UDVAR-HAZY STEVEN F 4
4 · AIR LEASE CORP · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Air Lease (AL) Director Steven Udvar-Hazy Sells 37,696 Shares
What Happened
- Steven F. Udvar-Hazy, a director of Air Lease Corp (AL), disposed of 37,696 shares on 2026-02-25 at $64.85 per share, totaling $2,444,586. The Form 4 reports the disposition as a payment of exercise price or tax liability (Code F), meaning shares were surrendered/withheld to cover taxes or option-exercise costs rather than sold on the open market.
Key Details
- Transaction date & price: 2026-02-25; 37,696 shares at $64.85; proceeds/value = $2,444,586.
- Transaction type/code: Disposition for payment of exercise price or tax liability (Code F — share withholding/net settlement).
- Filing date / timeliness: Filed 2026-02-27 (Report period 2026-02-25); filing appears timely.
- Shares owned after transaction: Not specified in the Form 4.
- Notable footnotes: Multiple footnotes state many reported shares are held by family members, trusts, or entities (wife, children, grandchildren, Emerald Financial LLC, Air Intercontinental, Ocean Equities, various family trusts). The reporting person disclaims beneficial ownership of those shares except for any pecuniary interest.
Context
- Code F dispositions are routine tax-withholding or net-share settlement actions tied to option exercises or vested awards and do not necessarily reflect a judgment about the company’s prospects. Unlike open-market sales (Code S), these are administrative disposals to satisfy tax or exercise obligations.
Insider Transaction Report
Form 4
UDVAR-HAZY STEVEN F
Director
Transactions
- Tax Payment
Air Lease Corporation - Class A Common Stock
2026-02-25$64.85/sh−37,696$2,444,586→ 1,325,528 total
Holdings
- 30,745(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F1] - 14,050(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F2] - 19,500(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F2] - 10,000(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F3] - 21,500(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F3] - 1,300(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F4] - 1,300(indirect: See footnote)
Air Lease Corporation- Class A Common Stock
[F4] - 1,300(indirect: See footnote)
Air Lease Corporation- Class A Common Stock
[F4] - 31,000(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F5] - 321,350(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F6] - 71,000(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F7] - 2,640,000(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F8] - 955,526(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F9]
Footnotes (9)
- [F1]These shares are owned by the reporting person's wife. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
- [F2]These shares are owned by one of the reporting person's daughters. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
- [F3]These shares are owned by one of the reporting person's sons. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
- [F4]These shares are held by the reporting person as custodian for one of the reporting person's grandchildren under the California Uniform Transfers to Minors Act. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
- [F5]These shares are held by Emerald Financial LLC. A separate trust for each of the reporting person's four children owns 25% of the membership interests of Emerald LLC. Inclusion of these shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
- [F6]These shares are held by Air Intercontinental, Inc., of which the reporting person is the sole stockholder.
- [F7]These shares are held by Ocean Equities, Inc. which is 100% owned by the Hazy Family Community Property Trust 5/28/85 of which the reporting person is the trustee and beneficial owner.
- [F8]These shares are held by the Hazy Family Community Property Trust 5/28/85, of which the reporting person is the trustee and beneficial owner.
- [F9]These shares are held by the Udvar-Hazy Separate Property Trust, of which the reporting person is the trustee.
Signature
/s/ Lauren Jaeger, Attorney-in-Fact|2026-02-27