STOCK TITAN

AerSale (ASLE) officer auto-sells 1,586 shares to cover RSU tax withholding

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

Rhea-AI Filing Summary

AerSale Corp officer Paul Andrew Hechenberger reported an automatic sale of 1,586 shares of common stock on June 9, 2026 at an average price of $6.3403 per share. This was a "sell to cover" transaction to satisfy tax withholding on the vesting of 5,389 RSUs, carried out automatically under the equity plan and pursuant to a pre-arranged Rule 10b5-1 trading plan. After the transaction, he directly held 14,581 shares of AerSale common stock.

Positive

  • None.

Negative

  • None.

Insights

Routine tax-related share sale with limited signaling value.

The filing shows Paul Andrew Hechenberger sold 1,586 shares of AerSale Corp common stock at $6.3403 per share. The footnote clarifies this was a "sell to cover" trade tied to the vesting of 5,389 RSUs.

The sale was executed automatically under the company’s equity plan and pursuant to a Rule 10b5-1 trading plan adopted on May 19, 2026. Such tax-withholding sales are generally administrative rather than discretionary portfolio moves.

Following the transaction, Hechenberger held 14,581 shares directly. Given the small size relative to his remaining position and the tax-driven, pre-planned nature, this filing appears routine with neutral implications.

Insider Hechenberger Paul Andrew
Role See Remarks
Sold 1,586 shs ($10K)
Type Security Shares Price Value
Sale Common Stock 1,586 $6.3403 $10K
Holdings After Transaction: Common Stock — 14,581 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 1,586 shares Sell-to-cover transaction on June 9, 2026
Sale price per share $6.3403 per share Average price for 1,586 shares sold
Shares held after transaction 14,581 shares Direct AerSale common stock holdings post-transaction
RSUs vested 5,389 RSUs Restricted stock units vesting that triggered tax sale
Trading plan adoption date May 19, 2026 Adoption of Rule 10b5-1 plan for tax withholding
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 5,389 restricted stock units ("RSUs") previously granted"
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.
tax withholding obligations financial
"transaction to cover tax withholding obligations in connection with the vesting"
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"
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Learn about SEC filing dates
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*
Hechenberger Paul Andrew

(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)1,586(1)D$6.340314,581D
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 5,389 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 May 19, 2026 to cover tax withholding obligations in connection with the vesting of the reporting person's RSUs.
Remarks:
Senior Vice President, General Counsel & Corporate Secretary
/s/ Paul Andrew Hechenberger06/11/2026
** 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 did AerSale Corp (ASLE) insider Paul Andrew Hechenberger report in this Form 4?

Hechenberger reported selling 1,586 AerSale shares at $6.3403 per share. The sale was a "sell to cover" transaction to pay taxes on the vesting of 5,389 RSUs, executed automatically under the company’s equity plan.

Was the AerSale (ASLE) insider sale by Paul Andrew Hechenberger discretionary?

The sale was not discretionary; it was an automatic "sell to cover" trade. Shares were sold to satisfy tax withholding obligations related to the vesting of 5,389 RSUs, under a pre-arranged Rule 10b5-1 trading plan and equity plan requirements.

How many AerSale (ASLE) shares did Paul Andrew Hechenberger hold after the reported transaction?

After the transaction, Hechenberger directly held 14,581 AerSale common shares. This remaining position, disclosed in the filing, provides context showing the 1,586-share sale was relatively small and primarily for tax-withholding purposes tied to RSU vesting.

What price did AerSale (ASLE) insider Paul Andrew Hechenberger receive for the shares sold?

Hechenberger’s automatic sale of 1,586 AerSale shares was executed at an average price of $6.3403 per share. The transaction was used to cover tax withholding obligations resulting from the vesting and settlement of 5,389 restricted stock units.

How are restricted stock units (RSUs) involved in this AerSale (ASLE) Form 4 filing?

The filing notes that 5,389 RSUs previously granted to Hechenberger vested and settled. To cover related tax withholding obligations, 1,586 shares of AerSale common stock were automatically sold under the equity plan and a Rule 10b5-1 trading plan.

Was the AerSale (ASLE) insider transaction made under a Rule 10b5-1 trading plan?

Yes. The footnote states the "sell to cover" transaction was effected under a Rule 10b5-1 trading plan. The plan was adopted by Hechenberger on May 19, 2026 specifically to handle tax withholding on the vesting of his RSUs.