Form 4: Willis Lease Finance Corp EVP, CFO Scott B. Flaherty Sells Shares

Sentiment:

SEC Form 4


Scott B. Flaherty, EVP and CFO of Willis Lease Finance Corp, sold a total of 6,636 shares of common stock in two transactions on May 2nd and 3rd, 2024.

Summary

  • On May 2, 2024, Scott B. Flaherty, the EVP and CFO of Willis Lease Finance Corp, sold 2,637 shares of common stock at a weighted average price of $51.72 per share.
  • The prices for these shares ranged from $50.52 to $52.50.
  • On May 3, 2024, Flaherty sold an additional 3,999 shares of common stock at a weighted average price of $54.45 per share.
  • The prices for these shares ranged from $52.75 to $55.69.
  • Following these transactions, Flaherty directly owns 103,617 shares of Willis Lease Finance Corp.
  • The sales were executed under a pre-arranged 10b5-1 trading plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports the sale of shares by an executive. It doesn't inherently indicate positive or negative prospects for the company.

Industry Context

Insider selling can be interpreted in various ways by the market. It's common for executives to sell shares for personal financial management, but large or frequent sales can sometimes raise concerns among investors.

Stakeholder Impact

  • Shareholders may react to the insider selling, potentially impacting the stock price.

Key Dates

DateDescription
05/02/2024Scott B. Flaherty sold 2,637 shares of common stock.
05/03/2024Scott B. Flaherty sold 3,999 shares of common stock.
05/06/2024Date of signature for the Form 4 filing.

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