Willis Austin Chandler 4

What Happened

• Willis Austin Chandler, Chief Executive Officer of Willis Lease Finance Corp. (WLFC), sold a total of 3,400 shares in open-market transactions on February 2, 2026, generating proceeds of approximately $631,522. The sales broke down as follows:
  • 200 shares @ $183.00 = $36,600
  • 600 shares @ $184.64 (weighted avg; trades ranged $184.00–$184.91) = $110,781
  • 1,200 shares @ $185.50 (weighted avg; trades ranged $185.00–$185.87) = $222,601
  • 1,140 shares @ $186.67 (weighted avg; trades ranged $186.16–$186.95) = $212,803
  • 260 shares @ $187.45 (weighted avg; trades ranged $187.31–$187.49) = $48,737
• These were sales (not purchases or option exercises). The filing states the transactions were made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Chandler on June 3, 2025, indicating pre-scheduled trades rather than ad-hoc insider sales.

Key Details

• Transaction date: February 2, 2026; Form 4 filed February 4, 2026 (timely filing).
• Total shares sold: 3,400; total proceeds: ~$631,522.
• Price details: several lots executed in multiple trades; reported prices are weighted averages with ranges noted in the filing (see above).
• Ownership after transaction: not specified in the excerpt provided here. Footnotes reference related trusts and shared voting power (e.g., includes 213,415 shares with shared voting power of CFW Partners).
• Notable footnotes: 10b5-1 plan (adopted June 3, 2025), multiple trade price ranges, and various trust designations for holdings.

Context

• Sales under a 10b5-1 plan are generally pre-arranged and do not necessarily reflect current managerial views on the company’s prospects; they are commonly used to provide liquidity or diversify holdings.
• For retail investors, purchases typically signal stronger insider conviction than routine sales; this filing documents routine, pre-planned insider sales rather than option exercises, gifts, or compensatory awards.