Willis Lease (WLFC) Form 144 Discloses 600-Share Sale, Recent Insider Trades
Rhea-AI Filing Summary
Willis Lease Finance Corp (WLFC) Form 144 notifies a proposed sale of 600 common shares through Merrill Lynch with an aggregate market value of $90,027.18, and lists 6,902,975 shares outstanding. The filing shows those 600 shares are scheduled for sale on 08/08/2025 on NASDAQ.
The filing records the acquisition of 7,589 shares on 04/01/2024 as stock compensation from Willis Lease and a payment/settlement date of 04/01/2025. It also discloses recent sales by Brian Hole totaling 13,115 shares in the past three months for aggregate gross proceeds of $1,832,215.71. The signer affirms no knowledge of undisclosed material adverse information.
Positive
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Negative
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Insights
Routine Form 144 with small proposed sale; recent insider sales total 13,115 shares for $1.83M.
The filing is a standard Rule 144 notice documenting a proposed sale of 600 common shares valued at <$100k and recent dispositions by an insider amounting to 13,115 shares and $1,832,215.71 in gross proceeds. Relative to the 6,902,975 shares outstanding, the proposed 600-share sale is immaterial to capitalization. The disclosure is adequate for market transparency but does not provide reasons for the sales.
Filing shows compliance with Rule 144 and signer certification regarding material non-public information.
The document includes the required seller declaration that they do not possess undisclosed material adverse information and notes use of a broker (Merrill Lynch) for the proposed sale. It records the origin of the securities as stock compensation and lists precise transaction dates and proceeds for recent sales, reflecting procedural compliance with disclosure obligations.