Air Lease Corp (AL) director updates Form 4/A to correct 500-share stock sale

Rhea-AI Filing Summary

Air Lease Corp (AL) director files amended insider trading report updating a previously reported family stock sale. On December 11, 2025, the director’s daughter sold 500 shares of Air Lease Class A common stock at $63.97 per share. A prior filing had inadvertently reported a sale of 1,000 shares, and this amendment corrects that error.

The report also lists the director’s substantial direct and indirect holdings in Air Lease stock, including shares held personally, by his spouse, children, grandchildren, and multiple family trusts and entities. For many of these positions, the director expressly disclaims beneficial ownership beyond any economic interest, clarifying that inclusion in the report is not an admission of full ownership for regulatory purposes.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

UDVAR-HAZY STEVEN F

(Last) (First) (Middle)

C/O AIR LEASE CORPORATION

2000 AVENUE OF THE STARS, SUITE 1000N

(Street)

LOS ANGELES CA 90067

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AIR LEASE CORP [ AL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
12/11/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Air Lease Corporation - Class A Common Stock	12/11/2025		S		500(1)	D	$63.97	14,550	I	See footnote(2)
Air Lease Corporation - Class A Common Stock								1,428,366	D
Air Lease Corporation - Class A Common Stock								31,745	I	See footnote(3)
Air Lease Corporation - Class A Common Stock								19,500	I	See footnote(2)
Air Lease Corporation - Class A Common Stock								10,000	I	See footnote(4)
Air Lease Corporation - Class A Common Stock								21,500	I	See footnote(4)
Air Lease Corporation - Class A Common Stock								1,300	I	See footnote(5)
Air Lease Corporation- Class A Common Stock								1,300	I	See footnote(5)
Air Lease Corporation- Class A Common Stock								1,300	I	See footnote(5)
Air Lease Corporation - Class A Common Stock								33,000	I	See footnote(6)
Air Lease Corporation - Class A Common Stock								324,350	I	See footnote(7)
Air Lease Corporation - Class A Common Stock								100,000	I	See footnote(8)
Air Lease Corporation - Class A Common Stock								2,680,000	I	See footnote(9)
Air Lease Corporation - Class A Common Stock								993,658	I	See footnote(10)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On December 11, 2025, the Reporting Person filed a Form 4 which inadvertently reported that his daughter had sold 1,000 shares of Class A common stock. As reported in this amendment, she actually sold 500 shares of Class A common stock.

2. These shares are owned by one of the reporting person's daughters. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.

3. These shares are owned by the reporting person's wife. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.

4. These shares are owned by one of the reporting person's sons. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.

5. These shares are held by the reporting person as custodian for one of the reporting person's grandchildren under the California Uniform Transfers to Minors Act. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.

6. These shares are held by Emerald Financial LLC. A separate trust for each of the reporting person's four children owns 25% of the membership interests of Emerald LLC. Inclusion of these shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.

7. These shares are held by Air Intercontinental, Inc., of which the reporting person is the sole stockholder.

8. These shares are held by Ocean Equities, Inc. which is 100% owned by the Hazy Family Community Property Trust 5/28/85 of which the reporting person is the trustee and beneficial owner.

9. These shares are held by the Hazy Family Community Property Trust 5/28/85, of which the reporting person is the trustee and beneficial owner.

10. These shares are held by the Udvar-Hazy Separate Property Trust, of which the reporting person is the trustee.

	/s/ Lauren Jaeger, Attorney-in-Fact	12/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did the Air Lease Corp (AL) Form 4/A amendment correct?

The amendment corrects an earlier insider report to show that the director’s daughter sold 500 shares of Air Lease Class A common stock on December 11, 2025, rather than 1,000 shares as previously reported.

What was the sale price of the Air Lease (AL) shares in this insider transaction?

The director’s daughter sold 500 shares of Air Lease Class A common stock at a price of $63.97 per share.

What is the reporting person’s relationship to Air Lease Corp (AL)?

The reporting person is a director of Air Lease Corp, as indicated in the filing.

How many Air Lease (AL) shares does the director hold directly after the reported transaction?

Following the reported transaction, the director beneficially owns 1,428,366 shares of Air Lease Class A common stock in a direct ownership capacity.

What types of indirect Air Lease (AL) holdings are disclosed for the director?

The filing discloses indirect holdings through family members, custodial accounts for grandchildren, and multiple family trusts and entities such as Emerald Financial LLC, Air Intercontinental, Inc., Ocean Equities, Inc., the Hazy Family Community Property Trust 5/28/85, and the Udvar-Hazy Separate Property Trust.

Does the director claim full beneficial ownership of all reported indirect Air Lease (AL) shares?

No. For shares held by his wife, children, grandchildren, and certain entities and trusts, the director expressly disclaims beneficial ownership except to the extent of his pecuniary interest and states that their inclusion is not an admission of beneficial ownership.