[Form 4] AIR LEASE CORP Insider Trading Activity

Rhea-AI Filing Summary

Grant A. Levy, Executive Vice President of Air Lease Corporation (AL), reported a sale of 5,000 shares of Class A common stock on 09/12/2025 at a weighted average price of $63.5711 per share, with sale prices ranging from $63.57 to $63.575. After the sale, Mr. Levy directly beneficially owned 141,316 shares. The filing also reports 4,500 Class A shares held indirectly by one of the reporting person’s sons, which Mr. Levy disclaims beneficial ownership of except for any pecuniary interest. The Form 4 was signed by an attorney-in-fact on 09/16/2025.

Positive

• Timely and complete disclosure of the insider sale and indirect family holdings consistent with Section 16 reporting requirements
• Explicit disclaimer of beneficial ownership for the 4,500 shares held by the reporting person’s son, clarifying ownership status

Negative

• Insider sale of 5,000 shares by an executive may be interpreted negatively by some investors despite no additional context

Insights

Securities Analyst

TL;DR: Insider sale of 5,000 AL shares at ~$63.57 reduces direct holdings to 141,316; indirect holdings of 4,500 are disclaimed.

The transaction is a routine Section 16 disclosure showing an executive-level sale rather than an option exercise or derivative transaction. The disclosed weighted average sale price is $63.5711, with specific trade prices disclosed within a narrow range, indicating the sales were executed over multiple trades on the same date. The continued disclosure of indirect ownership for family holdings follows standard reporting practice and the reporting person disclaims beneficial ownership except for pecuniary interest. There is no indication of derivative activity or other material corporate events in this filing.

Corporate Governance Specialist

TL;DR: This Form 4 is a routine compliance filing documenting an executive sale and family-held shares; no governance red flags evident.

The filing documents an open-market sale by an EVP and properly discloses indirect family holdings with an explicit disclaimer. The sale appears limited in size and price range, and there are no accompanying amendments, new grants, or conversions reported. From a governance perspective, the filing satisfies transparency requirements under Section 16 without revealing material corporate governance changes.

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

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)
09/12/2025

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	09/12/2025		S		5,000	D	$63.5711(1)	141,316	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. The price reported in Column 4 is the weighted average sales price. These shares were sold in multiple transactions at prices ranging from $63.57 to $63.575, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 1 to this Form 4.

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	09/16/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Grant A. Levy (AL) report on Form 4?

The filing reports a sale of 5,000 Class A shares on 09/12/2025 at a weighted average price of $63.5711, leaving 141,316 shares directly owned.

Are there any indirect holdings reported by the reporting person?

Yes, the Form 4 reports 4,500 Class A shares held by one of the reporting person’s sons, and the reporting person disclaims beneficial ownership except for any pecuniary interest.

Was the sale a single trade or multiple trades?

The filing states the shares were sold in multiple transactions at prices ranging from $63.57 to $63.575, with a weighted average of $63.5711.

Does the Form 4 show any derivative transactions or option exercises?

No. Table II (derivative securities) contains no reported transactions; only a non-derivative sale is disclosed.

Who signed the Form 4 and when?

The Form 4 was signed by Lauren Jaeger, Attorney-in-Fact on 09/16/2025.