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Willis Lease Finance repurchases common shares from CEO


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Willis Lease Finance repurchases common shares from CEO

Willis LeaseFinance Corp. on April 1 purchased 60,000 shares of its commonstock directly from CEO Charles Willis for $21.59 per share, which was theclosing price of the company's common stock as of March 31, the companydisclosed in a Form 8-K filed April 5.

The transaction was approved by a special committee of theboard.

The company on April 1 adopted a written trading plan underrule 10b5-1 to facilitate the repurchase of its common shares, according to anotherForm 8-K filed April 5.