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Air Lease Corp (AL) EVP logs 1,850-share tax-withholding stock disposition

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Air Lease Corp executive vice president Kishore Korde reported a tax-related share disposition and updated his holdings in Class A common stock. On February 25, 2026, he disposed of 1,850 shares at $64.85 per share through a transaction coded as a tax-withholding payment, leaving 62,853 shares held directly. He also reported indirect holdings of 716, 199, and 139 shares tied to his children, for which he expressly disclaims beneficial ownership except for any pecuniary interest.

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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)
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 1,850 D $64.85 62,853 D
Air Lease Corporation - Class A Common Stock 716 I See footnote(1)
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. These shares are owned by one of the reporting person's children. 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.
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 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 insider transaction did Kishore Korde report at AIR LEASE CORP (AL)?

Kishore Korde reported a tax-withholding disposition of 1,850 Air Lease Class A shares. The shares were used to satisfy tax obligations, not as an open-market sale, and were priced at $64.85 per share on February 25, 2026.

How many AIR LEASE CORP (AL) shares does Kishore Korde now hold directly?

After the reported transaction, Kishore Korde holds 62,853 Air Lease Class A shares directly. This figure reflects his position following the 1,850-share tax-withholding disposition reported for February 25, 2026, according to the Form 4 disclosure.

Was the AIR LEASE CORP (AL) Form 4 transaction an open-market sale?

The Form 4 describes the 1,850-share transaction as a tax-withholding disposition, not an open-market sale. The transaction code F indicates shares were delivered to cover tax liabilities associated with equity compensation on February 25, 2026.

What was the share price in Kishore Korde’s AIR LEASE CORP (AL) tax-withholding transaction?

The tax-withholding disposition used a price of $64.85 per Air Lease Class A share. This price applied to 1,850 shares delivered on February 25, 2026, to satisfy tax obligations related to equity awards, as disclosed in the Form 4.

What indirect AIR LEASE CORP (AL) holdings did Kishore Korde report?

He reported indirect holdings of 716, 199, and 139 Air Lease Class A shares associated with his children. Footnotes state he disclaims beneficial ownership of these shares, except for any pecuniary interest, and they are included for Section 16 reporting purposes.

How do the Form 4 footnotes describe Kishore Korde’s indirect AIR LEASE CORP (AL) holdings?

Footnotes explain some shares are owned by a child and others held by Korde as custodian under the California Uniform Transfers to Minors Act. He expressly disclaims beneficial ownership of these shares except for any pecuniary interest, despite reporting them.
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