[Form 4] AIR LEASE CORP Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Air Lease Corporation executive Grant A. Levy reported equity award activity and related tax withholding. Levy acquired 348 shares of Class A common stock at no cost upon vesting of performance-based restricted stock units granted in 2023 under the company’s 2014 Equity Incentive Plan. To cover tax obligations, 144 shares were disposed of at $64.66 per share through share withholding, rather than an open-market sale. Following these transactions, Levy directly owns 153,519 shares. An additional 4,500 shares are owned by one of his sons, for which Levy 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
Levy Grant A
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Air Lease Corporation - Class A Common Stock | 348 | $0.00 | -- |
| Tax Withholding | Air Lease Corporation - Class A Common Stock | 144 | $64.66 | $9K |
| 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 — 153,663 shares (Direct);
Air Lease Corporation - Class A Common Stock — 4,500 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 transactions did Air Lease (AL) executive Grant A. Levy report on this Form 4?
Grant A. Levy reported an equity award vesting and related tax withholding. He received 348 shares of Air Lease Class A common stock from performance-based restricted stock units, and 144 shares were withheld at $64.66 per share to satisfy tax liabilities rather than sold on the open market.
What plan governed the equity award reported by Air Lease (AL) EVP Grant A. Levy?
The equity award vesting came from performance-based restricted stock units granted in 2023. These units were issued under the Air Lease Corporation 2014 Equity Incentive Plan, which provides stock-based compensation such as restricted stock units to company executives and other eligible participants.