AerSale exec tax sell-to-cover of 77 shares
AerSale Corp executive Benjamin Thomas Tschirhart reported a small, routine share disposition tied to equity compensation.
Rhea-AI Filing Summary
AerSale Corp executive Benjamin Thomas Tschirhart reported a small, routine share disposition tied to equity compensation. On the vesting and settlement of 310 restricted stock units, 77 shares of common stock were sold at $6.5631 per share to cover tax withholding obligations.
The footnote explains this was an automatic "sell to cover" transaction carried out under the company’s equity plan and pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on June 15, 2024. Following this tax-related sale, Tschirhart directly holds 32,487 shares of AerSale common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 77 | $6.5631 | $505.36 |
Footnotes (1)
- F1. Reflects a "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.
Key Figures
Key Terms
sell to cover financial
restricted stock units financial
Rule 10b5-1 trading plan regulatory
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AerSale (ASLE) executive Benjamin Tschirhart report in this Form 4?
Was the AerSale (ASLE) insider transaction an open-market sale?
What equity award triggered the AerSale (ASLE) sell-to-cover transaction?
Did a Rule 10b5-1 trading plan govern this AerSale (ASLE) insider trade?
AI-generated analysis. How Rhea-AI works. Not financial advice.