4/A: Willis Lease Finance EVP Amends Stock Ownership Filing
Amendment to Insider Ownership Report
Willis Lease Finance Corp's EVP, General Counsel, and Secretary, Dean Michael Poulakidas, amended a Form 4 to report the cancellation of 4,308 shares of common stock.
Summary
- Dean Michael Poulakidas, Executive Vice President, General Counsel, and Secretary of Willis Lease Finance Corp (WLFC), filed an amended Form 4.
- The amendment reports the cancellation of 4,308 shares of common stock.
- This cancellation was inadvertently omitted from the original Form 4 filed on May 14, 2025.
- Following this reported transaction, Poulakidas directly beneficially owns 152,107 shares of common stock.
Sentiment
Score: 5
Explanation: Neutral. This is an administrative correction of an insider transaction, not indicative of positive or negative company performance or sentiment.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Reporting Compliance | Amendment filed to correct an inadvertent omission of a securities cancellation from a previously filed Form 4, ensuring accurate disclosure of insider beneficial ownership. | 05/14/2025 (original transaction date) | Reinforces transparency and adherence to SEC reporting requirements, improving the accuracy of public records regarding executive stock holdings. |
Stakeholder Impact
- Shareholders: Provides updated, accurate information on an executive's direct beneficial ownership, enhancing transparency.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of the original transaction and original Form 4 filing, which is being amended. |
| 11/19/2025 | Date the amended Form 4 was signed by Dean M. Poulakidas. |
Keywords
Willis Lease Finance Corp, WLFC, Form 4/A, insider trading, beneficial ownership, common stock, Dean Michael Poulakidas, SEC filing, stock cancellation
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