Beker David 4

What Happened
David Beker, EVP, Marketing of SUMISHO Air Lease Corporation, reported a disposition to the issuer on April 8, 2026: 36,408 shares were converted/cashed out at $65.00 per share for a total of $2,366,520. This disposition arose from a merger in which each outstanding share was converted into the right to receive $65.00 in cash.

Key Details

• Transaction date and price: 2026-04-08 at $65.00 per share.
• Total proceeds: $2,366,520.
• Shares reported disposed include 4,472 unvested RSUs that were cancelled and converted into cash equivalents (see footnote F2); those Converted Cash Awards remain subject to the original vesting terms.
• Transaction code: D (disposition to the issuer) — this is a cash-out under the Merger Agreement, not an open-market sale.
• Filing: Form 4 filed 2026-04-10 (appears timely; Form 4 is generally due within two business days).
• Shares owned after transaction: not disclosed in the provided filing excerpt.

Context
This was a merger cash-out (per the Merger Agreement), where all issued Class A shares were cancelled and converted into $65.00 per share in cash at the Effective Time. Such issuer dispositions tied to corporate transactions reflect the deal terms rather than an insider-initiated market sale and therefore should not be read as a standalone signal of insider sentiment.