Form 4: Willis Lease Finance Corp: Former Director Robert J. Keady Reports Sale of Common Stock

Sentiment:

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

DateDescription
09/05/2024Date of transaction: Sale of 99 shares of common stock.
09/09/2024Date of signature on the Form 4 filing.

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