What happened
The FAA’s narrative, in sentence case. The FAA writes it in capitals and removes private details.
Report, FAA form 8020-11, indicates N275E, a LR-24 level at FL430 deviated 300 feet from altitude and lost separtation with N78RP who was at FL410. Report states Mr. Ross truesdale was the pilot. According to Mr. Truesdale his aircraft encountered a mountain wave which caused his aircraft to descent. Mr. Truesdale stated he uncoupled the auto pilot at 150 feet and began corrective action however the aircraft did deviate 300 feet from 430 before returning to its assigned altitude. No further action required. This matter is closed.
As the FAA filed it
REPORT, FAA FORM 8020-11, INDICATES N275E, A LR-24 LEVEL AT FL430 DEVIATED 300 FEET FROM ALTITUDE AND LOST SEPARTATION WITH N78RP WHO WAS AT FL410. REPORT STATES MR. ROSS TRUESDALE WAS THE PILOT. ACCORDING TO MR. TRUESDALE HIS AIRCRAFT ENCOUNTERED A MOUNTAIN WAVE WHICH CAUSED HIS AIRCRAFT TO DESCENT. MR. TRUESDALE STATED HE UNCOUPLED THE AUTO PILOT AT 150 FEET AND BEGAN CORRECTIVE ACTION HOWEVER THE AIRCRAFT DID DEVIATE 300 FEET FROM 430 BEFORE RETURNING TO ITS ASSIGNED ALTITUDE. NO FURTHER ACTION REQUIRED. THIS MATTER IS CLOSED.