4/A: Air Lease Director Amends Share Sale Disclosure

Steven F. Udvar-Hazy, a Director and 10% Owner of Air Lease Corp, filed an amended Form 4 to correct a previously reported sale of Class A common stock by his daughter.

Summary

• An amendment to a Form 4 was filed by Steven F. Udvar-Hazy, a Director and 10% Owner of Air Lease Corp (AL).
• The amendment corrects a previously reported transaction that occurred on December 11, 2025.
• The original filing inadvertently reported that his daughter had sold 1,000 shares of Class A common stock.
• The corrected amount states that his daughter actually sold 500 shares of Class A common stock at a price of $63.97 per share.
• Following this corrected transaction, Mr. Udvar-Hazy directly beneficially owns 1,428,366 shares of Air Lease Corporation Class A Common Stock.
• He also indirectly beneficially owns 4,212,203 shares through various family members, trusts, and entities, though he disclaims beneficial ownership for many of these, except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral. The filing is an administrative correction of a previously reported transaction, not indicative of new positive or negative company performance or strategic shifts. It reflects compliance with reporting obligations.

Positives

• The filing demonstrates transparency and adherence to SEC reporting requirements by promptly correcting an error in a previous insider transaction report.

Negatives

• A sale of shares by a family member of a director, even a corrected smaller amount, could be perceived as a minor negative signal by some investors, although this is an amendment to a prior report.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• The reporting person expressly disclaims beneficial ownership of shares held by family members and certain entities, except to the extent of his pecuniary interest therein.
• The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.

Industry Context

This filing is a routine regulatory compliance document related to insider transactions and does not provide information relevant to broader industry trends, competitive landscape, or market positioning.

Comparison to Industry Standards

• This filing is an amendment to an insider transaction report, which is a standard regulatory disclosure for public companies. It does not contain operational or financial data that can be compared to industry-specific benchmarks or competitor performance.

Related Party Transactions

• Correction of a previously reported sale of 500 shares of Class A common stock by the reporting person's daughter at $63.97 per share.

Stakeholder Impact

• Shareholders: Provides updated transparency on insider holdings and transactions, correcting a minor error in a previous report, reinforcing regulatory compliance.

Next Steps

• No specific future actions, events, or milestones are mentioned in this amendment.

Key Dates

Recommendation

This filing is an administrative amendment to correct a minor error in a previously reported insider transaction. It does not provide new information regarding the company's financial performance, strategic direction, or operational health that would warrant a change in investment recommendation. The correction of 500 shares sold by a family member is not material enough to influence the stock's fundamental value or outlook. Investors should maintain their current position based on broader company fundamentals and market conditions.

Keywords

Air Lease Corp, AL, Steven F. Udvar-Hazy, Form 4/A, Beneficial Ownership, Insider Transaction, Director, Share Sale, SEC Filing, Equity Securities