CEO of Willis Lease Finance (WLFC) sells 15,000 shares via plan
Rhea-AI Filing Summary
Austin Chandler Willis, President, CEO and ten percent owner of Willis Lease Finance, reported selling 15,000 shares of common stock on August 3, 2026 in two open-market transactions at weighted-average prices of $72.7705 and $73.6832 per share. The sales were effected under a Rule 10b5-1 trading plan adopted March 24, 2026. Reported share amounts, including indirect holdings through various family trusts and CFW Partners, are adjusted for a 3-for-1 forward stock split that became effective July 21, 2026, with certain positions having shared voting power with Charles F. Willis IV.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 15,000 shares
Net Sell
9 txns
Insider
Willis Austin Chandler
Role
President and CEO
Sold
15,000 shs ($1.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2, F3, F1 | 5,637 | $72.7705 | $410K |
| Sale | Common Stock F2, F4 | 9,363 | $73.6832 | $690K |
| holding | Common Stock F1, F5 | -- | -- | -- |
| holding | Common Stock F1, F6 | -- | -- | -- |
| holding | Common Stock F1, F7 | -- | -- | -- |
| holding | Common Stock F1, F8 | -- | -- | -- |
| holding | Common Stock F1, F9 | -- | -- | -- |
| holding | Common Stock F1, F10, F11 | -- | -- | -- |
| holding | Common Stock F1, F12 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 435,888 shares (Direct);
Common Stock — 5,466 shares (Indirect, Son);
Common Stock — 5,466 shares (Indirect, Daughter);
Common Stock — 66,966 shares (Indirect, Brother);
Common Stock — 10,347 shares (Indirect, Austin C. Willis 2019 Irrevocable Trust);
Common Stock — 26,076 shares (Indirect, CFW V 2016 Trust);
Common Stock — 698,144 shares (Indirect, 2019 Willis Family Trust);
Common Stock — 1,216,464 shares (Indirect, CFW Partners)
Footnotes (12)
- F1. These numbers have been adjusted to reflect the 3-for-1 forward stock split, which became effective on July 21, 2026 (the "Stock Split").
- F2. 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.
- F3. This transaction was executed in multiple trades at prices ranging from $72.38 to $73.3697, 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.
- F4. This transaction was executed in multiple trades at prices ranging from $73.39 to $74.106, 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.
- F5. Rooster A. Willis 2019 Trust, Austin Willis Trustee.
- F6. Wilder Grace Willis 2019 Trust, Austin Willis Trustee.
- F7. Charles F. Willis V 2019 Trust, Austin Willis Trustee.
- F8. Austin C. Willis 2019 Irrevocable Trust, Mary Willis Trustee.
- F9. Charles F. Willis V 2016 Trust, Austin Willis Trustee.
- F10. 2019 Willis Family Trust, Austin Willis Trustee.
- F11. Includes 640,244 shares, as adjusted for the Stock Split, having shared voting power of CFW Partners with Charles F. Willis IV.
- F12. Shared voting power of CFW Partners with Charles F. Willis IV.
Key Figures
Shares sold: 15,000 shares
Sale price tranche 1: $72.7705 per share
Sale price tranche 2: $73.6832 per share
+5 more
8 metrics
Shares sold
15,000 shares
Total common shares sold on August 3, 2026 by Austin Chandler Willis
Sale price tranche 1
$72.7705 per share
Weighted-average price for 5,637 shares sold on August 3, 2026
Sale price tranche 2
$73.6832 per share
Weighted-average price for 9,363 shares sold on August 3, 2026
Price range tranche 1
$72.38–$73.3697
Multiple trades within this range for the first sale block
Price range tranche 2
$73.39–$74.106
Multiple trades within this range for the second sale block
Stock split ratio
3-for-1
Forward stock split effective July 21, 2026 used to adjust share counts
2019 Willis Family Trust holdings
698,144 shares
Indirect common stock position as adjusted for the stock split
CFW Partners holdings
1,216,464 shares
Indirect common stock position with shared voting power with Charles F. Willis IV
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, 3-for-1 forward stock split, shared voting power
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
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 for the transaction"
3-for-1 forward stock split financial
"numbers have been adjusted to reflect the 3-for-1 forward stock split"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Willis Lease Finance (WLFC) disclose?
Willis Lease Finance reported that President and CEO Austin Chandler Willis sold 15,000 shares of common stock on August 3, 2026 in two open-market transactions. The filing states these sales were executed under a Rule 10b5-1 trading plan adopted on March 24, 2026.
Was the WLFC insider sale made under a Rule 10b5-1 plan?
Yes. A footnote states the sales were effected under a Rule 10b5-1 trading plan adopted by Austin Chandler Willis on March 24, 2026. The filing’s Rule 10b5-1 checkbox is also marked true, indicating the transactions were executed pursuant to a pre-arranged trading plan.
What is Charles F. Willis IV’s role in the WLFC holdings reported?
Footnotes state that CFW Partners holdings, including 640,244 shares as adjusted for the stock split, have shared voting power between Austin Chandler Willis and Charles F. Willis IV. Another note confirms shared voting power of CFW Partners with Charles F. Willis IV more generally.