Dameron Clifton 4
Research Summary
AI-generated summary
Willis Lease Finance (WLFC) SVP Clifton Surrenders 612 Shares for Taxes
What Happened
- Clifton Dameron, SVP, General Counsel & Corporate Secretary of Willis Lease Finance Corp (WLFC), disposed of 612 previously restricted shares on May 15, 2026. The shares were valued at $180.03 each, for a total of $110,178. The transaction is coded F (payment of exercise price or tax liability) and is described as a return to the issuer to satisfy withholding tax.
Key Details
- Transaction date: 2026-05-15; Filing date: 2026-05-18 (report covers the May 15 transaction).
- Price per share: $180.03; Shares involved: 612; Total value: $110,178.
- Transaction code: F — payment of tax liability via share surrender.
- Footnote: F1 — returned previously restricted shares to satisfy withholding tax liability.
- Shares owned after transaction: not specified in the provided filing summary.
Context
- This was a tax-withholding event (shares surrendered to the company), not an open-market sale. Such withholdings are routine when restricted stock vests and do not necessarily indicate insider sentiment about the company’s prospects. Purchases or open-market sales generally provide clearer signals to investors than tax-related surrenders.