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

Sentiment:

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

DateDescription
03/28/2024Date of the stock sale transaction
04/01/2024Date of signature on the Form 4 filing

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