AerSale Corp (NASDAQ: ASLE) Chief Information Officer Enrique Pizzi executed a transaction on June 9, 2026, selling 3,122 shares of the company's common stock. The total value of the sale amounted to $19,794. The transaction was carried out at a price of $6.3403 per share. This specific sale was classified as a "sell to cover" event, designed to satisfy tax withholding requirements linked to the vesting and settlement of 9,212 restricted stock units (RSUs) previously awarded to Pizzi. The sale was processed automatically in compliance with the company's equity plan and a Rule 10b5-1 trading plan established by Pizzi on August 14, 2023, specifically intended for such tax obligations.
Following this transaction, Pizzi's direct ownership in AerSale common stock totals 81,224 shares. This figure includes shares acquired through the company's Employee Stock Purchase Plan (ESPP). Recent ESPP purchases include 1,019 shares bought at $5.398 in June 2026 and 264 shares acquired at $4.93 in November 2025. The company's stock is currently trading at $6.17, reflecting a 13% decline year-to-date. Despite this decline, InvestingPro analysis indicates the company may be undervalued, assigning it a Fair Value of $8.61, which suggests a potential upside of 40%. AerSale appears on InvestingPro's Most Undervalued list, with analysts projecting profitability growth for the current year. For further insights, AerSale's comprehensive Pro Research Report is available, covering this equity and over 1,400 other US equities.
In other recent developments, AerSale Corp reported its first-quarter 2026 earnings, which fell short of analyst expectations. The company experienced significant shortfalls in both earnings per share and revenue compared to forecasts. Despite reporting a net loss, AerSale demonstrated improvement from the previous year. The company's stock remained stable in aftermarket trading following the announcement. These events are part of the ongoing financial updates from AerSale.