CEO John L Plueger sells 155.8K AL shares at $64.03; retains 725.9K shares post-sale
CEO John L Plueger sold 155,821 shares of Air Lease Corp at $64.03, reducing his holdings by 17.7% to 725,941 shares. The sale was executed near the company's 52-week high of $64.28 (-0.5% from peak), suggesting execution timing aligned with elevated valuations. Examining his prior AL trades in February 2024, all three consecutive sales occurred in a concentrated window and subsequently generated positive 90-day returns (ranging from 19.1% to 21.1%), meaning the stock rose after he sold—indicating those prior sales were poorly timed for capturing gains. The company trades at a P/E of 7.01 with Q3 net income of $146.5M on revenue of $725.4M, reflecting a profitable but modestly growing business (+1.8% annual revenue growth). This sale maintains meaningful CEO exposure ($46.5M+ at current prices) while distributing a material portion of accumulated shares.