Welcome to our dedicated page for Air Lease SEC filings (Ticker: AL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Air Lease Corporation (AL) filings document the aircraft lessor's material events, capital structure, governance actions, operating results, and completed corporate transition. Recent 8-K reports record the merger completion, the name change to Sumisho Air Lease Corporation, related material agreements, executive-compensation plan matters, and securities registered as Class A common stock and 3.700% Medium-Term Notes, Series A, due 2030.
The filing record also includes a Form 25 notification covering removal of the company's common stock and notes from New York Stock Exchange listing and registration. These disclosures provide the formal record of the issuer's public-company status change, shareholder and capital-structure matters, governance updates, and recurring aircraft-leasing financial disclosures.
SUMISHO AIR LEASE CORP completed a merger in which its subsidiary acquired Air Lease Corporation, and all Class A common shares were cancelled and converted into a right to receive $65.00 per share in cash. EVP Grant A. Levy reported dispositions to the issuer of 151,438 directly held shares and additional indirectly held shares at this per-share price, leaving him with zero reported shares after the transaction.
The filing notes that 5,589 unvested restricted stock units were cancelled and converted into cash-based “Converted Cash Awards” using the same $65.00 per-share price, while keeping their original vesting terms. Some of the indirectly reported shares are owned by one of Levy’s sons; Levy expressly disclaims beneficial ownership of those shares except for any pecuniary interest.
Air Lease Corporation executive vice president Kishore Korde disposed of his Class A common shares in connection with the company’s merger. On the merger’s effective date, each share of common stock was cancelled and converted into the right to receive $65.00 in cash per share.
The filing shows a disposition to the issuer of 62,853 directly held shares at $65.00 per share and several smaller indirect holdings tied to his children, for which beneficial ownership is disclaimed. In addition, 5,069 unvested restricted stock units were cancelled and converted into cash-based awards at the same per‑share price, retaining their prior vesting terms.
Air Lease executive Alex A. Khatibi disposed of his remaining shares as part of a cash merger. He transferred 91,506 shares of Air Lease Corporation Class A common stock back to the issuer at $65.00 per share in cash in connection with the merger with Sumisho Air Lease Corporation’s affiliate.
The transaction left him with 0 shares of common stock. The disposed amount includes 4,959 unvested restricted stock units, which were cancelled and converted into cash awards equal to $65.00 per unit and will continue to follow the same vesting conditions that applied before the merger’s effective time.
SUMISHO AIR LEASE CORP executive Carol Hyland Forsyte reported a disposition of all her Air Lease Corporation Class A common stock in connection with a merger. A total of 100,752 shares were cancelled and converted into the right to receive $65.00 per share in cash.
The disposition included 5,816 unvested restricted stock units, which were cancelled and converted into cash awards based on the same $65.00 per share price. These cash awards keep the same vesting terms that applied to the RSUs before the merger’s effective time. Following the transaction, Forsyte reported owning 0 shares.
SUMISHO AIR LEASE CORP executive David Beker, EVP of Marketing, reported a complete disposition of his holdings in Air Lease Corporation Class A common stock in connection with a merger. He disposed of 36,408 shares at $65.00 per share when Air Lease merged into a subsidiary of Sumisho Air Lease’s parent and became an indirect wholly owned subsidiary.
At the merger’s effective time, each outstanding Air Lease common share was cancelled and converted into the right to receive $65.00 in cash. The disposed shares include 4,472 unvested restricted stock units that were cancelled and converted into cash awards, which retain the same vesting terms as before the merger. Following the transaction, Beker reported owning zero shares directly.
SUMISHO AIR LEASE CORP, parent of Air Lease Corporation, completed a merger in which each share of Air Lease Class A common stock was cancelled and converted into the right to receive $65.00 in cash per share.
Director and CEO John L. Plueger reported dispositions to the issuer of 867,726 directly held shares, reflecting this cash-out merger consideration. A footnote explains that certain reported shares are owned by one of his sons, and he disclaims beneficial ownership except for any pecuniary interest. The filing also notes that 27,482 unvested RSUs were cancelled and converted into cash-based awards tied to the same vesting terms that applied immediately before the merger’s effective time.
Steven F. Udvar-Hazy, a director of Air Lease Corporation, reported disposing of all reported holdings of the company’s Class A common stock in connection with its acquisition by Sumisho Air Lease Corporation Designated Activity Company. Under the Agreement and Plan of Merger, Air Lease became an indirect wholly owned subsidiary of the buyer.
At the merger’s effective time, each issued and outstanding share of Air Lease Class A common stock was automatically cancelled and converted into the right to receive $65.00 per share in cash, without interest. This included unvested restricted stock units, with 56,716 RSUs cancelled and converted into cash based on the same per share price upon Udvar-Hazy’s separation from service.
The filing shows both direct and multiple indirect holdings—including shares held by his spouse, children, grandchild, and family-related entities such as Emerald Financial LLC, Air Intercontinental, Inc., Ocean Equities, Inc., and family trusts—reported as dispositions to the issuer, with post-transaction share balances reported as zero for these positions. Several footnotes state that Udvar-Hazy disclaims beneficial ownership of some family-related holdings except to the extent of his pecuniary interest.
Air Lease Corporation director Matthew J. Hart reported a disposition of his holdings in connection with the company’s merger with Sumisho Air Lease Corporation’s affiliate. At the Effective Time of the merger, 40,587 shares of Class A common stock held by Hart were automatically cancelled and converted into the right to receive $65.00 per share in cash, without interest. This total includes 2,698 unvested restricted stock units, which were also cancelled and converted into a cash payment based on the same per‑share price, subject to applicable withholding taxes. Following this merger-related cash-out, the filing shows Hart with 0 shares of Air Lease common stock.
SUMISHO AIR LEASE CORP completed a cash merger in which Takeoff Merger Sub Inc. merged into Air Lease Corporation, making Air Lease an indirect wholly owned subsidiary of Sumisho Air Lease Corporation Designated Activity Company. At the merger’s effective time, each issued and outstanding share of Class A common stock was cancelled and converted into the right to receive $65.00 per share in cash.
Director Robert A. Milton is reported as disposing of 42,527 shares of Class A common stock in a disposition to the issuer at $65.00 per share. This total includes 2,698 unvested restricted stock units, which were cancelled and converted into a cash payment based on the same per-share price when he separated from service at the merger’s effective time.
Air Lease Corporation director Ian M. Saines reported a full disposition of his equity position in connection with the company’s merger. On the merger’s effective time, 54,926.97 shares of Class A common stock were cancelled and converted into the right to receive $65.00 per share in cash, leaving him with zero shares.
The disposed equity includes 37,029.97 vested but deferred restricted stock units with related dividend equivalent rights and 2,698 unvested restricted stock units, which were similarly cancelled and converted into cash at the same per share price under the merger agreement.