Poerschke John D 4
Research Summary
AI-generated summary
Air Lease (AL) EVP John Poerschke Receives Award; 97 Shares Withheld
What Happened
- John D. Poerschke, Executive Vice President of Air Lease Corporation (AL), had 234 performance-based restricted stock units vest on Feb 12, 2026 (issued at $0.00 per share). To satisfy tax withholding on the vesting, 97 shares were surrendered/withheld at an indicated value of $64.66 each (total ≈ $6,272). The Form 4 was filed on Feb 17, 2026.
Key Details
- Transaction date: 2026-02-12; Form 4 filed: 2026-02-17 (timely filing given the Presidents’ Day holiday on Feb 16).
- Award: 234 shares issued upon vesting (code A — award/acquisition) at $0.00 (RSU vesting).
- Tax withholding: 97 shares surrendered/disposed (code F) at $64.66 each; total ≈ $6,272 to cover tax liability.
- Footnote: F1 — Shares were issued upon vesting of performance-based RSUs granted in 2023 under the Air Lease Corporation 2014 Equity Incentive Plan.
- Shares owned after the transaction: not specified in the provided filing details.
Context
- This was a compensation event (RSU vesting), not an open-market buy or sell; the 97-share disposition represents shares withheld to satisfy taxes, not a market sale intended as a liquidity or trading signal. Performance-based RSUs reflect prior grants (2023) vesting according to plan terms.