STOCK TITAN

Willis Lease (WLFC) CEO sells 5,184 shares under 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Willis Lease Finance Corp Chief Executive Officer Austin Chandler Willis reported open-market sales of 5,184 shares of common stock on July 1, 2026. The shares were sold in multiple trades at prices ranging from about $220.30 to $229.53 per share under a pre-arranged Rule 10b5-1 trading plan adopted on March 24, 2026.

Following these sales, Willis directly owned 154,980 common shares. He also reported indirect holdings, including 405,488 shares through CFW Partners, 232,715 shares through the 2019 Willis Family Trust, along with additional interests held via several family trusts and accounts for his brother, daughter, and son.

Positive

  • None.

Negative

  • None.
Insider Willis Austin Chandler
Role Chief Executive Officer
Sold 5,184 shs ($1.16M)
Type Security Shares Price Value
Sale Common Stock 500 $220.618 $110K
Sale Common Stock 1,700 $221.8071 $377K
Sale Common Stock 700 $222.7057 $156K
Sale Common Stock 500 $223.912 $112K
Sale Common Stock 200 $225.09 $45K
Sale Common Stock 248 $227.2126 $56K
Sale Common Stock 1,100 $227.9898 $251K
Sale Common Stock 236 $229.53 $54K
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 154,980 shares (Direct, null); Common Stock — 1,822 shares (Indirect, Son)
Footnotes (1)
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 24, 2026. This transaction was executed in multiple trades at prices ranging from $220.30 to $220.73, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) of this Form 4. This transaction was executed in multiple trades at prices ranging from $221.34 to $222.22, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) of this Form 4. This transaction was executed in multiple trades at prices ranging from $222.40 to $223.28, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) of this Form 4. This transaction was executed in multiple trades at prices ranging from $223.41 to $224.21, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (5) of this Form 4. This transaction was executed in multiple trades at prices ranging from $226.64 to $227.35, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (6) of this Form 4. This transaction was executed in multiple trades at prices ranging from $227.64 to $228.42, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (7) of this Form 4. Rooster A. Willis 2019 Trust, Austin Willis Trustee. Wilder Grace Willis 2019 Trust, Austin Willis Trustee. Charles F. Willis V 2019 Trust, Austin Willis Trustee. Austin C. Willis 2019 Irrevocable Trust, Mary Willis Trustee. Charles F. Willis V 2016 Trust, Austin Willis Trustee. 2019 Willis Family Trust, Austin Willis Trustee. Includes 213,415 shares having shared voting power of CFW Partners with Charles F. Willis IV. Shared voting power of CFW Partners with Charles F. Willis IV.
Shares sold 5,184 shares Total common shares sold in open-market transactions on July 1, 2026
Highest reported sale price $229.53 per share One of the open-market sale prices for common stock
Example sale price $221.81 per share Weighted average price for a 1,700-share sale transaction
Direct holdings after sale 154,980 shares Common stock directly owned by the CEO after July 1, 2026 trades
Indirect holdings via CFW Partners 405,488 shares Common stock held indirectly through CFW Partners
Indirect holdings via 2019 Willis Family Trust 232,715 shares Common stock held indirectly through 2019 Willis Family Trust
Indirect holdings via CFW V 2016 Trust 8,692 shares Common stock held indirectly through CFW V 2016 Trust
Indirect holdings via brother 22,322 shares Common stock reported as indirectly owned through brother
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 24, 2026."
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.
weighted average sale price financial
"The price reported reflects the weighted average sale price."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
""ownership_type": "indirect""
shared voting power financial
"Includes 213,415 shares having shared voting power of CFW Partners with Charles F. Willis IV."
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
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FAQ

How many Willis Lease Finance (WLFC) shares did CEO Austin Chandler Willis sell?

Austin Chandler Willis sold 5,184 shares of Willis Lease Finance common stock. The Form 4 shows eight separate open-market sale transactions on July 1, 2026, totaling 5,184 shares, while he retained substantial direct and indirect shareholdings after these sales.

At what prices were the WLFC shares sold by the CEO on July 1, 2026?

