Forsyte Carol Hyland 4

What Happened
Carol Forsyte (EVP, General Counsel, Corporate Secretary & CCO) had 100,752 shares of Sumisho Air Lease converted into cash as part of a merger consideration. Each share was converted at $65.00, resulting in total proceeds of $6,548,880. This disposition was a company buyout/cash-out in connection with a merger (Disposition to the Issuer), not an open-market sale by the insider.

Key Details

• Transaction date: 2026-04-08; Per-share price: $65.00; Total value: $6,548,880.
• Transaction code: D (Disposition to the issuer — merger cash-out).
• Filing date: 2026-04-10 (timely filing within the usual 2-business-day Form 4 window).
• Shares owned after transaction: the reported Class A common shares were cancelled/converted at the merger Effective Time (i.e., effectively 0 Class A shares remaining).
• Footnote: The filing notes the Merger Agreement converted all outstanding Class A shares into $65.00 cash per share. It also states 5,816 unvested RSUs (part of the 100,752 reported) were cancelled and converted into cash awards tied to the same $65.00 per-share price; those Converted Cash Awards remain subject to the original vesting terms and applicable tax withholding.

Context
This was a corporate merger cash-out (each share converted to cash) rather than a discretionary insider sell. Such dispositions reflect the deal terms (a fixed $65/share payout) and do not necessarily indicate insider trading sentiment. For retail investors, purchase transactions usually convey stronger signals about insider confidence; merger cash-outs are routine corporate events.