Director Robert A. Milton gifts 7,700 Air Lease (NYSE: AL) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Air Lease Corp director Robert A. Milton reported a gift of company stock. On the reported date, he made a bona fide gift of 7,700 shares of Air Lease Corporation Class A Common Stock at a stated price of $0.00 per share, in line with the company’s Insider Trading Policy.
Following this gift transfer, Milton directly holds 42,527 shares of Air Lease Corporation Class A Common Stock. The filing records this as a non-derivative, bona fide gift transaction rather than an open-market sale or purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,700 shares gifted
Mixed
1 txn
Insider
Milton Robert A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Air Lease Corporation - Class A Common Stock | 7,700 | $0.00 | -- |
Holdings After Transaction:
Air Lease Corporation - Class A Common Stock — 42,527 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares gifted: 7,700 shares
Price per share: $0.00 per share
Shares held after transaction: 42,527 shares
+1 more
4 metrics
Shares gifted
7,700 shares
Bona fide gift of Class A Common Stock
Price per share
$0.00 per share
Reported value for the gift transaction
Shares held after transaction
42,527 shares
Director’s direct holdings following the gift
Gift transactions
1 gift, 7,700 shares
Aggregate gift activity in this Form 4
Key Terms
bona fide gift, Insider Trading Policy, Form 4
3 terms
bona fide gift financial
"Represents a bone fide gift made in accordance with the Issuer's Insider Trading Policy."
Insider Trading Policy regulatory
"Represents a bone fide gift made in accordance with the Issuer's Insider Trading Policy."
A written set of rules that tells employees, executives and board members what information they may not use to buy or sell a company's stock and when trading is allowed. Think of it as a playbook or house rules that prevent people with secret knowledge from getting an unfair advantage; it matters to investors because it helps protect fair markets, preserves trust in management, and reduces the risk of legal penalties that can hurt a company’s value.
Form 4 regulatory
"This post-transaction holding figure comes directly from the Form 4 and reflects his remaining direct ownership position."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Air Lease Corp (AL) disclose for Robert A. Milton?
Air Lease Corp disclosed that director Robert A. Milton made a bona fide gift of 7,700 shares of Class A Common Stock. The transaction is classified as a non-derivative gift transfer and was executed at a stated price of $0.00 per share.
What does 'bona fide gift' mean in the Air Lease Corp (AL) Form 4 filing?
In this filing, 'bona fide gift' indicates that 7,700 shares were transferred by Robert A. Milton as a genuine gift, with no sale proceeds. The footnote specifies the gift was made in accordance with the issuer’s Insider Trading Policy.
Was the Air Lease Corp (AL) insider transaction a market sale or purchase?
The transaction was not a market sale or purchase. It is coded as a 'G' transaction, meaning a bona fide gift, with 7,700 shares transferred at a reported price of $0.00 per share rather than through an open-market trade.