The CEO’s WLFC share sales were executed at prices generally between about $220.30 and $229.53 per share. The filing lists multiple trades with specific weighted average prices, all within this range, reflecting several open-market sale transactions on that date.

How many Willis Lease (WLFC) shares does the CEO hold directly after these sales?

After the reported transactions, the CEO directly holds 154,980 shares of Willis Lease common stock. This figure appears as the total shares following the transactions for his direct, non-derivative ownership reported in the Form 4 filing dated July 1, 2026.

What indirect WLFC shareholdings are reported for the CEO in this Form 4?

The Form 4 reports indirect holdings including 405,488 shares through CFW Partners and 232,715 shares through the 2019 Willis Family Trust. Additional indirect positions are listed in various family trusts and accounts for his brother, daughter, and son, each with smaller share amounts.

Were the CEO’s WLFC share sales made under a Rule 10b5-1 trading plan?

Yes. A footnote states the sales were effected under a Rule 10b5-1 trading plan adopted on March 24, 2026. Such plans pre-arrange trades, which can indicate the timing of these sales was scheduled in advance rather than decided opportunistically.

Does the Willis Lease (WLFC) Form 4 show any remaining derivative securities for the CEO?

No derivative positions are listed in the derivative summary for this Form 4. The transactions relate only to non-derivative common stock holdings, and the filing does not show options or other derivative securities for the reporting person in this particular report.
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*
Willis Austin Chandler

(Last)(First)(Middle)
4700 LYONS TECHNOLOGY PARKWAY

(Street)
COCONUT CREEK FLORIDA 33073

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WILLIS LEASE FINANCE CORP [ WLFC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
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 Stock07/01/2026S(1)500D$220.618(2)154,980D
Common Stock07/01/2026S(1)1,700D$221.8071(3)153,280D
Common Stock07/01/2026S(1)700D$222.7057(4)152,580D
Common Stock07/01/2026S(1)500D$223.912(5)152,080D
Common Stock07/01/2026S(1)200D$225.09151,880D
Common Stock07/01/2026S(1)248D$227.2126(6)151,632D
Common Stock07/01/2026S(1)1,100D$227.9898(7)150,532D
Common Stock07/01/2026S(1)236D$229.53150,296D
Common Stock1,822ISon(8)
Common Stock1,822IDaughter(9)
Common Stock22,322IBrother(10)
Common Stock3,449IAustin C. Willis 2019 Irrevocable Trust(11)
Common Stock8,692ICFW V 2016 Trust(12)
Common Stock232,715I2019 Willis Family Trust(13)(14)
Common Stock405,488ICFW Partners(15)
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. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 24, 2026.
2. This transaction was executed in multiple trades at prices ranging from $220.30 to $220.73, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) of this Form 4.
3. This transaction was executed in multiple trades at prices ranging from $221.34 to $222.22, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) of this Form 4.
4. This transaction was executed in multiple trades at prices ranging from $222.40 to $223.28, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) of this Form 4.
5. This transaction was executed in multiple trades at prices ranging from $223.41 to $224.21, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (5) of this Form 4.
6. This transaction was executed in multiple trades at prices ranging from $226.64 to $227.35, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (6) of this Form 4.
7. This transaction was executed in multiple trades at prices ranging from $227.64 to $228.42, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (7) of this Form 4.
8. Rooster A. Willis 2019 Trust, Austin Willis Trustee.
9. Wilder Grace Willis 2019 Trust, Austin Willis Trustee.
10. Charles F. Willis V 2019 Trust, Austin Willis Trustee.
11. Austin C. Willis 2019 Irrevocable Trust, Mary Willis Trustee.
12. Charles F. Willis V 2016 Trust, Austin Willis Trustee.
13. 2019 Willis Family Trust, Austin Willis Trustee.
14. Includes 213,415 shares having shared voting power of CFW Partners with Charles F. Willis IV.
15. Shared voting power of CFW Partners with Charles F. Willis IV.
/s/ Austin C. Willis07/06/2026
** 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)