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, including the acquisition of shares and disposal for tax purposes.

Summary

• On February 25, 2024, 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.
• He disposed of 3,082 shares at a price of $39.97 per share, likely to cover tax obligations.
• Willis also acquired 6,025 shares of Air Lease Corporation Class A Common Stock at $0.
• Following these transactions, Willis directly owns 78,369 shares of Air Lease Corporation Class A Common Stock.
• The 6,025 shares were granted as restricted stock units under the Air Lease Corporation 2023 Equity Incentive Plan, vesting in three annual installments starting February 25, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating stock transactions by an executive. The acquisition of restricted stock units is a slightly positive sign.

Positives

• The acquisition of 6,025 restricted stock units indicates continued alignment of the CFO's interests with the company's long-term performance.

Future Outlook

The restricted stock units vest in three annual installments beginning on February 25, 2025, suggesting a multi-year commitment from the executive.

Industry Context

Form 4 filings are routine disclosures for corporate insiders and are closely watched by investors for insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders as they reflect insider activity, but the overall impact is likely minimal.

Key Dates