AIR LEASE CORP (AL)

Current Report Filed: 2026-04-17

Key Insights

The company has adopted a new annual cash bonus plan, replacing the previous 2025 plan, effective April 15, 2026.
The new plan provides for annual cash awards to eligible officers based on the achievement of individual and corporate performance goals.
The company's Class A common stock and 3.700% Medium-Term Notes, Series A, due April 15, 2030 will be delisted from the New York Stock Exchange effective April 18, 2026.

Current Report Filed: 2026-04-14

Key Insights

Air Lease Corporation (AL) announced a 40% workforce reduction, impacting 64 employees, as a result of the completion of a previously announced merger.
The company will provide severance payments and continued benefits to the affected employees, but the specific costs are not yet known.
The workforce reduction is expected to be completed in the second and third quarters of 2026.

Insider Trading Filed: 2026-04-10

Key Insights

Steven F. Udvar-Hazy, the reporting person, has disposed of a significant portion of his direct and indirect beneficial ownership in Air Lease Corporation (AL), totaling over 5.3 million shares.
The dispositions were pursuant to a merger agreement with Sumisho Air Lease Corporation, where each share of AL's Class A common stock was converted into the right to receive $65.00 in cash.
The reporting person continues to have indirect beneficial ownership in AL through various trusts and entities, indicating potential ongoing involvement with the company post-merger.

Insider Trading Filed: 2026-04-10

Key Insights

The reporting person, Gregory B. Willis, EVP and CFO of Air Lease Corporation, disposed of 68,923 shares of the company's Class A common stock at $65 per share, likely as part of the merger agreement with Sumisho Air Lease Corporation.
The reported transaction includes the cancellation and conversion of 5,594 unvested restricted stock units (RSUs) into cash payments, which will be subject to the same vesting terms as the original RSUs.
This filing indicates a significant change in the reporting person's beneficial ownership of Air Lease Corporation securities, as a result of the merger transaction.

Insider Trading Filed: 2026-04-10

Key Insights

The filing indicates that John D. Poerschke, an EVP at Air Lease Corp, disposed of 107,778 shares of the company's Class A common stock at a price of $65 per share as part of a merger agreement with Sumisho Air Lease Corporation.
The shares disposed of include 3,973 unvested restricted stock units (RSUs) that were cancelled and converted into cash payments at the same $65 per share price.
This transaction represents a significant insider sale, suggesting a change in the company's ownership and leadership structure due to the merger.

Insider Trading Filed: 2026-04-10

Key Insights

The reporting person, Grant A. Levy, disposed of a total of 160,438 shares of Air Lease Corporation's Class A common stock, including 5,589 unvested restricted stock units that were cancelled and converted to cash.
The shares were disposed of as a result of the merger between Air Lease Corporation and Sumisho Air Lease Corporation Designated Activity Company, with Air Lease Corporation becoming an indirect wholly-owned subsidiary of Sumisho.
The reporting person also reported indirect ownership of 9,000 shares of Air Lease Corporation's Class A common stock, which he disclaims beneficial ownership of, except to the extent of his pecuniary interest.

Insider Trading Filed: 2026-04-10

Key Insights

Kishore Korde, an executive vice president at Air Lease Corporation, disposed of 62,853 shares of the company's Class A common stock on April 8, 2026, as part of a merger agreement.
Korde also disposed of additional indirect holdings of 716, 199, and 139 shares of Air Lease Corporation's Class A common stock, which were held for his children.
The transactions were pursuant to the merger agreement, where each outstanding share of Air Lease Corporation's Class A common stock was converted into the right to receive $65.00 per share in cash.

Insider Trading Filed: 2026-04-10

Key Insights

Alex Khatibi, an executive at Air Lease Corporation, has disposed of 91,506 shares of the company's Class A common stock at $65 per share as part of a merger agreement.
The reported transaction includes the cancellation and conversion of 4,959 unvested restricted stock units into cash awards, subject to the same vesting terms.
This insider selling activity suggests a significant corporate event, the acquisition of Air Lease Corporation by Sumisho Air Lease Corporation Designated Activity Company.

Insider Trading Filed: 2026-04-10

Key Insights

The reporting person, Carol Hyland Forsyte, who is the EVP, GC, Corp Secretary & CCO of Air Lease Corp, disposed of 100,752 shares of the company's Class A common stock at $65 per share.
The share disposition was due to the completion of the merger between Air Lease Corp and Sumisho Air Lease Corporation, where each outstanding share of Air Lease's Class A common stock was converted into the right to receive $65 per share in cash.
In addition to the common stock disposition, 5,816 unvested restricted stock units held by the reporting person were also cancelled and converted into the right to receive an amount in cash equal to the $65 per share price.

Insider Trading Filed: 2026-04-10

Key Insights

The reporting person, David Beker, an EVP at Air Lease Corporation, has disposed of 36,408 shares of the company's Class A common stock at $65 per share as part of the company's merger with Sumisho Air Lease Corporation.
The reported transaction includes the cancellation and conversion of 4,472 unvested restricted stock units (RSUs) into a cash payment at the same $65 per share price.
This filing indicates a significant insider selling event as part of the merger transaction, which may signal changes in the company's leadership and future strategic direction.

