[Form 4] AIR LEASE CORP Insider Trading Activity

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.

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

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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^*

Levy Grant A

(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		348(1)	A	$0	153,663	D
Air Lease Corporation - Class A Common Stock	02/12/2026		F		144	D	$64.66	153,519	D
Air Lease Corporation - Class A Common Stock								4,500	I	See footnote(2)
Air Lease Corporation - Class A Common Stock								4,500	I	See footnote(2)

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 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.

	/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).
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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.

How many Air Lease (AL) shares did Grant A. Levy acquire in the latest filing?

Levy acquired 348 shares of Air Lease Class A common stock. These shares were issued upon vesting of performance-based restricted stock units granted in 2023 under the Air Lease Corporation 2014 Equity Incentive Plan, and they increased his direct share ownership position in the company.

Why were 144 Air Lease (AL) shares disposed of in Grant A. Levy’s Form 4?

The 144 shares were disposed of to satisfy tax obligations from the vesting event. They were withheld at $64.66 per share as a tax-withholding disposition, meaning the shares paid the exercise price or tax liability instead of being sold in an open-market transaction.

What is Grant A. Levy’s direct Air Lease (AL) share ownership after these transactions?

After the reported award vesting and tax withholding, Levy directly holds 153,519 shares of Air Lease Class A common stock. This figure reflects both the 348 shares acquired from vesting and the 144 shares withheld to cover taxes as disclosed in the Form 4 filing.

How are the 4,500 additional Air Lease (AL) shares reported for Grant A. Levy treated?

The Form 4 lists 4,500 shares owned by one of Levy’s sons as indirect holdings. Levy expressly disclaims beneficial ownership of these shares, except for any pecuniary interest, and their inclusion is not an admission of beneficial ownership for Section 16 or other purposes.

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.