Air Lease (NYSE: AL) CEO reports 14,365-share tax-withholding move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Air Lease Corporation CEO John L. Plueger reported a tax-withholding disposition of 14,365 Class A common shares at $64.85 per share. This transaction, coded "F", reflects shares withheld to cover taxes rather than an open-market sale.
After this disposition, Plueger directly owned 867,726 Air Lease Class A shares. The filing also notes 500 shares held indirectly through one of his sons, for which he expressly disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Plueger John L
Role
CEO AND PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Air Lease Corporation - Class A Common Stock | 14,365 | $64.85 | $932K |
| 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 — 867,726 shares (Direct);
Air Lease Corporation - Class A Common Stock — 500 shares (Indirect, See footnote)
Footnotes (1)
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FAQ
What insider transaction did Air Lease (AL) report for John L. Plueger?
Air Lease CEO John L. Plueger reported a tax-withholding disposition of 14,365 Class A common shares. The shares were withheld at $64.85 each to cover tax obligations, rather than sold in an open-market transaction, under transaction code F.
Was the Air Lease (AL) CEO’s Form 4 transaction a sale on the open market?
The transaction was not an open-market sale. It was coded F, indicating a tax-withholding disposition where 14,365 shares were delivered at $64.85 per share to satisfy tax liabilities tied to equity compensation.
What does transaction code F mean in the Air Lease (AL) CEO’s Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. For Air Lease, John L. Plueger used 14,365 Class A shares at $64.85 each to cover tax obligations rather than receiving cash proceeds.