{"schema_version":"secwatch.filing_event.v1","accession":"0001018164-25-000041","form_type":"8-K","ticker":"WLFC","cik":"0001018164","company_name":"WILLIS LEASE FINANCE CORP","filed_at":"2025-04-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.157903+00:00","generated_at":"2026-05-23T20:38:58.164712+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Willis Lease cancels 231,000-share option to executive chairman, modifies restricted stock vesting","bullets":["Canceled a non-qualified stock option for 231,000 shares granted to Charles F. Willis IV on March 19, 2025; no replacement grant.","Sign-On RS Award of 44,904 shares (target value $8M) changed from fully vested to three-year graded vesting starting March 19, 2025.","Unvested RS shares accelerate on termination without cause, for good reason, death or disability; forfeited on cause or voluntary resignation.","Changes approved by Compensation Committee and effective March 31, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001018164-25-000041","json":"https://secwatch.observer/filing/0001018164-25-000041.json","markdown":"https://secwatch.observer/filing/0001018164-25-000041.md","text":"https://secwatch.observer/filing/0001018164-25-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1018164/000101816425000041/0001018164-25-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1018164/000101816425000041/wlfc-20250331.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T20:38:58.164712+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}