4/A: Willis Lease Finance Corp: CEO Austin Chandler Willis Amends Form 4 Filing to Clarify Stock Sales by 2019 Willis Family Trust
SEC Filing (Form 4/A)
Austin Chandler Willis, CEO of Willis Lease Finance Corp, amends a previous Form 4 filing to accurately reflect stock sales made by the 2019 Willis Family Trust.
Summary
- This is an amendment to a Form 4 filing by Austin Chandler Willis, the CEO of Willis Lease Finance Corp.
- The original filing, dated November 15, 2023, incorrectly reported that all shares were sold directly by Willis.
- This amendment clarifies that the shares were sold by the 2019 Willis Family Trust.
- Between November 13 and November 15, 2023, the 2019 Willis Family Trust sold a total of 14,000 shares of Willis Lease Finance Corp stock.
- The sales were executed in multiple trades at varying prices, ranging from $43.95 to $45.81 per share.
- As of the date of this amendment (March 4, 2024), Willis directly holds 116,635 shares, and the 2019 Willis Family Trust directly holds 232,715 shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing correcting a previous error. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading disclosures, providing transparency into the transactions of company executives and major shareholders. Amendments are sometimes necessary to correct errors or provide additional clarification.
Key Dates
| Date | Description |
|---|---|
| 11/13/2023 | Date of earliest transaction reported in the filing. |
| 11/14/2023 | Date of transaction reported in the filing. |
| 11/15/2023 | Date of original Form 4 filing that was amended. |
| 03/04/2024 | Date of the Form 4/A amendment. |
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