[Form 4] WILLIS LEASE FINANCE CORP Insider Trading Activity

Rhea-AI Filing Summary

Austin C. Willis, listed as Chief Executive Officer and Director of Willis Lease Finance Corp (WLFC), reported multiple sales of the issuer's common stock effected on 10/01/2025 under a Rule 10b5-1 trading plan adopted on June 3, 2025. The Form 4 shows sales executed in multiple trades with prices reported as weighted averages of $135.7028, $136.3549, and individual trades at $137.12, and disclosed price ranges from $135.06 to $136.87.

The reporting person’s direct beneficial ownership decreased to 186,063 shares following the reported transactions. Several indirect holdings remain disclosed through trusts and family entities, including 232,715 shares held by the CFW V 2016 Trust and 405,488 shares held by the 2019 Willis Family Trust, plus other trusts and shared voting arrangements identified in the Form 4.

Positive

• Sales executed under a Rule 10b5-1 trading plan adopted on June 3, 2025, indicating prearranged transactions
• Weighted average prices disclosed ($135.7028 and $136.3549) and execution price ranges provided for transparency

Negative

• Direct beneficial ownership decreased to 186,063 shares following the reported transactions
• Multiple sales executed on 10/01/2025, which reduce the reporting person’s direct stake in WLFC

Insights

Insider Compliance Expert

Insider sold shares under a documented 10b5-1 plan; trades occurred across three weighted average prices.

The Form 4 explicitly states the sales were made pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025, which documents pre‑arranged transactions and can limit allegations of opportunistic trading. The filer provided weighted average prices of $135.7028 and $136.3549, and at least one trade at $137.12, with disclosed execution price ranges of $135.06 to $136.87.

The report shows a reduction in direct holdings to 186,063 shares after the sales. Multiple indirect holdings through trusts and shared voting arrangements are disclosed, notably 232,715 and 405,488 shares in named trusts, which remain intact per the filing.

SEC Form 4

FORM 4

UNITED 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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Willis Austin Chandler

(Last) (First) (Middle)

4700 LYONS TECHNOLOGY PARKWAY

(Street)

COCONUT CREEK FL 33073

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WILLIS LEASE FINANCE CORP [ WLFC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/01/2025		S(1)		983	D	$135.7028(2)	188,480	D
Common Stock	10/01/2025		S(1)		2,415	D	$136.3549(3)	186,065	D
Common Stock	10/01/2025		S(1)		2	D	$137.12	186,063	D
Common Stock	10/01/2025		S(1)		260	D	$135.7028(2)	4,262	I	Son(4)
Common Stock	10/01/2025		S(1)		639	D	$136.3549(3)	3,623	I	Son(4)
Common Stock	10/01/2025		S(1)		1	D	$137.12	3,622	I	Son(4)
Common Stock	10/01/2025		S(1)		260	D	$135.7028(2)	4,262	I	Daughter(5)
Common Stock	10/01/2025		S(1)		639	D	$136.3549(3)	3,623	I	Daughter(5)
Common Stock	10/01/2025		S(1)		1	D	$137.12	3,622	I	Daughter(5)
Common Stock	10/01/2025		S(1)		260	D	$135.7028(2)	24,762	I	Brother(6)
Common Stock	10/01/2025		S(1)		639	D	$136.3549(3)	24,123	I	Brother(6)
Common Stock	10/01/2025		S(1)		1	D	$137.12	24,122	I	Brother(6)
Common Stock								2,654	I	Austin C. Willis 2019 Irrevocable Trust(7)
Common Stock								8,692	I	CFW V 2016 Trust(8)
Common Stock								232,715	I	2019 Willis Family Trust(9)(10)
Common Stock								405,488	I	CFW Partners(11)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 June 3, 2025.

2. This transaction was executed in multiple trades at prices ranging from $135.06 to $136.05, 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 $136.06 to $136.87, 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. Rooster A. Willis 2019 Trust, Austin Willis Trustee.

5. Wilder Grace Willis 2019 Trust, Austin Willis Trustee.

6. Charles F. Willis V 2019 Trust, Austin Willis Trustee.

7. Austin C. Willis 2019 Irrevocable Trust, Mary Willis Trustee.

8. Charles F. Willis V 2016 Trust, Austin Willis Trustee.

9. 2019 Willis Family Trust, Austin Willis Trustee.

10. Includes 213,415 shares having shared voting power of CFW Partners with Charles F. Willis IV.

11. Shared voting power of CFW Partners with Charles F. Willis IV.

	/s/ Austin C. Willis	10/03/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did the WLFC Form 4 filed for Austin C. Willis report?

The Form 4 reports multiple sales of Willis Lease Finance Corp common stock executed on 10/01/2025 under a Rule 10b5-1 plan adopted on June 3, 2025.

At what prices were the WLFC shares sold according to the Form 4?

The filing discloses weighted average sale prices of $135.7028 and $136.3549, an individual trade at $137.12, and execution price ranges from $135.06 to $136.87.

How many WLFC shares does Austin C. Willis directly own after the reported trades?

Following the reported transactions, the Form 4 shows direct beneficial ownership of 186,063 shares.

Are there indirect holdings disclosed for Austin C. Willis in the WLFC Form 4?

Yes. The filing discloses indirect holdings through trusts and family entities, including 232,715 shares in the CFW V 2016 Trust and 405,488 shares in the 2019 Willis Family Trust.

Was the sale part of an automated trading plan?

Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025.