STOCK TITAN

Air Lease (NYSE: AL) EVP logs RSU vesting and share withholding

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Air Lease Corporation's Executive Vice President reported equity transactions in the company’s Class A common stock dated 12/31/2025. He acquired 29,319 shares at $0 per share from the vesting of performance-based restricted stock units granted under the Air Lease Corporation 2014 Equity Incentive Plan. To cover obligations associated with this vesting, 14,889 shares were withheld at a price of $64.23 per share. Following these transactions, he directly owned 64,521 shares and also reported several small indirect holdings (716, 199 and 139 shares) held as custodian for his children under the California Uniform Transfers to Minors Act, for which he disclaims beneficial ownership except for his pecuniary interest.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Korde Kishore

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 12/31/2025 A 29,319(1) A $0 79,410 D
Air Lease Corporation - Class A Common Stock 12/31/2025 F 14,889 D $64.23 64,521 D
Air Lease Corporation - Class A Common Stock 716 I See footnote(2)
Air Lease Corporation - Class A Common Stock 199 I See footnote(2)
Air Lease Corporation - Class A Common Stock 139 I See footnote(2)
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. Shares issued upon the vesting of performance-based restricted stock units granted under the Air Lease Corporation 2014 Equity Incentive Plan.
2. These shares are held by the reporting person as custodian for one of the reporting person's children 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.
/s/ Lauren Jaeger, Attorney-in-Fact 01/05/2026
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Air Lease (AL) report for its EVP?

The Executive Vice President of Air Lease Corporation reported equity transactions in Class A common stock on 12/31/2025, including shares from vested performance-based restricted stock units and shares withheld to cover related obligations.

How many Air Lease (AL) shares did the EVP receive from vested awards?

The EVP received 29,319 shares of Air Lease Corporation Class A common stock at $0 per share upon the vesting of performance-based restricted stock units under the 2014 Equity Incentive Plan.

How many Air Lease (AL) shares were withheld and at what price?

14,889 shares of Air Lease Corporation Class A common stock were disposed of with a transaction code "F" at a price of $64.23 per share, reflecting shares withheld in connection with the equity award vesting.

How many Air Lease (AL) shares does the EVP own directly after these transactions?

After the reported transactions, the Executive Vice President directly owned 64,521 shares of Air Lease Corporation Class A common stock.

What indirect Air Lease (AL) holdings did the EVP report?

The EVP reported indirect holdings of 716, 199, and 139 shares of Air Lease Corporation Class A common stock held as custodian for his children under the California Uniform Transfers to Minors Act.

Does the Air Lease EVP claim full beneficial ownership of the indirect shares?

No. The EVP expressly disclaims beneficial ownership of the indirectly held shares, except to the extent of his pecuniary interest, and states that including them in the report does not constitute an admission of beneficial ownership.

Air Lease Corp

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Rental & Leasing Services
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United States
LOS ANGELES