Beker David 4
Research Summary
AI-generated summary
Air Lease (AL) EVP David Beker Receives Award; 140 Shares
What Happened
- David Beker, Executive Vice President, Marketing at Air Lease Corporation, had 140 shares issued upon the vesting of performance-based restricted stock units (RSUs) awarded in 2023. The award is reported as an acquisition (code A) at $0.00.
- Simultaneously, 49 of those shares were disposed (code F) to satisfy tax withholding, reported at $64.66 per share for a total withholding value of $3,168.
Key Details
- Transaction date (period of report): 2026-02-12. Form 4 filed: 2026-02-17 (filed 5 days after the transaction).
- Award: 140 shares issued upon RSU vesting (reported acquisition price $0.00).
- Tax withholding: 49 shares withheld/disposed at $64.66/share = $3,168 (payment of tax liability).
- Footnote: Shares issued upon vesting of performance-based RSUs granted in 2023 under the Air Lease Corporation 2014 Equity Incentive Plan (footnote F1).
- Shares owned after the transaction: not specified in the information provided in this summary.
Context
- This was a compensation-related issuance (RSU vesting), not an open-market purchase or sale intended as an investment signal. The withholding of shares to cover taxes is a routine administrative step (often called a cashless or share-withholding arrangement).
- Form 4s should be filed within two business days of the transaction; this filing was submitted five days after the reported transaction date, which appears later than the standard deadline.