Air Lease Corporation EVP Kishore Korde received 311 shares of Class A common stock through the vesting of performance-based restricted stock units granted in 2023 under the company’s 2014 Equity Incentive Plan. On the same date, 129 shares were disposed of to cover tax obligations, leaving him with 64,703 directly held shares. Additional shares are reported as indirectly owned for his children, with Korde disclaiming beneficial ownership beyond any pecuniary interest.
Air Lease Corporation EVP Alex A. Khatibi reported equity compensation activity in company stock. On February 12, 2026, he acquired 308 shares of Class A common stock at $0.00 per share, issued upon vesting of performance-based restricted stock units granted in 2023 under the 2014 Equity Incentive Plan. On the same date, 127 shares were disposed of at $64.66 per share to satisfy tax withholding obligations. After these transactions, he directly owned 93,321 shares of Air Lease Class A common stock.
Air Lease Corporation executive Carol Hyland Forsyte reported routine equity compensation activity. On a Form 4, she acquired 311 shares of Class A common stock at $0.0000 per share as part of a grant or award, increasing her holdings to 102,905 shares before subsequent withholding.
On the same date, 129 shares were disposed of at $64.6600 per share to cover tax liabilities through share delivery, a standard tax-withholding disposition. After these transactions, she directly owned 102,776 shares. A footnote explains the shares were issued upon vesting of performance-based restricted stock units granted in 2023 under the company’s 2014 Equity Incentive Plan.
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.