Insider Trading Filed: 2026-04-10

Key Insights

Air Lease Corporation (AL) was acquired by Sumisho Air Lease Corporation in an all-cash deal at $65 per share, indicating a significant premium over the current stock price.
CEO and President John L. Plueger disposed of his entire direct and indirect holdings in AL, suggesting he no longer has an ownership stake in the company after the acquisition.
The reporting indicates the cancellation and conversion of Plueger's unvested restricted stock units (RSUs) into cash awards, aligning with the terms of the merger agreement.

Insider Trading Filed: 2026-04-10

Key Insights

Matthew J. Hart, a director of Air Lease Corporation, has disposed of 40,587 shares of the company's Class A common stock at a price of $65 per share.
The share disposal was part of the merger agreement between Air Lease Corporation and Sumisho Air Lease Corporation, where Air Lease was acquired and went private.
In addition, 2,698 unvested restricted stock units (RSUs) held by Mr. Hart were cancelled and converted into a cash payment at the per share price of $65.

Insider Trading Filed: 2026-04-10

Key Insights

The reporting person, Robert A. Milton, is a director of Air Lease Corporation and has disposed of 42,527 shares of the company's Class A common stock at $65 per share.
The share disposal is due to the merger agreement between Air Lease Corporation and Sumisho Air Lease Corporation Designated Activity Company, where each outstanding share of Air Lease's Class A common stock was automatically cancelled and converted into the right to receive $65 per share.
The reporting person also had 2,698 unvested restricted stock units (RSUs) that were cancelled and converted into the right to receive an amount in cash equal to the $65 per share price upon the reporting person's separation from service at the effective time of the merger.

Insider Trading Filed: 2026-04-10

Key Insights

The reporting person, Ian M. Saines, who is a director of Air Lease Corporation, has disposed of 54,926.97 shares of the company's Class A common stock at $65 per share as part of the merger agreement between Air Lease and Sumisho Air Lease Corporation.
The disposed shares include 37,029.97 vested but deferred restricted stock units (RSUs) and 2,698 unvested RSUs, which were cancelled and converted into cash payments at the per share price.
This transaction indicates a significant change in the reporting person's ownership and involvement with the company as a result of the merger.

Insider Trading Filed: 2026-04-10

Key Insights

Air Lease Corporation (AL) was acquired by Sumisho Air Lease Corporation Designated Activity Company, an Irish private limited company, through a merger transaction at a price of $65 per share in cash.
The reporting person, Susan McCaw, disposed of 30,942.1 shares of AL's Class A common stock, including vested but deferred restricted stock units (RSUs) and unvested RSUs, as part of the merger agreement.
The transaction represents a liquidity event for AL shareholders, providing them with a definitive price for their shares and eliminating their ownership stake in the company.

Insider Trading Filed: 2026-04-10

Key Insights

The filing discloses that Air Lease Corporation was acquired by Sumisho Air Lease Corporation in a cash transaction, with each share of Air Lease's Class A common stock converted to $65.00 per share.
The reporting person, Marshall O. Larsen, had 37,029.97 vested but deferred restricted stock units (RSUs) and 2,698 unvested RSUs that were cancelled and converted into cash payments as a result of the merger.
The transaction appears to be a significant event for Air Lease Corporation and its shareholders, with the company being acquired at a price of $65 per share.

Insider Trading Filed: 2026-04-10

Key Insights

The reporting person, Cheryl Gordon Krongard, has disposed of a significant amount of Air Lease Corporation's Class A common stock, including vested and unvested restricted stock units, as a result of the company's merger with Sumisho Air Lease Corporation.
The merger transaction values the company's shares at $65 per share, which represents a premium to the current market price.
Investors should closely monitor any further insider selling activity and assess the potential impact of the merger on the company's financial performance and outlook.

Insider Trading Filed: 2026-04-10

Key Insights

Yvette Hollingsworth Clark, a director of Air Lease Corp, has disposed of 25,288.82 shares of the company's Class A common stock at $65 per share as part of the company's merger with Sumisho Air Lease Corporation.
The transaction included the cancellation and conversion of 5,984 vested but deferred restricted stock units (RSUs) and 2,698 unvested RSUs into cash payments equal to the per share price.
This insider sale is likely a routine transaction related to the company's merger and not indicative of any broader negative sentiment about the company's future prospects.

Current Report Filed: 2026-04-08

Key Insights

Air Lease Corporation has been acquired by Sumisho Air Lease Corporation, a new holding company jointly owned by Sumitomo Corporation, SMBC Aviation Capital, Apollo, and Brookfield.
The company has terminated and repaid $3 billion in outstanding loans and credit facilities, but its existing medium-term notes and senior notes will remain outstanding after the merger.
The merger consideration for Air Lease's public shareholders is $65.00 per share of Class A common stock, which represents a significant premium over the current stock price.

Insider Trading Filed: 2026-04-03

Key Insights

Robert A. Milton, a director of Air Lease Corporation, gifted 7,700 shares of the company's Class A common stock, reducing his direct ownership to 42,527 shares.
This transaction represents a voluntary reduction in Milton's direct stake in the company, which could signal a change in his investment strategy or portfolio management.
Insider gift transactions are generally viewed as less significant than open-market purchases or sales, as they do not directly impact the company's cash position or the reporting person's economic exposure to the stock.

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Important Information