STOCK TITAN

AerSale (ASLE) director Mullins receives 19,623 restricted stock units as equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mullins Thomas Wiese reported acquisition or exercise transactions in this Form 4 filing.

AerSale Corp director Thomas Wiese Mullins received an equity grant of 19,623 restricted stock units of common stock. The award was granted under the company’s Second Amended and Restated Non-Employee Director Compensation Policy as part of his board compensation.

The restricted stock units will vest 100% on June 5, 2027, provided he continues serving on AerSale’s Board of Directors through that date. After this grant, Mullins directly holds a reported total of 46,424 shares or share-equivalents of AerSale common stock, reflecting his ongoing equity-based alignment with the company.

Positive

  • None.

Negative

  • None.
Insider Mullins Thomas Wiese
Role null
Type Security Shares Price Value
Grant/Award Common Stock 19,623 $0.00 --
Holdings After Transaction: Common Stock — 46,424 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 19,623 restricted stock units Award of common stock units to director on June 5, 2026
Grant price $0.00 per share Indicates compensation grant, not open-market purchase
Total holdings after transaction 46,424 shares Direct ownership reported following the RSU award
Vesting date June 5, 2027 RSUs vest 100% on this date, subject to continued service
Conversion ratio 1 RSU : 1 share Each restricted stock unit converts into one common share upon vesting
restricted stock units financial
"Represents an award of restricted stock units granted under the Second Amended and Restated Non-Employee Director Compensation Policy"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Second Amended and Restated Non-Employee Director Compensation Policy financial
"granted under the Second Amended and Restated Non-Employee Director Compensation Policy, which will vest 100% on 6/05/2027"
vest 100% financial
"which will vest 100% on 6/05/2027, subject to continued service on the Issuer's Board of Directors"
convert into one share financial
"Each restricted stock unit will convert into one share of the Issuer's common stock upon vesting"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Mullins Thomas Wiese

(Last)(First)(Middle)
9850 NW 41ST ST, SUITE 400

(Street)
DORAL FLORIDA 33178

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AerSale Corp [ ASLE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/05/2026A19,623(1)A$0.0046,424D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an award of restricted stock units granted under the Second Amended and Restated Non-Employee Director Compensation Policy, which will vest 100% on 6/05/2027, subject to continued service on the Issuer's Board of Directors through such date. Each restricted stock unit will convert into one share of the Issuer's common stock upon vesting.
/s/ Martin Garmendia, as attorney-in-fact for Thomas Mullins06/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did AerSale (ASLE) director Thomas Wiese Mullins report in this Form 4?

AerSale director Thomas Wiese Mullins reported receiving 19,623 restricted stock units of common stock as a compensation grant. The award was made under AerSale’s non-employee director compensation policy and increases his total reported direct holdings to 46,424 shares or share-equivalents.

How many restricted stock units did AerSale (ASLE) grant to director Mullins?

AerSale granted director Thomas Wiese Mullins 19,623 restricted stock units of common stock. These units represent a right to receive the same number of AerSale shares, subject to vesting conditions tied to continued service on the company’s Board of Directors through the specified vesting date.

When do Thomas Wiese Mullins’ AerSale (ASLE) restricted stock units vest?

The 19,623 restricted stock units granted to Thomas Wiese Mullins vest 100% on June 5, 2027. Vesting is conditioned on his continued service on AerSale’s Board of Directors through that date, after which each unit converts into one share of common stock.

What is Thomas Wiese Mullins’ total AerSale (ASLE) ownership after this grant?

Following the grant, Thomas Wiese Mullins is reported as directly holding 46,424 shares or share-equivalents of AerSale common stock. This total includes the newly awarded 19,623 restricted stock units, which will convert into common shares once they vest on June 5, 2027.

Did Thomas Wiese Mullins buy AerSale (ASLE) shares on the open market?

No, the Form 4 shows a grant, not an open-market purchase. The 19,623 common stock units were awarded at a reported price of $0.00 per share as director compensation, reflecting equity-based pay rather than a discretionary market transaction by Mullins.