Willis Lease Finance (WLFC) SVP returns 612 shares to issuer for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Willis Lease Finance executive Clifton Dameron reported a routine tax-related share disposition. On May 15, he returned 612 shares of common stock to the company at $180.03 per share to satisfy withholding tax on previously restricted shares, leaving him with 14,331 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dameron Clifton
Role
SVP, GC & Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 612 | $180.03 | $110K |
Holdings After Transaction:
Common Stock — 14,331 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares used for tax withholding: 612 shares
Transaction share value: $180.03 per share
Shares held after transaction: 14,331 shares
+1 more
4 metrics
Shares used for tax withholding
612 shares
Common Stock, transaction code F on May 15
Transaction share value
$180.03 per share
Price applied to tax-withholding disposition
Shares held after transaction
14,331 shares
Direct ownership following tax-withholding return
Tax-withholding transactions
1 transaction, 612 shares
Summary of Form 4 tax-withholding activity
Key Terms
tax-withholding disposition, restricted shares, transaction code F, direct ownership
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
transaction code F financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
direct ownership financial
"ownership_type: "direct" and total_shares_following_transaction: "14331.0000""
FAQ
What did WLFC executive Clifton Dameron report in this Form 4?
Clifton Dameron reported returning 612 shares of Willis Lease Finance common stock to the issuer. The shares were used to pay withholding taxes on previously restricted stock, and he now holds 14,331 shares directly after this tax-related transaction.
What does transaction code F mean in the WLFC Form 4 filing?
Transaction code F indicates a tax-withholding disposition in the Form 4. It shows that shares, here 612 common shares of Willis Lease Finance, were delivered back to the issuer to pay an exercise price or related tax liability on equity compensation.