[144] Willis Lease Finance Corp SEC Filing

Rhea-AI Filing Summary

Willis Lease Finance Corp. (WLFC) – Form 144 notice of proposed insider sale

A Form 144 filing reports that Austin C. Willis intends to sell 3,450 common shares through Merrill Lynch on or about 01 July 2025. At the market price used in the form, the transaction is valued at $483,034. With 6,902,975 shares outstanding, the planned sale represents roughly 0.05 % of the company’s equity.

The shares were acquired 01 Apr 2024 as compensation; full payment was made in cash. The filing also discloses a history of monthly sales by the same insider over the prior three months:

• 02 Jun 2025 – 3,450 shares for $453,036
• 01 May 2025 – 3,450 shares for $521,910
• 02 Apr 2025 – 3,450 shares for $544,271

Total shares sold in the last quarter: 10,350, generating approximately $1.52 million in proceeds. The broker for the upcoming sale is Merrill Lynch (Palm Beach Gardens, FL); the shares are listed on NASD.

The filer certifies that no undisclosed material adverse information is known, as required under Rule 144. While the dollar amounts are meaningful for the individual, the disposal is modest relative to the company’s float and does not, by itself, alter Willis Lease Finance’s fundamentals. Nevertheless, continued insider selling may be monitored by investors as a sentiment indicator.

Positive

• Minimal dilution: 3,450 shares equal roughly 0.05 % of WLFC’s outstanding shares, posing no material impact on ownership structure.
• Regulatory transparency: The filing provides timely disclosure of insider intentions, allowing investors to track insider sentiment.

Negative

• Continued insider selling: The filer has already sold 10,350 shares in the past three months and plans an additional sale, which may be viewed negatively by some investors.

Insights

Corporate Governance Expert

TL;DR: Small-scale, recurring insider sales; signal is mildly cautionary but not financially material to WLFC.

Rule 144 filings give transparency to insider dispositions. This sale equals only 0.05 % of shares outstanding, so dilution and market-impact risk are trivial. However, the pattern—three monthly sales already executed plus another proposed—shows a continuing desire by the filer to monetize compensation stock. Persistent insider selling can affect investor sentiment even when volumes are low. No negative operational information is alleged, and the form meets compliance requirements. Overall impact is neutral with a slight governance watch-flag.

Portfolio Manager

TL;DR: Transaction too small to move WLFC valuation; treat as routine liquidity event.

The upcoming $483K sale is insignificant versus WLFC’s market cap and daily trading volume. Aggregate sales of $1.52 million over three months remain immaterial. Liquidity overhang is negligible, and no pricing discount should be expected. Unless insider selling accelerates or involves larger percentages, the filing does not alter portfolio positioning. I classify the event as non-impactful.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common shares	Merrill Lynch 3507 Kyoto Gardens Drive Palm Beach Gardens FL 33410	3450	483034.00	6902975	07/01/2025	NASD

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common shares	04/01/2024	Compensation	Issuer			3450	04/01/2024	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Austin C. Willis 4700 Lyons Technology Parkway Coconut Creek FL 33073	Common Shares	06/02/2025	3450	453036.00
Austin C. Willis 4700 Lyons Technology Parkway Coconut Creek FL 33073	Common shares	05/01/2025	3450	521910.00
Austin C. Willis 4700 Lyons Technology Parkway Coconut Creek FL 33073	Common shares	04/02/2025	3450	544271.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many WLFC shares are being sold in the new Form 144 filing?

The filing covers 3,450 common shares proposed for sale.

What is the estimated value of the WLFC shares to be sold?

The aggregate market value listed is $483,034.

What percentage of Willis Lease Finance’s outstanding shares does the sale represent?

Approximately 0.05 % of the 6,902,975 shares outstanding.

Who is the insider selling WLFC stock and through which broker?

The seller is Austin C. Willis, using Merrill Lynch, Palm Beach Gardens, FL.

Have there been recent WLFC insider sales prior to this notice?

Yes. The same insider sold 3,450 shares each on 02 Jun 2025, 01 May 2025 and 02 Apr 2025, totaling 10,350 shares.

When were the shares being sold originally acquired?

They were acquired on 01 April 2024 as compensation.