Form 4: Willis Lease Finance Corp: Former Director Hans Jorg Hunziker Sells Shares

Sentiment:

SEC Form 4


Hans Jorg Hunziker, a former director of Willis Lease Finance Corp, sold a total of 727 shares of common stock in two transactions on May 13 and May 14, 2024.

Summary

  • Hans Jorg Hunziker, a former director of Willis Lease Finance Corp, reported the sale of company stock.
  • On May 13, 2024, 562 shares of common stock were sold at a weighted average price of $64.57.
  • The prices for the May 13 transaction ranged from $63.96 to $66.09.
  • On May 14, 2024, 165 shares of common stock were sold at a weighted average price of $64.26.
  • The prices for the May 14 transaction ranged from $64.25 to $64.26.
  • Following these transactions, Hunziker directly owns 20,663 shares of Willis Lease Finance Corp.
  • Hunziker 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 a former director. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.

Industry Context

This filing is a routine disclosure of stock sales by a former director, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of individuals with potential inside knowledge of the company.

Stakeholder Impact

  • The stock sales by a former director could have a minor impact on shareholder sentiment, but the volume of shares sold is relatively small.

Key Dates

DateDescription
05/13/2024Sale of 562 shares of common stock at a weighted average price of $64.57.
05/14/2024Sale of 165 shares of common stock at a weighted average price of $64.26.
05/15/2024Date of signature for the Form 4 filing.

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