WLFC (WLFC) CFO returns 15,808 shares to issuer for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Willis Lease Finance Corp executive Scott B. Flaherty reported a tax-related share disposition. On this Form 4, the EVP and CFO returned 15,808 shares of common stock to the company at a value of $175.62 per share to satisfy withholding tax liability on previously restricted shares. This was not an open-market sale, but a tax-withholding disposition back to the issuer. Following the transaction, he directly holds 81,392 shares of Willis Lease Finance Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Flaherty Scott B.
Role
EVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 15,808 | $175.62 | $2.78M |
Holdings After Transaction:
Common Stock — 81,392 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares: 15,808 shares
Transaction value per share: $175.62 per share
Post-transaction holdings: 81,392 shares
+2 more
5 metrics
Tax-withholding shares
15,808 shares
Common stock returned to issuer for tax withholding
Transaction value per share
$175.62 per share
Value used for tax-withholding disposition
Post-transaction holdings
81,392 shares
Common stock directly held after disposition
Tax-withholding transactions
1 transaction
Form 4 transactionSummary taxWithholdingCount
Shares used for tax withholding
15,808 shares
Form 4 transactionSummary taxWithholdingShares
Key Terms
tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, withholding tax liability, restricted shares
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the common stock transaction"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
withholding tax liability financial
"footnote: "to satisfy withholding tax liability" on previously restricted shares"
FAQ
What insider transaction did WLFC EVP & CFO Scott Flaherty report?
Scott B. Flaherty reported a tax-related share disposition. He returned 15,808 shares of Willis Lease Finance Corp common stock to the issuer to cover withholding tax liability on previously restricted shares, rather than selling them in the open market.
How is the WLFC Form 4 transaction coded and what does it mean?
The transaction is coded “F” on the Form 4, described as payment of exercise price or tax liability by delivering securities. This indicates a tax-withholding disposition of shares back to the issuer, not a discretionary purchase or sale in the market.