WILLIS CHARLES F IV 4
Research Summary
AI-generated summary
Willis Lease (WLFC) 10% Owner Willis Charles F IV Surrenders 5,590 Shares
What Happened
- Willis Charles F IV, listed as a 10% owner of Willis Lease Finance Corp (WLFC), returned/surrendered 5,590 previously restricted shares to the issuer to satisfy tax withholding obligations. The shares were valued at $170.53 each, for a total of about $953,263. This was a tax-withholding disposal (code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-03-19
- Price per share: $170.53; Total value of shares surrendered: $953,263
- Shares owned after transaction: Not specified in the filing
- Footnotes: F1 — return to issuer of previously restricted shares to satisfy withholding tax liability; F2 — Charlotte Montressor Willis; F3 — Wilder Grace Willis 2016 Trust
- Filing: Form 4 filed 2026-03-23 (appears filed within the standard two-business-day window)
Context
- Code F transactions reflect shares withheld/returned to cover tax liabilities from an award or vesting event; they are a routine administrative action and not the same as an open-market sale. As a 10% owner, Willis Charles F IV is a significant holder, but this transaction reflects tax withholding rather than a directional trade signal.