AerSale (ASLE) officer executes 7,491-share sell-to-cover under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AerSale Corp officer Gary Edmund Jones reported an automatic share sale tied to equity compensation. On this Form 4, he sold 7,491 shares of common stock at an average price of $6.3403 per share in an open-market transaction.
The footnotes explain this was a "sell to cover" trade to satisfy tax withholding obligations upon vesting and settlement of 17,845 restricted stock units previously granted to him. The transaction was effected automatically under the company’s equity plan and pursuant to a Rule 10b5-1 trading plan adopted on August 15, 2023. After the sale, Jones directly holds 162,405 AerSale shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 7,491 shares ($47,495)
Net Sell
1 txn
Insider
Jones Gary Edmund
Role
See Remarks
Sold
7,491 shs ($47K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,491 | $6.3403 | $47K |
Holdings After Transaction:
Common Stock — 162,405 shares (Direct, null)
Footnotes (1)
- Reflects a "sell to cover" transaction to cover tax withholding obligations in connection with the vesting and settlement of 17,845 restricted stock units ("RSUs") previously granted to the reporting person. Such transaction was effected automatically in accordance with the equity plan requirements and pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 15, 2023 to cover tax withholding obligations in connection with the vesting of the reporting person's RSUs. Reflects addition of shares purchased under the Issuer's ESPP, 862 shares at $5.398 in June 2026 and 944 shares at $4.93 in November 2025.
Key Figures
Shares sold: 7,491 shares
Sale price: $6.3403 per share
Post-transaction holdings: 162,405 shares
+3 more
6 metrics
Shares sold
7,491 shares
Open-market sale on June 9, 2026 to cover taxes
Sale price
$6.3403 per share
Average price for 7,491 shares sold
Post-transaction holdings
162,405 shares
Direct common stock holdings after sale
RSUs vested
17,845 RSUs
RSU vesting and settlement triggering tax sell-to-cover
ESPP purchase June 2026
862 shares at $5.398
Shares bought under ESPP in June 2026
ESPP purchase November 2025
944 shares at $4.93
Shares bought under ESPP in November 2025
Key Terms
sell to cover, restricted stock units ("RSUs"), Rule 10b5-1 trading plan, equity plan requirements, +1 more
5 terms
sell to cover financial
"Reflects a "sell to cover" transaction to cover tax withholding obligations"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
restricted stock units ("RSUs") financial
"in connection with the vesting and settlement of 17,845 restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Rule 10b5-1 trading plan regulatory
"pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
equity plan requirements financial
"Such transaction was effected automatically in accordance with the equity plan requirements"
ESPP financial
"Reflects addition of shares purchased under the Issuer's ESPP, 862 shares at $5.398"
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
FAQ
What insider transaction did AerSale (ASLE) report for Gary Edmund Jones?
AerSale reported that officer Gary Edmund Jones sold 7,491 shares of common stock at $6.3403 per share. The sale was a "sell to cover" transaction related to RSU vesting and tax withholding obligations, executed automatically under the company’s equity plan.
Was the AerSale (ASLE) insider sale by Gary Edmund Jones pre-planned under Rule 10b5-1?
Yes. The filing states the "sell to cover" transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by Jones on August 15, 2023. This plan governed sales needed to satisfy tax withholding obligations on vesting restricted stock units.
What RSU vesting event triggered the AerSale (ASLE) sell-to-cover transaction?
The transaction was triggered by the vesting and settlement of 17,845 restricted stock units previously granted to Gary Edmund Jones. To cover tax withholding obligations from this vesting, 7,491 shares were automatically sold in accordance with AerSale’s equity plan and his Rule 10b5-1 plan.