UDVAR-HAZY STEVEN F 4
4 · AIR LEASE CORP · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Air Lease (AL) Director Steven F. Udvar-Hazy Gifts 60,000 Shares
What Happened
Steven F. Udvar-Hazy, a director of Air Lease Corp (AL), reported a disposition by gift of 60,000 shares on March 5, 2026. The Form 4 shows the transaction as a gift (code G) with a reported dollar amount of $0 for proceeds, consistent with a non-sale transfer.
Key Details
- Transaction date: 2026-03-05 (reported on Form 4 filed 2026-03-09). Filing appears timely (filed within the 2-business-day window).
- Transaction type: Gift (G) — 60,000 shares, reported $0 proceeds.
- Shares owned after transaction: Not specified in the provided filing details.
- Relevant footnotes: F1 indicates this was a bona fide gift per the issuer’s insider trading policy; F10 notes these shares are held by the Hazy Family Community Property Trust (5/28/85), of which the reporting person is trustee and beneficial owner. Several other family/trust ownership footnotes appear in the filing clarifying ownership relationships.
Context
Gifts are dispositions, not open-market sales or purchases, and do not by themselves signal insider sentiment about the company’s stock price. The filing documents a transfer within family/trust structures rather than a cash-generating sale.
Insider Transaction Report
- Gift
Air Lease Corporation - Class A Common Stock
[F1][F2]2026-03-05−60,000→ 895,526 total(indirect: See footnote)
- 1,325,528
Air Lease Corporation - Class A Common Stock
- 30,745(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F3] - 14,050(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F4] - 19,500(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F4] - 10,000(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F5] - 21,500(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F5] - 1,300(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F6] - 1,300(indirect: See footnote)
Air Lease Corporation- Class A Common Stock
[F6] - 1,300(indirect: See footnote)
Air Lease Corporation- Class A Common Stock
[F6] - 31,000(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F7] - 321,350(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F8] - 71,000(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F9] - 2,640,000(indirect: See footnote)
Air Lease Corporation - Class A Common Stock
[F10]
Footnotes (10)
- [F1]Represents bone fide gifts made in accordance with the Issuer's Insider Trading Policy.
- [F10]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.
- [F2]These shares are held by the Udvar-Hazy Separate Property Trust, of which the reporting person is the trustee.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]These shares are held by Air Intercontinental, Inc., of which the reporting person is the sole stockholder.
- [F9]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.