Air Lease director logs tax-share disposition
Air Lease Corporation director Steven F. Udvar-Hazy reported a tax-related share disposition.
Rhea-AI Filing Summary
Air Lease Corporation director Steven F. Udvar-Hazy reported a tax-related share disposition. He transferred 37,696 shares of Class A common stock on February 25, 2026 at $64.85 per share to satisfy tax obligations, leaving 1,325,528 shares held directly.
The filing also lists several indirect holdings in Air Lease stock related to his wife, children, grandchildren, an LLC, corporations, and family trusts. He expressly disclaims beneficial ownership of many of these indirect positions except for any pecuniary interest, and their inclusion is not an admission of beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 37,696 shares
Exercise Price or Tax Liability
14 txns
Insider
UDVAR-HAZY STEVEN F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Air Lease Corporation - Class A Common Stock | 37,696 | $64.85 | $2.44M |
| 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 | -- | -- | -- |
Holdings After Transaction:
Air Lease Corporation - Class A Common Stock — 1,325,528 shares (Direct);
Air Lease Corporation - Class A Common Stock — 4,115,971 shares (Indirect, See footnote);
Air Lease Corporation- Class A Common Stock — 2,600 shares (Indirect, See footnote)
Footnotes (9)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. These shares are held by Air Intercontinental, Inc., of which the reporting person is the sole stockholder.
- F7. 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.
- F8. 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.
- F9. These shares are held by the Udvar-Hazy Separate Property Trust, of which the reporting person is the trustee.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Steven F. Udvar-Hazy report at Air Lease Corp (AL)?
Steven F. Udvar-Hazy reported a tax-related disposition of shares. He delivered 37,696 shares of Air Lease Class A common stock on February 25, 2026 to cover tax obligations, rather than executing an open-market sale, according to the Form 4 disclosure.
Were Steven Udvar-Hazy’s Air Lease (AL) transactions open-market sales or tax withholding?
The reported disposition was for tax withholding, not an open-market sale. The Form 4 uses transaction code F, indicating payment of an exercise price or tax liability by delivering securities rather than selling shares on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
