Form 4: Air Lease EVP Sells Shares for Tax Obligations

Air Lease Corporation's EVP, Kishore Korde, disposed of 1,850 shares of Class A Common Stock to cover tax liabilities at a price of $64.85 per share.

Summary

• Kishore Korde, Executive Vice President (EVP) of Air Lease Corporation (AL), reported a transaction involving the company's Class A Common Stock.
• On February 25, 2026, Korde disposed of 1,850 shares at a price of $64.85 per share.
• This transaction was coded as "F," indicating a payment of tax liability by withholding securities.
• Following this transaction, Korde directly beneficially owns 62,853 shares of Class A Common Stock.
• Additionally, Korde indirectly beneficially owns 716 shares through one of his children and 338 shares (199 + 139) as custodian for another child under the California Uniform Transfers to Minors Act, though he expressly disclaims beneficial ownership except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for executives managing equity compensation and tax obligations, and not indicative of underlying company performance or management sentiment.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax obligations (Transaction Code F), are common and generally do not reflect a change in management's outlook on the company's future performance. Such transactions are often pre-scheduled or mandated by compensation plans.

Related Party Transactions

• The filing discloses indirect beneficial ownership of 716 shares by one of the reporting person's children and 338 shares (199 + 139) held as custodian for another child under the California Uniform Transfers to Minors Act. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction by an executive to cover tax liabilities.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific filing.

Key Dates

Keywords

Air Lease Corporation, AL, Kishore Korde, Insider transaction, Form 4, Stock disposition, Tax liability, Executive Vice President, Class A Common Stock