Form 144 shows planned insider sale of Air Lease Class A stock
Rhea-AI Filing Summary
Air Lease Corporation (AL) insiders have filed a Form 144 to sell additional shares of Class A common stock. The notice covers a proposed sale of 7,000 shares through J.P. Morgan Securities LLC on the NYSE, with an aggregate market value of 446,600 and 111,765,032 shares of Class A common stock shown as outstanding as of the notice date.
The 7,000 shares to be sold were originally acquired in a private placement from the issuer on 05/17/2013 for cash, with payment dated 05/17/2010. The filing also lists multiple sales of Class A common stock over the past three months by related holders such as the Hazy Family Community Property Trust, the Udvar-Hazy Separate Property Trust, Steven Udvar-Hazy and certain family members, and Ocean Equities, Inc., each disclosing specific sale dates, share amounts, and gross proceeds. The signer represents that they are not aware of any undisclosed material adverse information about Air Lease’s current or prospective operations.
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FAQ
What does Air Lease (AL)'s latest Form 144 filing disclose?
The Form 144 filing discloses an intended sale of 7,000 shares of Air Lease Corporation Class A common stock through J.P. Morgan Securities LLC on the NYSE, with an indicated aggregate market value of 446,600 and 111,765,032 shares of Class A common stock shown as outstanding.
What assurances does the seller give about Air Lease (AL) information in this Form 144?
The person for whose account the securities are to be sold represents by signing that they do not know any material adverse information regarding the current or prospective operations of the issuer that has not been publicly disclosed.