Air Lease (AL) EVP reports tax withholding of 2,081 shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Levy Grant A
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Air Lease Corporation - Class A Common Stock | 2,081 | $64.85 | $135K |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Air Lease Corporation - Class A Common Stock — 151,438 shares (Direct);
Air Lease Corporation - Class A Common Stock — 4,500 shares (Indirect, See footnote)
Footnotes (1)
- [object Object]
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.
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.