Form 4: Air Lease EVP Alex Khatibi Reports Stock Transactions

Air Lease Corporation's EVP, Alex A. Khatibi, reported the vesting of performance-based restricted stock units and a subsequent tax-related disposition of shares.

Summary

• Alex A. Khatibi, Executive Vice President (EVP) of Air Lease Corporation (AL), reported changes in his beneficial ownership of Class A Common Stock.
• On December 31, 2025, 28,950 shares were acquired at a price of $0, resulting from the vesting of performance-based restricted stock units (RSUs) granted under the Air Lease Corporation 2014 Equity Incentive Plan.
• Concurrently, 14,701 shares were disposed of at a price of $64.23 per share, a common practice to cover tax obligations associated with the RSU vesting.
• Following these transactions, Khatibi's direct beneficial ownership of Class A Common Stock stands at 93,140 shares.
• The reported transactions were made pursuant to a Rule 10b5-1(c) plan, indicating they were pre-arranged.

Sentiment

Score: 7

Explanation: The filing reports routine executive compensation events (RSU vesting and tax withholding) which are generally positive as they indicate performance achievement and align executive interests with shareholders. The transactions were pre-planned under a 10b5-1 plan, reducing concerns about opportunistic selling.

Positives

• The vesting of 28,950 performance-based restricted stock units indicates the achievement of specific performance targets by the company and/or the executive.
• The executive's continued significant beneficial ownership of 93,140 shares aligns management's interests with those of shareholders.

Negatives

• The disposition of 14,701 shares, while a standard practice for tax withholding, reduces the executive's direct ownership in the company.

Future Outlook

NA

Industry Context

NA

Corporate Governance

Stakeholder Impact

• Shareholders: The vesting of performance-based RSUs suggests the company met certain performance criteria, which is generally positive. The executive's continued significant ownership aligns interests.
• Employees: Reflects the company's executive compensation structure, potentially influencing broader employee incentive programs.

Key Dates

Recommendation

This Form 4 reports routine, pre-planned executive compensation events (RSU vesting and tax withholding). It does not contain new material information about the company's operations, financial performance, or strategic direction that would warrant a change in investment recommendation. The transactions are expected and reflect the normal course of executive compensation.

Keywords

Air Lease Corporation, AL, Form 4, Insider Trading, Executive Compensation, Restricted Stock Units, RSU Vesting, Alex A. Khatibi, EVP, Stock Transactions, Beneficial Ownership, Rule 10b5-1