Air Lease Corp (AL) EVP logs 1,850-share tax-withholding stock disposition
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Korde Kishore
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Air Lease Corporation - Class A Common Stock | 1,850 | $64.85 | $120K |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
| 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 — 62,853 shares (Direct);
Air Lease Corporation - Class A Common Stock — 716 shares (Indirect, See footnote)
Footnotes (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. 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.
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.
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 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.