STOCK TITAN

AerSale (ASLE) executive auto-sells 77 shares to cover RSU taxes

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

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 Tschirhart Benjamin Thomas
Role See Remarks
Sold 77 shs ($505.36)
Type Security Shares Price Value
Sale Common Stock 77 $6.5631 $505.36
Holdings After Transaction: Common Stock — 32,487 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 77 shares Sell-to-cover for tax withholding
Sale price $6.5631 per share Sell-to-cover transaction
RSUs vesting 310 RSUs Vesting and settlement triggering tax sale
Shares held after 32,487 shares Direct holdings post-transaction
Trading plan adoption date June 15, 2024 Rule 10b5-1 plan for tax-withholding sales
Net buy/sell shares -77 shares Net effect of reported transactions
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 financial
"in connection with the vesting and settlement of 310 restricted stock units ("RSUs")"
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.
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.
tax withholding obligations financial
"transaction to cover tax withholding obligations in connection with the vesting"
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FAQ

What did AerSale (ASLE) executive Benjamin Tschirhart report in this Form 4?

Benjamin Tschirhart reported a small disposition of AerSale common stock. The filing shows 77 shares were sold at $6.5631 per share to satisfy tax withholding obligations linked to the vesting of 310 restricted stock units, under the company’s equity plan.

Was the AerSale (ASLE) insider transaction an open-market sale?

The transaction used the market price but was not a discretionary sale. The 77 shares were sold automatically in a "sell to cover" arrangement to pay taxes on vesting RSUs, as required by AerSale’s equity plan and a pre-established Rule 10b5-1 trading plan.

How many AerSale (ASLE) shares does Benjamin Tschirhart hold after this Form 4?

After the tax-related sale, Benjamin Tschirhart directly holds 32,487 shares of AerSale common stock. This indicates the 77 shares disposed of represent a very small portion of his overall position, and the transaction is primarily administrative rather than a major ownership change.

What equity award triggered the AerSale (ASLE) sell-to-cover transaction?

The transaction was triggered by the vesting and settlement of 310 restricted stock units previously granted to Benjamin Tschirhart. To cover associated tax withholding obligations, 77 of the resulting shares were automatically sold at $6.5631 per share under the company’s equity compensation framework.

Did a Rule 10b5-1 trading plan govern this AerSale (ASLE) insider trade?

Yes. The footnote states the sell-to-cover transaction was effected automatically under a Rule 10b5-1 trading plan adopted on June 15, 2024. Such plans pre-schedule trades, indicating this tax-related sale was pre-arranged rather than timed at the insider’s discretion.
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)
07/06/2026
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 Stock07/06/2026S(1)77(1)D$6.563132,487D
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 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.
Remarks:
SVP and Head of Engineered Solutions
/s/ Martin Garmendia as Attorney in Fact for Benjamin Thomas Tschirhart07/08/2026
** 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)