Khatibi Alex A 4
Research Summary
AI-generated summary
Air Lease (AL) EVP Alex Khatibi Withholds 1,815 Shares for Taxes
What Happened
Alex A. Khatibi, Executive Vice President of Air Lease Corp (AL), disposed of 1,815 shares on February 25, 2026. The shares were withheld at a per-share value of $64.85, for a total value of approximately $117,703. The transaction is coded F, indicating the shares were used to pay an exercise price or tax liability (i.e., a tax withholding/net-share settlement), not an open-market sale.
Key Details
- Transaction date and price: 2026-02-25 at $64.85 per share.
- Shares disposed: 1,815; total value ≈ $117,703.
- Transaction code: F — payment of exercise price or tax liability (share withholding).
- Filing date: 2026-02-27 — appears to be timely (filed within the typical 2-business-day Form 4 window).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No 10b5-1 plan or other footnotes were noted in the excerpt provided.
Context
A Code F disposition usually reflects withholding to cover taxes or option exercise costs (a net-share settlement) rather than an intentional sale on the open market. These routine withholding transactions are common following option exercises or vesting and do not necessarily signal the insider’s view on the company’s stock.