Form 4: Willis Lease Finance Corp: Executive Robert J. Keady Sells Shares in Recent Transactions
SEC Form 4
Robert J. Keady, a former director of Willis Lease Finance Corp, sold shares of the company's common stock in two transactions on May 24 and May 28, 2024.
Summary
- Robert J. Keady, a former director of Willis Lease Finance Corp, reported the sale of company stock in two transactions.
- On May 24, 2024, Keady sold 185 shares of common stock at a weighted average price of $65.59 per share.
- The sale prices for this transaction ranged from $65.50 to $65.81.
- On May 28, 2024, Keady sold 90 shares of common stock at a price of $66.80 per share.
- Following these transactions, Keady directly owns 29,130 shares of Willis Lease Finance Corp.
- Keady is still subject to Form 4 obligations despite no longer being a director.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by an executive, which is a neutral event. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects; however, without additional context, it's difficult to ascertain the specific reasons behind these transactions.
Stakeholder Impact
- Shareholders may be interested in executive stock transactions as an indicator of management's view of the company's value.
Key Dates
| Date | Description |
|---|---|
| 05/24/2024 | Robert J. Keady sold 185 shares of common stock at a weighted average price of $65.59 per share. |
| 05/28/2024 | Robert J. Keady sold 90 shares of common stock at a price of $66.80 per share. |
| 05/28/2024 | Date of report filing. |
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