Form 4: Air Lease Corporation Executive Grant Levy Reports Changes in Beneficial Ownership

Grant Levy, EVP of Air Lease Corporation, reports acquisition and disposal of company stock, including shares acquired through restricted stock units.

Summary

• Grant Levy, an Executive Vice President at Air Lease Corporation, filed a Form 4 detailing changes in his beneficial ownership of the company's Class A Common Stock.
• On February 25, 2025, Levy disposed of 2,946 shares at a price of $47.55.
• On the same day, he acquired 5,288 shares of restricted stock units at $0.
• Following these transactions, Levy directly owns 156,316 shares and indirectly owns 9,000 shares through his sons.
• The restricted stock units vest in three annual installments starting February 25, 2026, under the 2023 Equity Incentive Plan.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock transactions. The acquisition of restricted stock units is a positive sign, but the disposal of shares tempers the overall sentiment.

Positives

• The acquisition of restricted stock units aligns Levy's interests with the long-term performance of Air Lease Corporation.
• The vesting schedule encourages continued service and contribution to the company.

Future Outlook

The vesting of restricted stock units in future years suggests an expectation of continued employment and contribution by Grant Levy to Air Lease Corporation.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates Grant Levy's ongoing investment in Air Lease Corporation.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider trading activity.
• The vesting of restricted stock units incentivizes Grant Levy, potentially benefiting shareholders through his continued contributions.

Key Dates