Air Lease (AL) EVP reports 311-share award and 129-share tax withholding

Rhea-AI Filing Summary

Air Lease Corporation EVP Kishore Korde received 311 shares of Class A common stock through the vesting of performance-based restricted stock units granted in 2023 under the company’s 2014 Equity Incentive Plan. On the same date, 129 shares were disposed of to cover tax obligations, leaving him with 64,703 directly held shares. Additional shares are reported as indirectly owned for his children, with Korde disclaiming beneficial ownership beyond any pecuniary interest.

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)
02/12/2026

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	02/12/2026		A		311(1)	A	$0	64,832	D
Air Lease Corporation - Class A Common Stock	02/12/2026		F		129	D	$64.66	64,703	D
Air Lease Corporation - Class A Common Stock								716	I	See footnote(2)
Air Lease Corporation - Class A Common Stock								199	I	See footnote(3)
Air Lease Corporation - Class A Common Stock								139	I	See footnote(3)

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. 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.

2. 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.

3. 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	02/17/2026
	** 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 did Air Lease (AL) EVP Kishore Korde report in this Form 4 filing?

Kishore Korde reported the vesting of 311 performance-based restricted stock units into Class A common shares and the disposition of 129 shares to satisfy tax obligations, resulting in 64,703 Air Lease shares held directly in his name after the transactions.

How many Air Lease (AL) shares did EVP Kishore Korde acquire in this transaction?

He acquired 311 shares of Air Lease Class A common stock at a price of $0.00 per share, reflecting the vesting of performance-based restricted stock units granted in 2023 under the Air Lease Corporation 2014 Equity Incentive Plan.

Why were 129 Air Lease (AL) shares disposed of in Kishore Korde’s Form 4?

The 129 shares were disposed of at $64.66 per share to pay the exercise price or tax liability associated with the equity award vesting, as indicated by transaction code F, which denotes a tax-withholding or exercise-price payment using shares.

How many Air Lease (AL) shares does EVP Kishore Korde hold directly after these transactions?

Following the equity award vesting and related tax-withholding disposition, Kishore Korde directly holds 64,703 shares of Air Lease Class A common stock, according to the post-transaction ownership figures reported in the Form 4 filing data.

What indirect Air Lease (AL) share holdings related to Kishore Korde are disclosed?

The filing lists indirect holdings of 716, 199, and 139 shares for his children, including shares held as custodian under the California Uniform Transfers to Minors Act. Korde expressly disclaims beneficial ownership except for any pecuniary interest in these indirectly held shares.

Are the indirect Air Lease (AL) holdings in this Form 4 fully attributed to Kishore Korde?

No. The filing explains that some shares are owned by or held for his children, and Korde expressly disclaims beneficial ownership of those shares beyond any pecuniary interest, so they are associated with him but not treated as fully his personal holdings.