AerSale (ASLE) officer sells 1,886 shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
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 Trade Summary 10b5-1
Net Seller: 1,886 shares ($11,958)
Net Sell
1 txn
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)
- 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.
Key Figures
Shares sold: 1,886 shares
Sale price: $6.3403 per share
Shares held after: 32,564 shares
+3 more
6 metrics
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
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 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"
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.
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.