Form 4: Willis Lease Finance Corp: Former Director Robert J. Keady Reports Sale of Common Stock
SEC Form 4 Filing
Robert J. Keady, a former director of Willis Lease Finance Corp, reported the sale of 99 shares of common stock at $100.02 per share on September 5, 2024, leaving him with 4,016 shares.
Summary
- On September 5, 2024, Robert J. Keady, a former director of Willis Lease Finance Corp (WLFC), sold 99 shares of common stock.
- The sale was executed at a price of $100.02 per share.
- Following the transaction, Keady directly owns 4,016 shares of WLFC common stock.
- Keady is still subject to Form 4 obligations despite no longer being a director.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing reporting a stock sale by a former director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for insiders (officers, directors, and beneficial owners) of publicly traded companies to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The sale of shares by a former director could have a minor impact on shareholder sentiment, but the small number of shares involved suggests it's unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 09/05/2024 | Date of transaction: Sale of 99 shares of common stock. |
| 09/09/2024 | Date of signature on the Form 4 filing. |
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