secwatch.observer — SEC 8-K summary
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Issuer:     WILLIS LEASE FINANCE CORP (WLFC)
CIK:        0001018164
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0001018164-25-000143
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018164/000101816425000143/0001018164-25-000143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018164/000101816425000143/wlfc-20251204.htm
  HTML page:      https://secwatch.observer/filing/0001018164-25-000143

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer