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.
This page provides access to U.S. Securities and Exchange Commission filings for Air Lease Corporation (NYSE: AL), a global aircraft leasing company based in Los Angeles, California. Through these filings, investors can review detailed information on the company’s financial condition, capital structure, fleet metrics, and the terms and progress of its pending merger with a new holding company owned by Sumitomo Corporation, SMBC Aviation Capital Limited, and affiliates of Apollo and Brookfield.
Air Lease’s SEC filings include periodic reports and multiple current reports on Form 8-K. Recent 8-K filings describe the Agreement and Plan of Merger under which an indirect wholly owned subsidiary of the holding company will merge with and into Air Lease, with Air Lease surviving as an indirect wholly owned subsidiary. These filings outline the cash consideration of $65.00 per share for Class A common stock, the treatment of preferred stock and equity awards, the required regulatory and stockholder approvals, and the absence of a financing contingency.
Additional 8-Ks provide updates on key milestones such as the expiration of the Hart-Scott-Rodino waiting period, stockholder approval of the merger agreement and related proposals at a special meeting, and supplemental proxy disclosures addressing valuation analyses and projected financial information. Other filings discuss insurance recoveries related to aircraft detained in Russia, including settlement agreements and the impact on reported write-offs, as well as earnings-related releases furnished under Items 2.02 and 7.01.
On Stock Titan, these filings are available with AI-powered summaries that help explain complex sections, such as merger terms, executive compensation arrangements, and litigation or regulatory disclosures. Users can quickly identify items related to the merger, capital markets activities, and significant portfolio events, and then drill down into the full text of Forms 10-K, 10-Q, 8-K, and related exhibits for deeper analysis.
For those researching AL’s regulatory history, this page serves as a centralized view of the company’s SEC reporting, including material events leading up to and surrounding the proposed acquisition.
Air Lease Corporation executive David Beker reported routine equity compensation transactions. He acquired 140 shares of Class A common stock at no cost from the vesting of performance-based restricted stock units granted in 2023 under the company’s 2014 Equity Incentive Plan. To cover related tax obligations, 49 shares were disposed of through a tax-withholding transaction at $64.66 per share. Following these entries, he directly owns 36,408 shares of Air Lease Class A common stock.
Air Lease Corporation reports strong 2025 results and details its planned sale. Total revenues rose 10.3% to $3.0 billion, driven by fleet growth, higher lease yields and more aircraft sales. Net income attributable to common stockholders jumped to $1.0 billion, or $9.29 per diluted share, helped by a $736.4 million net benefit from insurance settlements on aircraft detained in Russia.
The company ended 2025 with 490 owned aircraft and fleet net book value of $29.1 billion, plus $28.9 billion of committed minimum future rental payments. Liquidity was $7.5 billion against $19.9 billion of largely unsecured debt at a 4.15% composite cost of funds. Air Lease has 218 aircraft on order with $12.6 billion of commitments and high placement levels into 2031.
Air Lease has agreed to be acquired for $65.00 in cash per Class A share by a consortium-backed parent, with closing anticipated in the first half of 2026, subject to customary conditions. The merger will transfer the company’s orderbook and related future lease rentals after closing to SMBC Aviation Capital, and imposes interim restrictions on new debt, asset sales and aircraft orders.
Air Lease Corporation reported strong fourth quarter and full year 2025 results, with both revenue and earnings rising sharply. Quarterly revenue reached $820.4 million, up 15.1% from 2024, while net income attributable to common stockholders nearly doubled to $169.9 million, or $1.51 per diluted share.
For 2025, revenue grew to $3.02 billion, up 10.3%, and net income to common stockholders jumped to $1.04 billion, or $9.29 per diluted share, largely boosted by $736.4 million of recoveries related to aircraft detained in Russia. Adjusted net income before income taxes rose to $718.4 million and adjusted diluted earnings per share before income taxes increased to $6.40, reflecting underlying growth despite higher depreciation and interest expense.
The company highlighted record quarterly and annual revenues, strong aircraft trading gains, and a fleet of 490 owned and 45 managed aircraft with $28.9 billion of committed future rentals. Shareholders approved a merger with Sumisho Air Lease’s parent in December, with closing anticipated in the first half of 2026, and the board declared a $0.22 per share quarterly dividend payable April 7, 2026.
The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership of 11,424,772 shares of Air Lease Corp common stock, representing 10.22% of the class as of 12/31/2025.
The firm reports shared voting power over 790,460 shares and shared dispositive power over all 11,424,772 shares, with no sole voting or dispositive authority. Vanguard states the shares are held in the ordinary course of business and not to change or influence control of Air Lease. It also notes an internal realignment effective January 12, 2026, after which certain subsidiaries are expected to report beneficial ownership separately.
Steven F. Udvar-Hazy filed an amended Schedule 13G reporting his beneficial ownership of Air Lease Corporation Class A common stock as of December 31, 2025. He may be deemed to beneficially own 5,340,156 shares, representing 4.76% of the Class A common stock outstanding, based on 112,129,692 shares deemed outstanding on that date.
The position spans shares held directly by Mr. Udvar-Hazy, several entities and trusts where he has sole voting and investment power, restricted stock units for 94,284 shares vesting within 60 days of December 31, 2025, and shares held by family members. He expressly disclaims beneficial ownership of shares held directly by his wife and children except to the extent of his pecuniary interest. The filing confirms that his ownership is now 5% or less of the class.
Dimensional Fund Advisors LP reports a passive ownership position in Air Lease Corp common stock as of 12/31/2025. Dimensional is an investment adviser that may be deemed to have voting and investment power over shares held in client funds, but states that all of the reported securities are owned by those funds and disclaims beneficial ownership except for Section 13(d) purposes.
The filing shows Dimensional with 3,783,714 shares beneficially owned, representing 3.4% of Air Lease’s common stock class. It has sole power to vote 3,607,060 shares and sole power to dispose of 3,783,714 shares. Dimensional also notes that each underlying fund’s interest is below 5% of the class, and certifies that the holdings are in the ordinary course of business and not for the purpose of changing or influencing control of Air Lease.
Air Lease Corporation describes compensation and tax-related steps tied to its previously announced merger with Sumisho Air Lease Corporation Designated Activity Company. The board’s Compensation Committee approved accelerating into December 2025 the vesting and payment of the target 2025 annual cash bonus for certain employees, including named executive officers John L. Plueger, Grant A. Levy, Carol H. Forsyte and Gregory B. Willis. For Mr. Plueger, the company also accelerated the vesting and settlement of 43,093 shares from his 2024 TSR RSU award and 100,549 shares from his 2024 book value RSU award, based on estimated performance levels of 150% and 175%.
These actions are intended to address potential “excess parachute payments” under Sections 280G and 4999 of the Internal Revenue Code, preserving corporate tax deductions and reducing possible excise taxes for executives in connection with the merger. As a condition, each named executive officer entered into an Acceleration and Clawback Agreement dated December 31, 2025, requiring potential repayment or true-up of accelerated amounts under specified conditions.
Air Lease Corporation executive reports equity award vesting and tax withholding transactions. The EVP, Marketing of Air Lease Corp (AL) reported multiple transactions in Class A common stock dated 12/31/2025. The filing shows performance-based restricted stock units granted in 2023, 2024 and 2025 vesting and converting into shares at a price of $0 per share, while separate entries reflect shares withheld at $64.23 per share to cover tax obligations through net settlement.
The 2024 and 2025 performance-based RSU vesting was accelerated as part of a Section 280G mitigation effort related to pending transactions under an Agreement and Plan of Merger dated September 1, 2025 among Air Lease Corporation, Sumisho Air Lease Corporation Designated Activity Company and Takeoff Merger Sub Inc. Following these transactions, the reporting person directly beneficially owned 36,317 shares of Air Lease Class A common stock.
Air Lease Corp CEO and President, who also serves as a director, reported multiple transactions in Class A common stock dated December 31, 2025. The filing shows the vesting of 171,338 shares from performance-based restricted stock units granted in 2023 under the Air Lease Corporation 2014 Equity Incentive Plan, and an additional 143,642 performance-based restricted stock units granted in 2024 that vested at this time.
The 2024 awards were originally scheduled to vest based on performance through December 31, 2026, but a portion vested early to help mitigate potential tax effects under Sections 280G and 4999 of the Internal Revenue Code related to pending merger transactions under an Agreement and Plan of Merger dated September 1, 2025. To cover tax obligations, the reporting person had 87,007 and 72,942 shares withheld or surrendered at a price of $64.23 per share. After these transactions, the reporting person directly owned 880,972 shares, with an additional 500-share positions reported as indirectly owned by a son, for which beneficial ownership is expressly disclaimed except for any pecuniary interest.
Air Lease Corporation’s Executive Vice President and Chief Financial Officer reported equity transactions in the company’s Class A common stock. On 12/31/2025, the officer acquired 29,061 shares at $0 per share, reflecting the vesting of performance-based restricted stock units granted under the Air Lease Corporation 2014 Equity Incentive Plan. On the same date, the officer disposed of 14,758 shares at a price of $64.23 per share. Following these transactions, the officer directly beneficially owned 70,711 shares of Air Lease Corporation Class A common stock.