Air Lease insider Form 4 shows 12,937-share stock gift by director

Rhea-AI Filing Summary

Air Lease Corporation director reports a stock gift. A board member of AIR LEASE CORP (ticker AL) reported a bona fide gift of 12,937 shares of Class A common stock on 11/14/2025, at a reported price of $0 per share, as is typical for gifts. Following this transaction, the director beneficially owns 39,477.03 shares of Class A common stock. This total includes restricted stock units that were credited through dividend equivalent rights when dividends were paid on Air Lease’s Class A shares.

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^*

LARSEN MARSHALL O

(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)
11/14/2025

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	11/14/2025		G		12,937	D	$0	39,477.03(1)	D

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. Includes restricted stock units received pursuant to dividend equivalent rights which were credited to the reporting person when and as dividends were paid on the Issuer's Class A Common Stock.

	/s/ Lauren Jaeger, Attorney-in-Fact	11/17/2025
	** 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).
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FAQ

What insider transaction did Air Lease (AL) report in this Form 4?

A director of Air Lease Corporation (AL) reported a bona fide gift of 12,937 shares of Class A common stock on 11/14/2025, at a reported price of $0 per share.

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

After the gift, the director beneficially owns 39,477.03 shares of Air Lease Class A common stock.

What type of security was involved in the Air Lease (AL) insider transaction?

The transaction involved Air Lease Corporation Class A common stock, reported in Table I for non-derivative securities.

Were any derivative securities reported in this Air Lease (AL) Form 4 filing?

No derivative securities were reported as acquired, disposed of, or held in Table II of this filing.

What does the explanation about restricted stock units mean in the Air Lease (AL) filing?

The filing notes that the reported holdings include restricted stock units received through dividend equivalent rights, which were credited when dividends were paid on the Class A common stock.

Who signed the Air Lease (AL) Form 4 and on what date?

The Form 4 was signed by /s/ Lauren Jaeger, Attorney-in-Fact on 11/17/2025.