSUs) were acquired at no cost.
• Following these transactions, Willis directly owns 79,889 shares of Air Lease Corporation Class A Common Stock.
• The RSUs vest in three annual installments starting on February 25, 2026, under the Air Lease Corporation 2023 Equity Incentive Plan.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices and insider transactions, which are neither particularly positive nor negative. The grant of RSUs is a positive sign of aligning executive incentives with company performance.

Positives

• The grant of 5,291 restricted stock units indicates continued alignment of executive compensation with company performance.

Future Outlook

The vesting of restricted stock units in future years suggests an ongoing incentive for the executive to contribute to the company's long-term success.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices and tax obligations for executives at Air Lease Corporation.

Comparison to Industry Standards

• Equity compensation is a common practice among publicly traded companies, including aircraft leasing firms like AerCap and BOC Aviation.
• Restricted stock units are frequently used to align executive incentives with shareholder value, with vesting schedules typically spanning several years.
• The size of the RSU grant and the vesting schedule appear consistent with standard practices for executive compensation in similar companies.

Stakeholder Impact

• Shareholders can view the RSU grant as a positive sign that executive incentives are aligned with long-term company performance.
• The transactions have a minimal direct impact on other stakeholders such as employees, customers, suppliers, and creditors.

Key Dates