AAR CORP (NYSE: AIR) awards 7,267 performance-based restricted shares to SVP-CCO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AAR CORP reported that Senior Vice President-CCO Christopher A. Jessup acquired 7,267 shares of common stock on July 14, 2026 through a grant of additional restricted stock at $0.0000 per share. A footnote states these shares were earned after performance criteria were certified at a level exceeding the target under a Restricted Stock Agreement. Following this award, Jessup directly holds 73,035.525 shares of AAR CORP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jessup Christopher A.
Role
Senior Vice President-CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,267 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 73,035.525 shares (Direct)
Footnotes (1)
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Key Figures
Restricted shares granted: 7,267 shares
Grant price per share: $0.0000 per share
Shares owned after transaction: 73,035.525 shares
3 metrics
Restricted shares granted
7,267 shares
Additional restricted stock acquired on July 14, 2026 upon performance certification
Grant price per share
$0.0000 per share
Price for the 7,267 restricted common shares granted to Christopher Jessup
Shares owned after transaction
73,035.525 shares
Direct AAR CORP common stock holdings of Christopher Jessup following the award
Key Terms
restricted stock, performance criteria, Restricted Stock Agreement, target award amount
4 terms
restricted stock financial
"Represents additional restricted stock acquired upon certification of performance criteria"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
performance criteria financial
"acquired upon certification of performance criteria (at a level exceeding the target level)"
Restricted Stock Agreement financial
"pursuant to a Restricted Stock Agreement. The initial target award amount"
target award amount financial
"The initial target award amount was reported on a Form 4 filed"
FAQ
What insider transaction did AAR CORP (AIR) report for Christopher A. Jessup?
AAR CORP reported that Senior Vice President-CCO Christopher A. Jessup received 7,267 shares of restricted common stock as a grant at $0.0000 per share, based on certified performance criteria under a Restricted Stock Agreement.
Was Christopher Jessup’s AAR CORP (AIR) stock acquisition an open-market purchase?
No. The filing shows Jessup’s acquisition as a grant of restricted stock at $0.0000 per share, not an open-market purchase. The shares were awarded after performance criteria under a Restricted Stock Agreement were certified above target.
What triggered the additional restricted stock award to AAR CORP (AIR) executive Christopher Jessup?
According to a footnote, the 7,267 restricted shares represent additional stock acquired after performance criteria were certified at a level exceeding the target under a Restricted Stock Agreement originally reported in a prior Form 4.
What is the Form 4 transaction code for Christopher Jessup’s AAR CORP (AIR) award and what does it mean?
The transaction is coded “A”, described as a grant, award, or other acquisition. This indicates the 7,267 shares were received as compensation (restricted stock), not bought or sold on the open market.