Air Lease (AL) CEO logs stock award vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Air Lease Corporation CEO John L. Plueger reported equity compensation activity in Class A common stock. He acquired 1,819 shares at no cost through the vesting of performance-based restricted stock units granted in 2023 under the company’s 2014 Equity Incentive Plan. To satisfy tax obligations, 700 shares were disposed of at $64.66 per share via share withholding, leaving him with 882,091 directly owned shares. The filing also lists two indirect holdings of 500 shares each owned by one of his sons, for which he expressly disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Plueger John L
Role
CEO AND PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Air Lease Corporation - Class A Common Stock | 1,819 | $0.00 | -- |
| Tax Withholding | Air Lease Corporation - Class A Common Stock | 700 | $64.66 | $45K |
| 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 — 882,791 shares (Direct);
Air Lease Corporation - Class A Common Stock — 500 shares (Indirect, See footnote)
Footnotes (1)
- Shares issued upon the vesting of performance-based restricted stock units granted to the reporting person in 2023 under the Air Lease Corporation 2014 Equity Incentive Plan. 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.
FAQ
What did Air Lease (AL) CEO John L. Plueger report in this Form 4?
John L. Plueger reported an equity award vesting and related tax share withholding in Air Lease Class A common stock. He received 1,819 shares from performance-based RSUs and had 700 shares withheld at $64.66 to cover tax obligations.
What equity plan is referenced in the Air Lease (AL) CEO’s Form 4?
The Form 4 references the Air Lease Corporation 2014 Equity Incentive Plan. The 1,819 shares acquired by CEO John L. Plueger were issued upon vesting of performance-based restricted stock units granted to him in 2023 under this equity compensation plan.