ASLE insider filing: Finazzo holds 4.39M via Enarey; awards vest 2026-28

Rhea-AI Filing Summary

Nicolas Finazzo, Chairman and Chief Executive Officer of AerSale Corporation (ASLE), reported receiving 243,506 restricted stock units and a grant of stock options to purchase 513,949 shares at a $6.16 exercise price. The RSUs and options vest in three equal annual tranches on June 7, 2026, June 7, 2027 and June 7, 2028. The filing shows Finazzo beneficially owns 434,469 shares directly and 4,392,204 shares indirectly through Enarey, with an additional 6,600 shares held by his spouse and 35,000 by his daughter. The Form 4 corrects a prior misclassification of 153,963 RSUs.

Positive

• Long-term alignment: RSUs and options vest in three equal annual tranches (2026, 2027, 2028), tying compensation to multi-year performance.
• Improved disclosure: The Form 4 corrects a prior misclassification of 153,963 RSUs, clarifying direct versus indirect holdings.

Negative

• Dilution risk: Grants include 243,506 RSUs and 513,949 options, which could dilute existing shareholders when vested/exercised.
• Concentration of indirect holdings: Reporting shows 4,392,204 shares indirectly held via Enarey, concentrating economic exposure among related parties.

Insights

Securities Analyst

TL;DR Routine CEO equity awards and a reporting correction; limited immediate market impact but increases potential dilution.

The reported award of 243,506 RSUs and 513,949 options at a $6.16 strike establishes a multi-year equity compensation schedule that vests in three equal tranches starting June 7, 2026. Such grants are common for senior executives and are designed to align management incentives with shareholder value over time. The filing also clarifies prior misreporting by reallocating 153,963 RSUs from indirect to direct ownership, improving disclosure accuracy. Materiality to investors depends on company size and outstanding share count; the filing itself is routine and not an operational event.

Corporate Governance Expert

TL;DR Long-term vesting aligns CEO incentives; corrective disclosure improves transparency but increases potential share dilution.

The structure—RSUs plus a large pool of options vesting over three years—signals emphasis on retention and long-term performance alignment. The correction reallocating 153,963 RSUs increases direct holdings reported for the CEO, which reduces classification ambiguity. Investors should note the size of outstanding option and RSU grants relative to existing shares when assessing dilution, though the Form 4 itself is a governance/compliance disclosure rather than a change to corporate strategy.

SEC Form 4

FORM 4

UNITED 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
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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^*

Finazzo Nicolas

(Last) (First) (Middle)

9850 NW 41ST STREET, SUITE 400

(Street)

DORAL FL 33178

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AerSale Corp [ ASLE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/06/2025		A		243,506(1)	A	$0	434,469(2)	D
Common Stock								4,392,204(2)	I	See footnote(3)
Common Stock								6,600	I	By spouse
Common Stock								35,000	I	By daughter

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$6.16	08/06/2025		A		513,949		(4)	08/06/2035	Common Stock	513,949	$0	803,799(5)	D

Explanation of Responses:

1. Represents an award of restricted stock units ("RSUs") granted under the AerSale Corporation 2020 Equity Incentive Plan, as amended (the "Plan"), that will vest in one-third increments on each of June 7, 2026, June 7, 2027, and June 7, 2028.

2. The amounts correctly reapportion the shares beneficially owned by the reporting person amongst Indirect and Direct as the award of 153,963 RSUs previously reported on the reporting person's Form 4 filed on June 11, 2024 inadvertently included such award as Indirect and should have been Direct.

3. Represents shares of common stock of the Issuer held by Enarey, L.P. ("Enarey"). The reporting person is the sole member and manager of Enarey, LLC, which is the sole general partner of Enarey. Accordingly, all of the shares held by Enarey may be deemed to be beneficially held by the reporting person.

4. Represents stock options granted under the Plan that will vest in one-third increments on each of June 7, 2026, June 7, 2027, and June 7, 2028.

5. Includes 289,850 stock options previously reported on the reporting person's Form 4 filed on June 11, 2024 as indirectly held by Enarey.

Remarks:

Chairman and Chief Executive Officer

	/s/ Nicolas Finazzo	08/08/2025
	** Signature of Reporting Person	Date
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.

FAQ

What equity awards did AerSale CEO Nicolas Finazzo receive in the Form 4 (ASLE)?

The Form 4 reports receipt of 243,506 restricted stock units (RSUs) and a grant of stock options to purchase 513,949 shares with an exercise price of $6.16.

When do the RSUs and options vest for Finazzo?

Both the RSUs and the stock options vest in three equal tranches on June 7, 2026, June 7, 2027, and June 7, 2028.

How many AerSale shares does Nicolas Finazzo beneficially own according to the filing?

The filing reports 434,469 shares directly and 4,392,204 shares indirectly through Enarey, plus 6,600 shares held by his spouse and 35,000 by his daughter.

Does this Form 4 correct any prior reporting errors?

Yes. The Form 4 states that 153,963 RSUs previously reported as indirect should have been reported as direct, and the current filing reapportions those shares.

What is the exercise price and potential expensing detail for the options?

The reported stock options have an exercise price of $6.16 for 513,949 options. The filing shows vesting terms but does not disclose grant-date fair value or expense amounts.