Air Lease (AL) EVP reports tax withholding of 2,081 shares

Rhea-AI Filing Summary

Air Lease Corporation executive vice president Grant A. Levy reported a tax-withholding disposition of 2,081 shares of Class A common stock at $64.85 per share. This transaction satisfied tax obligations by using shares instead of cash.

After this transaction, Levy directly owned 151,438 shares. An additional 4,500 shares are owned by one of his sons; Levy expressly disclaims beneficial ownership of those shares except to the extent of any pecuniary interest.

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^*

Levy Grant A

(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)
02/25/2026

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	02/25/2026		F		2,081	D	$64.85	151,438	D
Air Lease Corporation - Class A Common Stock								4,500	I	See footnote(1)
Air Lease Corporation - Class A Common Stock								4,500	I	See footnote(1)

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. 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 to be an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purposes.

	/s/ Lauren Jaeger, Attorney-in-Fact	02/27/2026
	** 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 did Air Lease (AL) executive Grant A. Levy report on this Form 4?

Grant A. Levy reported a tax-withholding disposition of 2,081 Air Lease Class A shares. The shares were used to cover tax obligations, not as an open-market sale, and he remained a substantial direct shareholder after the transaction.

How many Air Lease (AL) shares did Grant A. Levy dispose of for taxes?

He disposed of 2,081 Class A common shares to satisfy tax obligations at a reported price of $64.85 per share. This tax-withholding transaction reduced his directly held shares but did not represent a traditional market sale.

How many Air Lease (AL) shares does Grant A. Levy hold after the transaction?

Following the tax-withholding disposition, Grant A. Levy directly owned 151,438 Air Lease Class A shares. This figure reflects his remaining direct holdings after 2,081 shares were withheld to cover tax liabilities associated with equity compensation.

What is the significance of the 4,500 Air Lease (AL) shares noted as indirect holdings?

The 4,500 shares are owned by one of Grant A. Levy’s sons and reported as indirect holdings. Levy expressly disclaims beneficial ownership of these shares, except for any pecuniary interest, clarifying they are not part of his core direct stake.

Was Grant A. Levy’s Air Lease (AL) transaction a typical share sale?

No, the Form 4 classifies it as a tax-withholding disposition under transaction code F. Shares were delivered to satisfy tax liabilities, rather than being sold in the open market as a discretionary sale by the executive.

What transaction code was used for Grant A. Levy’s Air Lease (AL) Form 4 filing?

The filing uses transaction code F, indicating payment of an exercise price or tax liability by delivering securities. This code confirms the 2,081-share disposition was tied to tax obligations rather than a standard buy-or-sell trade.