secwatch.observer — SEC 8-K summary
======================================

Issuer:     AerSale Corp (ASLE)
CIK:        0001754170
Form:       8-K
Filed at:   2024-06-13T23:59:59+00:00
Accession:  0001558370-24-009136
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

AerSale boosts CEO equity target to 300% of base salary; raises CFO pay
-----------------------------------------------------------------------

- CEO Nicolas Finazzo's annual target equity incentive increased from 200% to 300% of base salary.
- CFO Martin Garmendia's base salary raised to $425,000 (from $400,000); cash bonus target to 60% of salary.
- CFO's annual equity incentive target raised to 100% of base salary from 95%.
- Equity awards split: 50% performance RSUs (3-year cumulative target), 25% time-vesting RSUs, 25% stock options.
- Changes effective June 7, 2024, approved by Compensation Committee and Board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754170/000155837024009136/0001558370-24-009136-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754170/000155837024009136/asle-20240607x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-009136

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