Austin C. Willis - 06 Dec 2024 Form 4 Insider Report for WILLIS LEASE FINANCE CORP (WLFC)

Signature
/s/ Austin C. Willis
Issuer symbol
WLFC
Transactions as of
06 Dec 2024
Net transactions value
-$691,103
Form type
4
Filing time
10 Dec 2024, 16:19:19 UTC
Previous filing
03 Apr 2024
Next filing
30 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLFC Common Stock Gift $0 +5,000 +31% $0.000000 20,922 23 May 2024 Brother F1, F2
transaction WLFC Common Stock Sale $147,531 -750 -0.46% $196.71 163,482 06 Dec 2024 Direct F3, F4
transaction WLFC Common Stock Sale $118,651 -600 -0.37% $197.75 162,882 06 Dec 2024 Direct F3, F5
transaction WLFC Common Stock Sale $100,232 -500 -0.31% $200.46 162,382 06 Dec 2024 Direct F3, F6
transaction WLFC Common Stock Sale $161,767 -800 -0.49% $202.21 161,582 06 Dec 2024 Direct F3, F7
transaction WLFC Common Stock Sale $101,530 -500 -0.31% $203.06 161,082 06 Dec 2024 Direct F3, F8
transaction WLFC Common Stock Sale $61,392 -300 -0.19% $204.64 160,782 06 Dec 2024 Direct F3
holding WLFC Common Stock 5,337 06 Dec 2024 Son F9
holding WLFC Common Stock 2,654 06 Dec 2024 Austin C. Willis 2019 Irrevocable Trust F10
holding WLFC Common Stock 8,692 06 Dec 2024 CFW V 2016 Trust F11
holding WLFC Common Stock 232,715 06 Dec 2024 2019 Willis Family Trust F12, F13
holding WLFC Common Stock 405,488 06 Dec 2024 CFW Partners F14
holding WLFC Common Stock 5,337 06 Dec 2024 Daughter F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Gift of shares from Charles F. Willis IV.
F2 Charles F. Willis V 2019 Trust, Austin Willis Trustee.
F3 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 5, 2024.
F4 This transaction was executed in multiple trades at prices ranging from $196.13 to $197.04, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) of this Form 4.
F5 This transaction was executed in multiple trades at prices ranging from $197.16 to $198.09, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (5) of this Form 4.
F6 This transaction was executed in multiple trades at prices ranging from $200.32 to $201.045, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (6) of this Form 4.
F7 This transaction was executed in multiple trades at prices ranging from $201.59 to $202.58, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (7) of this Form 4.
F8 This transaction was executed in multiple trades at prices ranging from $202.88 to $203.57, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (8) of this Form 4.
F9 Rooster A. Willis 2019 Trust, Austin Willis Trustee.
F10 Austin C. Willis 2019 Irrevocable Trust, Mary Willis Trustee.
F11 Charles F. Willis V 2016 Trust, Austin Willis Trustee.
F12 2019 Willis Family Trust, Austin Willis Trustee.
F13 Includes 213,415 shares having shared voting power of CFW Partners with Charles F. Willis IV.
F14 Shared voting power of CFW Partners with Charles F. Willis IV.
F15 Wilder Grace Willis 2019 Trust, Austin Willis Trustee.