Air Lease (NYSE: AL) EVP receives stock award with tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Air Lease Corporation executive Carol Hyland Forsyte reported routine equity compensation activity. On a Form 4, she acquired 311 shares of Class A common stock at $0.0000 per share as part of a grant or award, increasing her holdings to 102,905 shares before subsequent withholding.
On the same date, 129 shares were disposed of at $64.6600 per share to cover tax liabilities through share delivery, a standard tax-withholding disposition. After these transactions, she directly owned 102,776 shares. A footnote explains the shares were issued upon vesting of performance-based restricted stock units granted in 2023 under the company’s 2014 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Forsyte Carol Hyland
Role
EVP, GC, CORP SECRETARY & CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Air Lease Corporation - Class A Common Stock | 311 | $0.00 | -- |
| Tax Withholding | Air Lease Corporation - Class A Common Stock | 129 | $64.66 | $8K |
Holdings After Transaction:
Air Lease Corporation - Class A Common Stock — 102,905 shares (Direct)
Footnotes (1)
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FAQ
What did Air Lease (AL) executive Carol Hyland Forsyte report on this Form 4?
Carol Hyland Forsyte reported equity compensation activity involving company stock. She received 311 shares through the vesting of performance-based restricted stock units and had 129 shares withheld to cover taxes, reflecting a routine compensation and tax-withholding event.
What plan governed the equity award reported by Air Lease (AL) in this Form 4?
The equity award came from the Air Lease Corporation 2014 Equity Incentive Plan. The footnote explains that the 311 shares were issued upon vesting of performance-based restricted stock units granted to the executive in 2023 under this long-term incentive program.