Branch Julian Bradford 4
Research Summary
AI-generated summary
AerCap (AER) Director Julian Bradford Branch Converts RSUs, Sells 12,019 Shares ($1.79M)
What Happened
- Julian Bradford Branch, a director of AerCap Holdings N.V. (AER), had 25,039 Restricted Stock Units (RSUs vest) convert to ordinary shares on April 15, 2026 (one-for-one). Of the 25,039 shares, 12,019 were surrendered to satisfy tax withholding at $148.97 per share, generating proceeds/value of $1,790,470. The remaining ~13,020 shares were retained by the reporting person.
Key Details
- Transaction date: 2026-04-15; Form 4 filed 2026-04-17 (timely).
- Converted/Acquired: 25,039 shares via RSU vesting (transaction code M).
- Disposed to satisfy taxes: 12,019 shares at $148.97/share, total ~$1,790,470 (transaction code F — tax withholding).
- Other derivative entries (1,216; 1,610; 2,213; 20,000) are part of the total RSU vesting that converted to ordinary shares (one-for-one).
- Net shares retained from this vesting: approximately 13,020 shares.
- Footnotes: F1 = tax withholding satisfaction; F2–F5 = vesting/conversion of RSUs from grants dated Jan 1, 2026; Jan 1, 2025; Jan 1, 2024; and Dec 5, 2023 (the Dec 5, 2023 grant vested upon the reporting person's retirement from the board).
Context
- This was a vesting/conversion of RSUs, not an open-market investment purchase. The transfer of 12,019 shares was a "sell-to-cover" (surrender to cover tax withholding), a routine administrative action and not necessarily a market sentiment signal.
- Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = shares surrendered to satisfy tax withholding.