Stuart Cormac 4
Research Summary
AI-generated summary
AerCap (AER) Chief Accounting Officer Stuart Cormac Acquires 109 Shares
What Happened Stuart Cormac, AerCap's Chief Accounting Officer, reported an acquisition of 109 ordinary shares on 2026-03-24 at $135.21 per share, for a total value of about $14,738. The transaction is coded "J" on the Form 4, which indicates an "other acquisition or disposition" rather than a routine open-market purchase.
Key Details
- Transaction date and price: 2026-03-24 at $135.21 per share.
- Shares acquired: 109; total value ≈ $14,738.
- Transaction code: J (other acquisition/disposition) — not a standard open-market buy/sell code.
- Shares owned after the transaction: Not specified in the provided filing summary.
- Timeliness: Report filed 2026-03-26 for a 2026-03-24 transaction (filed within the typical 2‑business‑day Form 4 window).
- Notable footnotes included in the filing:
- F1: Notes compensation forgone on a per-share basis to receive the allocation.
- F2–F4: Describe ordinary shares awarded/held in trusts for up to three years for Irish tax treatment, distributions from a profit-sharing trust, and restricted shares subject to service and/or performance vesting.
Context
- Code J transactions often reflect internal allocations, tax withholding, trust releases, or other non‑market transfers; the filing’s footnotes suggest the transaction may relate to compensation awards or trust holdings rather than an open‑market buy.
- Such internal/compensatory acquisitions are common for executives and are informational but do not necessarily signal the same market-view insight as an outright open‑market purchase.