Korde Kishore 4

What Happened Korde Kishore, Executive Vice President of Air Lease Corporation (AL), had 1,850 shares withheld to satisfy a tax liability (transaction code F) on February 25, 2026. The withholding price was $64.85 per share, for a total value of approximately $119,972. This was a tax-withholding disposal (not an open-market sale) and is typically a routine administrative transaction following an option exercise or vesting event.

Key Details

• Date: February 25, 2026; Filing date: February 27, 2026 (filed within the standard 2-business-day window).
• Shares withheld/disposed: 1,850 at $64.85 each; total value ≈ $119,972.
• Shares owned after the transaction: Not specified in this filing.
• Footnotes:
  • F1/F2 — Some shares reported are owned by one of the reporting person's children or held by him as custodian under the California Uniform Transfers to Minors Act; Mr. Kishore disclaims beneficial ownership except to the extent of his pecuniary interest.
• Transaction type: F = payment of exercise price or tax liability by delivering/withholding shares (i.e., tax withholding).

Context This filing reflects shares withheld to cover taxes (often tied to option exercises or restricted stock vesting). Such withholding is administrative and does not necessarily indicate a voluntary sell order or change in the insider's view of the company. The custodial footnotes note that some reported shares are held for a child and are disclaimed for beneficial ownership purposes.