STOCK TITAN

AerSale (ASLE) officer executes 7,491-share sell-to-cover under Rule 10b5-1 plan

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
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 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)
  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.
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
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.
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SEC Form 4
FORM 4UNITED 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
Estimated average burden
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).
X
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*
Jones Gary Edmund

(Last)(First)(Middle)
9850 NW 41ST STREET, SUITE 400

(Street)
DORAL FLORIDA 33178

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AerSale Corp [ ASLE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/09/2026S(1)7,491(1)D$6.3403162,405(2)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
Remarks:
Chief Operating Officer and Head of Material Sales
/s/ Martin Garmendia as Attorney in Fact for Gary Jones06/11/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

Why did AerSale (ASLE) officer Gary Edmund Jones sell 7,491 shares?

The 7,491 shares were sold to cover tax withholding obligations from the vesting and settlement of 17,845 restricted stock units. According to the footnote, this "sell to cover" trade was carried out automatically as required by AerSale’s equity plan and a Rule 10b5-1 plan.

How many AerSale (ASLE) shares does Gary Edmund Jones hold after this Form 4 transaction?

After the reported transaction, Gary Edmund Jones directly holds 162,405 shares of AerSale common stock. This figure reflects his position following the 7,491-share "sell to cover" sale linked to RSU vesting and associated tax withholding obligations described in the filing.

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.

What additional AerSale (ASLE) share purchases are noted for Gary Edmund Jones?

A footnote notes additional shares purchased under AerSale’s employee stock purchase plan: 862 shares at $5.398 in June 2026 and 944 shares at $4.93 in November 2025. These ESPP purchases are separate from the 7,491-share sell-to-cover transaction reported.