ASLE 8-K
AerSale Corp (ASLE)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 1, 2025, the Board of Directors of AerSale Corporation (the “Company”) approved the target equity grants for 2025 under the AerSale Corporation 2020 Equity Incentive Plan, as amended, for each of Martin Garmendia, the Company’s Chief Financial Officer and Treasurer, and Gary Jones, the Company’s Chief Operating Officer and Head of Material Sales, with values equal to 150% of their respective base salaries. Such target equity grants reflect an increase in Messrs. Garmendia and Jones’ annual target equity opportunities from 100% of their respective base salaries to 150% of their respective base salaries; are apportioned 50% in performance stock units, 25% in restricted stock units, and 25% in stock options; and are subject to the terms and conditions as set forth in the applicable equity award agreements.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AERSALE CORPORATION | |||
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Date: August 7, 2025 | By: | /s/ Martin Garmendia | ||
| Name: | Martin Garmendia | ||
| Title: | Chief Financial Officer and Treasurer | ||
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