Austin C. Willis - Feb 3, 2025 Form 4 Insider Report for WILLIS LEASE FINANCE CORP (WLFC)

Signature
/s/ Austin C. Willis
Stock symbol
WLFC
Transactions as of
Feb 3, 2025
Transactions value $
-$660,894
Form type
4
Date filed
2/5/2025, 04:05 PM
Previous filing
Jan 6, 2025
Next filing
Mar 5, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLFC Common Stock Sale -$202K -1.07K -0.65% $189.31 164K Feb 3, 2025 Direct F1, F2
transaction WLFC Common Stock Sale -$19K -100 -0.06% $190.14 164K Feb 3, 2025 Direct F1, F3
transaction WLFC Common Stock Sale -$222K -1.16K -0.71% $192.04 163K Feb 3, 2025 Direct F1, F4
transaction WLFC Common Stock Sale -$159K -825 -0.51% $192.91 162K Feb 3, 2025 Direct F1, F5
transaction WLFC Common Stock Sale -$58.4K -300 -0.19% $194.55 161K Feb 3, 2025 Direct F1, F6
holding WLFC Common Stock 5.42K Feb 3, 2025 Son F7
holding WLFC Common Stock 5.42K Feb 3, 2025 Daughter F8
holding WLFC Common Stock 20.9K Feb 3, 2025 Brother F9
holding WLFC Common Stock 2.65K Feb 3, 2025 Austin C. Willis 2019 Irrevocable Trust F10
holding WLFC Common Stock 8.69K Feb 3, 2025 CFW V 2016 Trust F11
holding WLFC Common Stock 233K Feb 3, 2025 2019 Willis Family Trust F12, F13
holding WLFC Common Stock 405K Feb 3, 2025 CFW Partners F14
* 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 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.
F2 This transaction was executed in multiple trades at prices ranging from $189.01 to $189.91, 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 (2) of this Form 4.
F3 3 This transaction was executed in multiple trades at prices ranging from $190.09 to $190.16, 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 (3) of this Form 4.
F4 This transaction was executed in multiple trades at prices ranging from $191.60 to $192.515, 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 $192.70 to $193.42, 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 $194.24 to $195.17, 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 Rooster A. Willis 2019 Trust, Austin Willis Trustee.
F8 Wilder Grace Willis 2019 Trust, Austin Willis Trustee.
F9 Charles F. Willis V 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.