Drouillard Vincent 4
4 · AerCap Holdings N.V. · Filed Apr 21, 2026
Research Summary
AI-generated summary of this filing
AerCap (AER) GC Vincent Drouillard Converts RSUs, Withholds 5,903 Shares
What Happened
Vincent Drouillard, General Counsel of AerCap Holdings N.V. (AER), had 15,000 restricted stock units (RSUs) convert into restricted ordinary shares on April 20, 2026. Of those 15,000 shares, 5,903 shares were withheld to satisfy tax withholding obligations at a per-share value of $147.45 (total ~ $870,397). The remaining 9,097 restricted shares remain held for his benefit in the company’s Equity Incentive Plans Trust and are subject to the award’s vesting and release terms. This was not an open-market purchase or sale by the insider — it was a conversion of compensatory RSUs with shares withheld for taxes.
Key Details
- Transaction date: April 20, 2026. Filing date: April 21, 2026 (timely).
- Conversion: 15,000 RSUs -> 15,000 restricted shares (code M).
- Tax withholding: 5,903 shares withheld at $147.45/share = $870,397 (code F).
- Net to reporting person: 9,097 restricted shares remain for his benefit (held in trust).
- Footnotes: Shares are held by the AerCap Equity Incentive Plans Trust for tax/administrative purposes; the 15,000 RSUs were originally awarded May 12, 2025 and will vest on April 30, 2030. Footnotes indicate 113,210 service-vesting and 66,715 service- & performance-vesting ordinary shares also remain subject to vesting under awards held for the reporting person.
- Filing timeliness: Report appears timely (one day after the transaction).
Context
This filing reflects a routine conversion of RSUs into restricted shares with a portion withheld to cover taxes (a common cashless-withholding mechanism), not a market sale or purchase that signals trading intent. The converted shares remain subject to vesting and trust release provisions, so they are not immediately tradable.
Insider Transaction Report
- Exercise/Conversion
Ordinary Shares
[F1]2026-04-20+15,000→ 185,828 total(indirect: By Trust) - Tax Payment
Ordinary Shares
[F2][F1]2026-04-20$147.45/sh−5,903$870,397→ 179,925 total(indirect: By Trust) - Exercise/Conversion
Restricted Share Units
[F3]2026-04-20−15,000→ 0 total→ Ordinary Shares (15,000 underlying)
- 25,071
Ordinary Shares
Footnotes (3)
- [F1]Represents Ordinary Shares granted as compensatory awards and held by the AerCap Holdings N.V. Equity Incentive Plans Trust in order to achieve certain tax benefits under Irish law, after which the shares (to the extent vested) will be released to the reporting person. Of these awards, 113,210 are restricted shares that remain subject to service-based vesting conditions and 66,715 are restricted shares that remain subject to service- and performance-based vesting conditions.
- [F2]Represents the satisfaction of tax withholding obligations in connection with the conversion of the RSUs.
- [F3]On May 12, 2025, the reporting person was awarded 15,000 restricted share units ("RSUs"). The RSUs have converted into restricted shares subject to service-vesting conditions on a one-for-one basis. The restricted shares are held by the AerCap Holdings N.V. Equity Incentive Plans Trust for the benefit of the reporting person until the restricted shares are required to be transferred to the reporting person in accordance with the terms of the award agreement or are forfeited. A portion of the restricted shares were withheld to pay taxes incurred by the reporting person in connection with the conversion. The 15,000 restricted shares will vest on April 30, 2030.