STOCK TITAN

AerSale (ASLE) director receives 19,623 restricted stock units in equity grant

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

Rhea-AI Filing Summary

AerSale Corp director Mitchell Thomas Duncan reported an acquisition of equity-based compensation. He received a grant of 19,623 restricted stock units of AerSale common stock at no cash cost, awarded under the company’s Second Amended and Restated Non-Employee Director Compensation Policy. These units vest 100% on June 5, 2027, contingent on his continued board service, and each unit will convert into one common share upon vesting. Following this award, Duncan directly holds 43,880 shares of AerSale common stock.

Positive

  • None.

Negative

  • None.
Insider Mitchell Thomas Duncan
Role null
Type Security Shares Price Value
Grant/Award Common Stock 19,623 $0.00 --
Holdings After Transaction: Common Stock — 43,880 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 19,623 units Restricted stock units awarded on June 5, 2026
Grant price $0.00 per share Compensation award, not a market purchase
Shares after transaction 43,880 shares Common stock directly held following the award
Vesting date June 5, 2027 100% vesting date for RSU award
restricted stock units financial
"Represents an award of restricted stock units granted under the Second Amended and Restated Non-Employee Director Compensation Policy"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Second Amended and Restated Non-Employee Director Compensation Policy financial
"award of restricted stock units granted under the Second Amended and Restated Non-Employee Director Compensation Policy"
vest 100% financial
"which will vest 100% on 6/05/2027, subject to continued service"
convert into one share financial
"Each restricted stock unit will convert into one share of the Issuer's common stock upon 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).
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*
Mitchell Thomas Duncan

(Last)(First)(Middle)
9850 NW 41ST ST, 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
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 Stock06/05/2026A19,623(1)A$0.0043,880D
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. Represents an award of restricted stock units granted under the Second Amended and Restated Non-Employee Director Compensation Policy, which will vest 100% on 6/05/2027, subject to continued service on the Issuer's Board of Directors through such date. Each restricted stock unit will convert into one share of the Issuer's common stock upon vesting.
/s/ Martin Garmendia, as attorney-in-fact for Thomas Mitchell06/09/2026
** 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) director Mitchell Thomas Duncan report?

Mitchell Thomas Duncan reported receiving 19,623 restricted stock units of AerSale common stock as a compensation award. The grant carries no cash purchase price and is part of AerSale’s non-employee director compensation, increasing his direct equity stake in the company.

When do Mitchell Thomas Duncan’s new AerSale (ASLE) restricted stock units vest?

The 19,623 restricted stock units granted to Mitchell Thomas Duncan vest 100% on June 5, 2027. Vesting is conditioned on his continued service on AerSale’s Board of Directors through that date, after which each unit converts into one share of common stock.

How many AerSale (ASLE) shares does Mitchell Thomas Duncan hold after this Form 4 transaction?

After the reported award, Mitchell Thomas Duncan holds 43,880 shares of AerSale common stock directly. This figure reflects his position following the 19,623 restricted stock units grant, which will convert into additional shares only when they vest in 2027.

Was Mitchell Thomas Duncan’s AerSale (ASLE) Form 4 transaction a market purchase or sale?

The Form 4 shows a compensation-related acquisition, not a market trade. Duncan received 19,623 restricted stock units at a price of $0.00 per share, classified as a grant or award rather than an open-market purchase or sale of AerSale stock.

What type of equity award did AerSale (ASLE) grant to director Mitchell Thomas Duncan?

AerSale granted Mitchell Thomas Duncan restricted stock units tied to its common stock under the Second Amended and Restated Non-Employee Director Compensation Policy. Each unit represents the right to receive one AerSale share when the award fully vests on June 5, 2027.