Clark Yvette Hollingsworth 4

What Happened

• Director Yvette Hollingsworth disposed of 25,288.82 shares of Sumisho Air Lease (AL) at $65.00 per share, receiving $1,643,773. The disposition was a "D" (disposition to the issuer) in connection with the company’s merger, in which each share was converted into the right to receive $65.00 in cash.

Key Details

• Transaction date: 2026-04-08; Form filed: 2026-04-10.
• Price: $65.00 per share; Total proceeds: $1,643,773.
• Shares reported disposed include: 5,984 vested but deferred RSUs (with accrued dividend equivalents) and 2,698 unvested RSUs, which were canceled and converted into cash payments under the merger terms.
• Transaction type: Disposition to issuer (merger cash-out), not an open-market sale.
• Shares owned after transaction: not disclosed in the provided filing.
• Timeliness: Filing appears timely (transaction 4/8/2026; Form 4 filed 4/10/2026); no late filing flag indicated.

Context

• This was a merger-related cash-out: Merger Sub merged into the issuer and all outstanding common shares were canceled and converted into the right to receive $65.00 per share. The RSUs (both vested-deferred and unvested) were likewise converted into cash payments as described in the filing.
• Such dispositions arising from corporate transactions are routine and reflect the deal terms rather than an insider’s open-market selling decision.