Garmendia Martin 4

What Happened Martin Garmendia, Chief Financial Officer and Treasurer of AerSale (ASLE), reported a sale of 6,094 shares on 2026-06-09 at $6.34 per share, generating proceeds of $38,638. The Form 4 indicates this was a sell-to-cover transaction tied to the vesting and settlement of 16,787 restricted stock units (RSUs) and was executed automatically under the company equity plan and a Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: 2026-06-09 — sale of 6,094 shares at $6.34 each (proceeds $38,638).
• Related footnote: Sale was a "sell to cover" to satisfy tax withholding on 16,787 vested RSUs; executed automatically pursuant to a 10b5-1 plan adopted Aug 14, 2023.
• ESPP additions reported: 963 shares purchased at $5.398 in June 2026 and 1,055 shares purchased at $4.93 in Nov 2025 (added to holdings).
• Shares owned after transaction: not specified in the public filing.
• Filing timeliness: Form filed 2026-06-11 for a 2026-06-09 transaction — appears timely (Form 4 is generally due within two business days).

Context

• "Sell-to-cover" sales are routine tax-withholding actions tied to RSU vesting and are typically automatic; they do not necessarily indicate a discretionary decision to reduce exposure.
• The 10b5-1 plan mention means the sale followed a pre-established trading arrangement. The ESPP purchases reflect separate, employee purchase activity adding shares to the insider's holdings.