UDVAR-HAZY STEVEN F 4

What Happened
Steven F. Udvar-Hazy, a director of Air Lease Corp (AL), reported a disposition by gift of 60,000 shares on March 5, 2026. The Form 4 shows the transaction as a gift (code G) with a reported dollar amount of $0 for proceeds, consistent with a non-sale transfer.

Key Details

• Transaction date: 2026-03-05 (reported on Form 4 filed 2026-03-09). Filing appears timely (filed within the 2-business-day window).
• Transaction type: Gift (G) — 60,000 shares, reported $0 proceeds.
• Shares owned after transaction: Not specified in the provided filing details.
• Relevant footnotes: F1 indicates this was a bona fide gift per the issuer’s insider trading policy; F10 notes these shares are held by the Hazy Family Community Property Trust (5/28/85), of which the reporting person is trustee and beneficial owner. Several other family/trust ownership footnotes appear in the filing clarifying ownership relationships.

Context
Gifts are dispositions, not open-market sales or purchases, and do not by themselves signal insider sentiment about the company’s stock price. The filing documents a transfer within family/trust structures rather than a cash-generating sale.