Drouillard Vincent 4

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.