STOCK TITAN

AerSale (ASLE) officer sells 1,886 shares to cover RSU tax obligations

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

AerSale Corp officer Benjamin Thomas Tschirhart reported an open-market sale of 1,886 shares of common stock at $6.3403 per share. According to the footnotes, this was a "sell to cover" transaction to satisfy tax withholding obligations tied to the vesting and settlement of 7,725 restricted stock units, executed automatically under the company equity plan and a Rule 10b5-1 trading plan adopted on June 15, 2024. Following the transaction and an adjustment for a prior 77-share tax-related sale previously omitted, he now directly holds 32,564 shares.

Positive

  • None.

Negative

  • None.
Insider Tschirhart Benjamin Thomas
Role See Remarks
Sold 1,886 shs ($12K)
Type Security Shares Price Value
Sale Common Stock 1,886 $6.3403 $12K
Holdings After Transaction: Common Stock — 32,564 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 7,725 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 June 15, 2024 to cover tax withholding obligations in connection with the vesting of the reporting person's RSUs. Includes an adjustment for a previous "sell to cover" transaction to cover tax withholding obligations in connection with the vesting and settlement of 310 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 June 15, 2024 to cover tax withholding obligations in connection with the vesting of the reporting person's RSUs. 77 shares were sold at a price of approximately $6.01 on July 1, 2025 for such transaction and inadvertently not included.
Shares sold 1,886 shares Open-market sale on June 9, 2026 to cover taxes
Sale price $6.3403 per share Average price for 1,886-share tax-withholding sale
Shares held after 32,564 shares Direct common stock holdings following reported transactions
RSUs vested 7,725 RSUs Vesting and settlement that triggered tax-withholding sale
Prior correction sale 77 shares at ≈$6.01 Previously omitted sell-to-cover on July 1, 2025
Net shares sold 1,886 shares Net sell activity in this Form 4, per summary
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 7,725 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"
tax withholding obligations financial
"transaction to cover tax withholding obligations in connection with the vesting"
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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*
Tschirhart Benjamin Thomas

(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)1,886(1)D$6.340332,564(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 7,725 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 June 15, 2024 to cover tax withholding obligations in connection with the vesting of the reporting person's RSUs.
2. Includes an adjustment for a previous "sell to cover" transaction to cover tax withholding obligations in connection with the vesting and settlement of 310 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 June 15, 2024 to cover tax withholding obligations in connection with the vesting of the reporting person's RSUs. 77 shares were sold at a price of approximately $6.01 on July 1, 2025 for such transaction and inadvertently not included.
Remarks:
SVP and Head of Engineered Solutions
/s/ Martin Garmendia as Attorney in Fact for Benjamin Thomas Tschirhart06/11/2026
** 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 Benjamin Thomas Tschirhart?

AerSale reported that officer Benjamin Thomas Tschirhart sold 1,886 common shares. The sale was a "sell to cover" transaction for tax withholding on vested RSUs, executed automatically under the company’s equity plan and a Rule 10b5-1 trading plan.

At what price were the AerSale (ASLE) shares sold in this Form 4?

The 1,886 AerSale common shares were sold at an average price of about $6.3403 per share. This sale was made to cover tax obligations arising from the vesting and settlement of previously granted restricted stock units.

How many AerSale (ASLE) shares does Benjamin Thomas Tschirhart hold after this transaction?

After the reported transaction and an adjustment for a prior small sale, Benjamin Thomas Tschirhart directly holds 32,564 AerSale common shares. This figure reflects his position following the 1,886-share tax-withholding sale and the 77-share correction noted in the footnotes.

Was the AerSale (ASLE) insider sale part of a Rule 10b5-1 trading plan?

Yes. The Form 4 footnotes state the tax-related share sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted on June 15, 2024. The plan covers tax withholding transactions linked to the vesting of the reporting person’s RSUs.

What RSU vesting activity is associated with this AerSale (ASLE) Form 4 filing?

The filing notes vesting and settlement of 7,725 restricted stock units for the reporting person. The 1,886 shares sold were used to cover tax withholding obligations triggered by this vesting, following requirements of AerSale’s equity incentive plan.

What correction does the AerSale (ASLE) Form 4 make regarding prior transactions?

The footnotes explain an adjustment for a prior "sell to cover" transaction involving 310 RSUs, where 77 shares were sold at about $6.01 on July 1, 2025. That earlier tax-related sale had been inadvertently omitted and is now reflected.