[144] WILLIS LEASE FINANCE CORP SEC Filing
Rhea-AI Filing Summary
Willis Lease Finance Corp (WLFC) filed a Form 144 disclosing a proposed sale of 7,900 common shares through Merrill Lynch, scheduled approximately for 10/01/2025 on NASD with an aggregate market value of $1,078,034. The filing identifies the shares as acquired over multiple dates (2003–2024) as compensation and shows all 7,900 shares offered match the filer’s holdings detailed in the acquisition table. The issuer has 6,809,636 common shares outstanding, so the proposed sale represents a small fraction of the company’s equity. The notice also reports recent insider sales: 14,668 shares sold during July–September 2025, generating gross proceeds of $2,077,134. The filer affirms no undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale disclosure; small relative to outstanding shares but notable recent selling activity.
The Form 144 is a standard notice for proposed Rule 144 sales and supplies specific execution details: 7,900 shares to be sold via Merrill Lynch on NASD with an indicated market value just over $1.07 million. Acquisition history shows these shares were received as compensation across multiple years, confirming beneficial ownership and the basis for Rule 144 eligibility. Recent reported sales total 14,668 shares in the prior three months with gross proceeds of $2,077,134, which indicates the filer has been actively monetizing holdings. From a trading-impact perspective, the proposed amount is small relative to the 6.81 million shares outstanding, suggesting limited direct dilution or supply pressure at the company level. The filing contains no operational or financial performance information about the issuer, so market reaction would center on insider liquidity, not new company fundamentals.
TL;DR: Filing appears complete for Rule 144 mechanics and includes required attestations; no disclosure of material nonpublic information.
The document provides the required elements for a Form 144: broker, number of shares, approximate sale date, acquisition dates and nature (compensation), and recent sales history. The filer explicitly represents they do not possess undisclosed material adverse information and notes criminal penalties for misstatements. There is no indication of reliance on a 10b5-1 plan in the visible fields. For compliance review, the filing is appropriately detailed; however, the presence of multiple sales in consecutive months may prompt internal governance checks on trading policies and blackout periods. No regulatory violations, plan adoption dates, or other red flags are stated in the filing text provided.