WLFC - Willis Lease Finance Executive Chairman Trades $1.98M In Company Stock | Benzinga
Charles F. Willis IV, Executive Chairman at Willis Lease Finance (NASDAQ:WLFC), executed a substantial insider sell on May 29, according to an SEC filing.
What Happened: IV's recent Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday unveiled the sale of 30,000 shares of Willis Lease Finance. The total transaction value is $1,981,226.
During Thursday's morning session, Willis Lease Finance shares up by 2.95%, currently priced at $67.1.
Delving into Willis Lease Finance's Background
Willis Lease Finance Corp with its subsidiaries is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments namely Leasing and Related Operations which involves acquiring and leasing, pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment and the selective purchase and resale of commercial aircraft engines and other aircraft equipment and other related businesses and Spare Parts Sales segment involves the purchase and resale of after-market engine parts, whole engines, engine modules and portable aircraft components. The company generates the majority of its revenue from leasing and related operations.
Key Indicators: Willis Lease Finance's Financial Health
Revenue Growth: Over the 3 months period, Willis Lease Finance showcased positive performance, achieving a revenue growth rate ...