HART MATTHEW J 4

What Happened
Matthew J. Hart, a director of Sumisho Air Lease Corporation (AL), disposed of 40,587 shares on 2026-04-08 at $65.00 per share, receiving $2,638,155. The disposition was a conversion/cash-out tied to the company's merger (each share converted to $65.00 in cash).

Key Details

• Transaction date and price: 2026-04-08, disposition at $65.00 per share.
• Total proceeds reported: $2,638,155.
• Transaction code: D (Disposition to the issuer) — not an open-market sale.
• Filing date: 2026-04-10; transaction reported within the usual 2-business-day window (timely).
• Shares owned after transaction: Not reported in the Form 4 excerpt provided.
• Notable footnotes:
  • F1: The disposition resulted from the Merger Agreement — each outstanding Class A share was cancelled and converted into the right to receive $65.00 cash per share.
  • F2: The 40,587 shares include 2,698 unvested RSUs that were cancelled and converted into a cash payment (subject to withholding).

Context
This was a merger-related cash-out (company acquisition/merger) rather than a voluntary market sale by the insider. Such dispositions reflect the deal terms (per‑share cash consideration) rather than a signal about the insider’s view of the company’s future performance.