4/A: Willis Lease Finance Corp: Executive Chairman Charles F. Willis IV Amends Beneficial Ownership Report

Sentiment:

SEC Filing


Charles F. Willis IV, Executive Chairman of Willis Lease Finance Corp, files an amended Form 4 to correct details regarding a restrictive stock grant and remove inadvertently included information about an option grant and shares returned for tax liability.

Summary

  • Charles F. Willis IV, the Executive Chairman of Willis Lease Finance Corp, filed an amendment to a previous Form 4.
  • The amendment corrects the vesting term of a restrictive stock grant.
  • It also removes information about an option grant and shares returned to the issuer to satisfy withholding tax liability, which were included in the original filing in error.
  • The corrected filing shows that Willis directly owns 930,080 shares of common stock.
  • He also indirectly owns 12,298 shares through his spouse, 2,134,148 shares through CFW Partners, and 584 shares through the Wilder Grace Willis 2016 Trust (his granddaughter).

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting previous errors. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, and doesn't necessarily reflect broader industry trends.

Key Dates

DateDescription
03/19/2025Date of the transaction involving common stock acquisition.
03/21/2025Date of the original Form 4 filing that was amended.
03/31/2025Date of the amended filing.

Keywords

Form 4, Beneficial Ownership, Amendment, WLFC, Willis Lease Finance Corp, Charles F. Willis IV, Executive Chairman, Restrictive Stock Grant, Common Stock, SEC

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