{"schema_version":"secwatch.filing_event.v1","accession":"0001018164-23-000019","form_type":"8-K","ticker":"WLFC","cik":"0001018164","company_name":"WILLIS LEASE FINANCE CORP","filed_at":"2023-09-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.887506+00:00","generated_at":"2026-06-10T07:20:33.084029+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Willis Lease amends Series A-1 Preferred terms: extends redemption, raises dividend to 8.5%","bullets":["Mandatory redemption date for Series A-1 Preferred extended from Oct 17, 2023 to Sep 27, 2024.","Series A-1 dividend rate increased to 8.5% per annum from 6.5%, effective Oct 16, 2023.","Amendment agreed with Development Bank of Japan, applies only to Series A-1 holders.","Series A-2 Preferred terms unchanged at 6.5% rate; no impact on common stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001018164-23-000019","json":"https://secwatch.observer/filing/0001018164-23-000019.json","markdown":"https://secwatch.observer/filing/0001018164-23-000019.md","text":"https://secwatch.observer/filing/0001018164-23-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1018164/000101816423000019/0001018164-23-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1018164/000101816423000019/wlfc-20230926.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T07:20:33.084029+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ca87935d48202c0edc609103460d621f334a4bfe","claim":"WILLIS LEASE FINANCE CORP amended First Amendment to Second Amended and Restated Certificate of Designations, Preferences, and Relative Rights and Limitations of Series A Cumulative Redeemable Preferred Stock with Development Bank of Japan Inc. valued at Extended Mandatory Redemption Event date to September 27, 2024; 8.5% quarterly dividend rate commenc (effective 2023-09-26).","evidence_excerpt":"On September 26, 2023, Willis Lease Finance Corporation (the “Company”) entered into the First Amendment to Second Amended and Restated Certificate of Designations, Preferences, and Relative Rights and Limitations of Series A Cumulative Redeemable Preferred Stock with Development Bank of Japan Inc., which impacts only the holders of the Company’s Series A-1 Preferred Stock.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1018164/000101816423000019/0001018164-23-000019-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"Development Bank of Japan Inc."},{"label":"Value","value":"Extended Mandatory Redemption Event date to September 27, 2024; 8.5% quarterly dividend rate commenc"},{"label":"Effective","value":"2023-09-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}