---
schema_version: "secwatch.filing_event.v1"
accession: "0001018164-25-000143"
form_type: "8-K"
ticker: "WLFC"
cik: "0001018164"
company_name: "WILLIS LEASE FINANCE CORP"
filed_at: "2025-12-09T23:59:59+00:00"
generated_at: "2026-05-16T13:44:29.334265+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# CEO Austin Willis gets $1M base salary, 125% bonus target; co repurchases 30K shares from exec chairman

## Summary
- CEO Austin Willis receives $1M annual base salary, target bonus of 125% of base.
- Company repurchases 30,000 shares from Executive Chairman Charles Willis at $126.28/share.
- Repurchase price is VWAP as of Dec 4, 2025 discounted by 2%; approved by special committee.
- Charles Willis intends to use proceeds for estate planning.
- Change-in-control definition amended for both employment agreements.

## SEC filing metadata
- accession: 0001018164-25-000143
- form_type: 8-K
- ticker: WLFC
- cik: 0001018164
- company_name: WILLIS LEASE FINANCE CORP
- filed_at: 2025-12-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1018164/000101816425000143/0001018164-25-000143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1018164/000101816425000143/wlfc-20251204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001018164-25-000143
- JSON: https://secwatch.observer/filing/0001018164-25-000143.json
- Plain text: https://secwatch.observer/filing/0001018164-25-000143.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.