Form 4: Willis Lease Finance Corp: Former Director Hans Jorg Hunziker Sells Shares
SEC Form 4 Filing
Hans Jorg Hunziker, a former director of Willis Lease Finance Corp, sold 215 shares of common stock on March 28, 2024.
Summary
- On March 28, 2024, Hans Jorg Hunziker, a former director of Willis Lease Finance Corp, sold 215 shares of common stock.
- The sale was executed at a weighted average price of $49.55 per share, with individual trades ranging from $49.40 to $49.89.
- Following the transaction, Hunziker directly owns 22,677 shares of Willis Lease Finance Corp.
- Hunziker is still subject to Form 4 obligations despite no longer being a director.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock sale by a former director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) trade in their company's stock. These filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The sale of shares by a former director could have a minor psychological impact on shareholders, but the small number of shares sold is unlikely to have a significant material impact.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of the stock sale transaction |
| 04/01/2024 | Date of signature on the Form 4 filing |
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