Form 4: Willis Lease Finance Corp Executive Chairman Charles F. Willis IV Reports Stock Transactions

Charles F. Willis IV, Executive Chairman of Willis Lease Finance Corp, reports gifting and selling shares of common stock.

Summary

• On May 23, 2024, Charles F. Willis IV gifted 5,000 shares of Willis Lease Finance Corp common stock to the Charles F. Willis V 2019 Trust, Austin Willis Trustee.
• He also gifted 1,500 shares to Charlotte Montressor Willis on the same day.
• Additionally, 1,500 shares are held indirectly by his spouse, Charlotte Montressor Willis.
• On May 29, 2024, Willis sold 3,711 shares at a weighted average price of $65.3997 and 26,289 shares at a weighted average price of $66.1314.
• Following these transactions, Willis directly owns 948,533 shares and indirectly owns 2,134,148 shares through CFW Partners and 584 shares through the Wilder Grace Willis 2016 Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider and provides transparency to the market regarding their holdings and recent activities.

Stakeholder Impact

• The sale of shares by a key executive could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price.
• However, the gifts of shares to trusts could be seen as a positive sign of long-term commitment to the company.

Key Dates