Barrington Colm 4
Research Summary
AI-generated summary
WILLIS LEASE (WLFC) Director Colm Barrington Receives Award
What Happened
Colm Barrington, a director of Willis Lease Finance Corp (WLFC), was awarded 3,000 restricted shares on 2026-05-26. The award is recorded at $185.62 per share, for a total grant value of $556,860. This was an equity award/acquisition (Form 4 transaction code "A"), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-26; filing date: 2026-05-27 (timely filing).
- Shares awarded: 3,000 restricted shares at $185.62 each; total value $556,860.
- Security type: Restrictive stock grant (award).
- Shares owned after transaction: Not reported in the Form 4 filing.
- Footnote: F1 — the restricted stock grant vests over one year.
- Filing timeliness: Filed one day after the transaction date; not flagged as late.
Context
Restricted stock awards are typically compensation or retention grants to insiders; they vest over time (here, one year), so the shares are not immediately liquid. This is an acquisition of equity via company award rather than a market trade and should be viewed as compensation-related rather than direct insider buying in the open market.