M3 Funds, LLC, M3 Partners, LP, M3F, Inc., Jason A. Stock, and William C. Waller filed Amendment No. 3 to their Schedule 13G with the SEC on October 28, 2026, disclosing a shared beneficial ownership position in AerSale Corp. common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Each reporting person disclosed shared beneficial ownership of 4,690,176 shares of AerSale Corp. common stock.
  • Percent of class: The 4,690,176 shares represent 9.83% of AerSale Corp.'s common stock, according to the filing.
  • No sole voting or dispositive power: All five reporting persons reported 0 shares held with sole voting or sole dispositive power; all power is shared.
  • Direct ownership structure: The filing states all reported shares are owned directly by M3 Partners, LP, whose general partner is M3 Funds, LLC and whose investment adviser is M3F, Inc.
  • Individual filers: Jason A. Stock and William C. Waller are identified as managers of the general partner and managing directors of the investment adviser, and are deemed to share indirect beneficial ownership.
  • Event date: The filing event triggering this amendment is dated September 30, 2026.

M3 Partners Group Discloses 4,690,176-Share Position in AerSale

According to the filing, all 4,690,176 shares of AerSale Corp. common stock covered by this Schedule 13G are owned directly by M3 Partners, LP, a Delaware limited partnership. M3 Funds, LLC, a Delaware limited liability company, serves as the general partner of M3 Partners, LP, and M3F, Inc., a Utah corporation, serves as the investment adviser. The filing notes that each of the general partner and investment adviser "could each be deemed to be indirect beneficial owners of the reported shares, and could be deemed to share such beneficial ownership with M3 Partners."

Jason A. Stock and William C. Waller are identified in the filing as the managers of M3 Funds, LLC and the managing directors of M3F, Inc. As a result, the filing states they "could be deemed to share such indirect beneficial ownership with the General Partner, the Investment Adviser and M3 Partners." Both individuals are United States citizens. All five reporting persons share the same business address: 2070 E 2100 S, Suite 250, Salt Lake City, UT 84109.

Each reporting person certified in the filing that, to the best of their knowledge, the securities "were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer." The issuer, AerSale Corp., is headquartered at 9850 NW 41 Street, Suite 400, Doral, Florida 33178. The filing was signed by Jason A. Stock and William C. Waller on October 27, 2026. No ticker symbol was stated on the Schedule 13G cover page; the CUSIP number given is 00810F106.

What Was Disclosed

Amendment No. 3 to a Schedule 13G disclosed that five related reporting persons, including M3 Partners, LP and its affiliated entities and managers, jointly hold 4,690,176 shares, representing 9.83% of AerSale Corp. common stock, as of September 30, 2026.