[Form 4] AIR LEASE CORP Insider Trading Activity
Rhea-AI Filing Summary
Air Lease Corporation director Steven F. Udvar-Hazy reported a bona fide gift transfer of 60,000 shares of Class A common stock. The transaction, dated March 5, 2026, is coded as a gift, with a per-share price of $0.00, reflecting that no cash changed hands.
After this gift, one reported indirect holding shows 895,526 shares, while a separate line discloses 1,325,528 shares held directly. Additional lines list indirect positions in various amounts held through family members, trusts, and entities such as Emerald Financial LLC, Air Intercontinental, Inc., Ocean Equities, Inc., and the Hazy Family Community Property Trust.
The footnotes explain that some shares are owned by Udvar-Hazy’s spouse, children, and grandchildren, and that he expressly disclaims beneficial ownership of those family-held shares except to the extent of his pecuniary interest, even though they are reported for Section 16 purposes.
Positive
- None.
Negative
- None.
Insights
Form 4 shows a sizable but non-cash insider gift, with updated family and trust holdings.
The filing reports that entities associated with director Steven F. Udvar-Hazy made a bona fide gift of 60,000 Air Lease Class A shares on March 5, 2026. The transaction carries a price of $0.00 per share, underscoring that this is a transfer, not a market sale.
Post-transaction, the report lists 1,325,528 shares held directly and multiple indirect positions, including 895,526 shares in one indirect account and other blocks held through family trusts, LLCs, and corporate entities. Footnotes clarify that some shares are owned by his spouse, children, and grandchildren, with explicit disclaimers of beneficial ownership except for his pecuniary interest.
This type of filing is typically interpreted as estate or family planning rather than a valuation signal, since no shares were sold for cash. The net effect is a recorded disposition by gift, while updating how direct and indirect interests in Air Lease stock are allocated across related parties and vehicles.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Air Lease Corporation - Class A Common Stock | 60,000 | $0.00 | -- |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
| holding | Air Lease Corporation- Class A Common Stock | -- | -- | -- |
| holding | Air Lease Corporation- Class A Common Stock | -- | -- | -- |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
| holding | Air Lease Corporation - Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Represents bone fide gifts made in accordance with the Issuer's Insider Trading Policy. These shares are held by the Udvar-Hazy Separate Property Trust, of which the reporting person is the trustee. These shares are owned by the reporting person's wife. 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 purpose. These shares are owned by one of the reporting person's daughters. 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 purpose. 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 an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose. These shares are held by the reporting person as custodian for one of the reporting person's grandchildren 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. These shares are held by Emerald Financial LLC. A separate trust for each of the reporting person's four children owns 25% of the membership interests of Emerald LLC. 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 purpose. These shares are held by Air Intercontinental, Inc., of which the reporting person is the sole stockholder. These shares are held by Ocean Equities, Inc. which is 100% owned by the Hazy Family Community Property Trust 5/28/85 of which the reporting person is the trustee and beneficial owner. These shares are held by the Hazy Family Community Property Trust 5/28/85, of which the reporting person is the trustee and beneficial owner.
