Form 4: Willis Lease Finance Corp: Executive Vice President Dean Michael Poulakidas Reports Stock Transactions

Dean Michael Poulakidas, EVP, General Counsel, and Secretary of Willis Lease Finance Corp, reports the acquisition and disposal of common stock and derivative securities related to a performance-based restricted stock award.

Summary

• On May 14, 2025, Dean Michael Poulakidas, EVP, General Counsel, and Secretary of Willis Lease Finance Corp, reported transactions involving the company's stock.
• Poulakidas acquired 2,433 shares of common stock through the vesting of a performance-based restricted stock award.
• He also disposed of 17,014 shares to satisfy withholding tax liability.
• Following these transactions, Poulakidas beneficially owns 156,415 shares of Willis Lease Finance Corp.
• The performance-based restricted stock award ('PSA') is subject to performance-based and time-based vesting over two years.
• The performance criteria included profitability of the Issuer's services businesses, growth of the Issuer's leasing portfolio and the viability of the Issuer's Sustainable Aviation Fuel initiative.
• Each PSA represents a contingent right to receive one share of the Issuer's common stock to the extent the performance-based criteria is met.
• The vesting of some of the PSA was accelerated upon the separation of the Reporting Person.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine executive compensation and tax-related transactions. The vesting of shares is a positive sign, but the disposal for tax purposes is a neutral event.

Positives

• The vesting of performance-based restricted stock indicates that some performance criteria were likely met.

Negatives

• The disposal of 17,014 shares to cover withholding tax liability reduces Poulakidas's holdings.

Risks

• The value of the remaining shares held by Poulakidas is subject to market fluctuations.

Future Outlook

The performance-based restricted stock award will continue to vest over the next two years, contingent on meeting performance criteria.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation and tax obligations.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve a small number of shares relative to the total outstanding.

Key Dates

Keywords

WLFC, Willis Lease Finance Corp, Dean Michael Poulakidas, Stock Transactions, Form 4, Performance-Based Restricted Stock Award, Beneficial Ownership, Executive Compensation