AAR CORP (NYSE: AIR) SVP has 8,392 shares withheld to cover tax bill
Rhea-AI Filing Summary
AAR CORP executive Christopher A. Jessup, Senior Vice President-CCO, reported two Form 4 transactions on July 31, 2026. A total of 8,392 shares of common stock were withheld at $140.04 per share to satisfy tax withholding obligations arising from the vesting of performance-based and time-based restricted stock awards, rather than open-market sales.
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Insights
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Insider Trade Summary
Net Seller: 8,392 shares
Net Sell
2 txns
Insider
Jessup Christopher A.
Role
Senior Vice President-CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 7,098 | $140.04 | $994K |
| Tax Withholding | Common Stock F2 | 1,294 | $140.04 | $181K |
Holdings After Transaction:
Common Stock — 78,044.525 shares (Direct)
Footnotes (2)
- F1. The reporting person is reporting the withholding of 7,098 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting of performance-based restricted stock.
- F2. The reporting person is reporting the withholding of 1,294 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting of time-based restricted stock.
Key Figures
Shares withheld for performance-based restricted stock: 7,098 shares
Shares withheld for time-based restricted stock: 1,294 shares
Total shares withheld for tax obligations: 8,392 shares
+1 more
4 metrics
Shares withheld for performance-based restricted stock
7,098 shares
Withheld on 2026-07-31 to satisfy tax withholding obligations on performance-based restricted stock vesting
Shares withheld for time-based restricted stock
1,294 shares
Withheld on 2026-07-31 to satisfy tax withholding obligations on time-based restricted stock vesting
Total shares withheld for tax obligations
8,392 shares
Sum of both Form F tax-withholding dispositions reported for Christopher A. Jessup
Per-share value used for withholding
$140.04 per share
Applied to both non-derivative common stock withholding transactions on 2026-07-31
Key Terms
performance-based restricted stock, time-based restricted stock, tax withholding obligations, Form 4
4 terms
performance-based restricted stock financial
"withholding of 7,098 shares ... in connection with the vesting of performance-based restricted stock"
Shares granted to employees or executives that are held back and only become actual, tradable stock if the company meets predefined performance targets; until those goals are met the shares cannot be sold. Think of it like a bonus held in escrow that’s released only when specific results are achieved — investors watch these awards because they tie management pay to company outcomes, can dilute existing shareholders when released, and signal how confident or incentivized insiders are to meet growth or profitability goals.
time-based restricted stock financial
"withholding of 1,294 shares ... in connection with the vesting of time-based restricted stock"
Time-based restricted stock are company shares granted to employees or executives that become fully owned and transferable only after the recipient stays with the company for specified time periods. Think of it like receiving a wrapped gift that opens a little each year; the gradual unlocking helps keep employees motivated and tied to long-term performance. Investors watch these grants because they can dilute existing shares when they vest and signal how management is being rewarded and incentivized.
tax withholding obligations financial
"to satisfy the reporting person's tax withholding obligations in connection with the vesting"
Form 4 regulatory
"The reporting person is reporting the withholding of 7,098 shares of common stock on Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did AAR CORP (AIR) report in this Form 4?
AAR CORP reported that Senior Vice President-CCO Christopher A. Jessup had 8,392 shares of common stock withheld at $140.04 per share on July 31, 2026 to cover tax obligations from vesting restricted stock awards.
What was the price used for the AAR CORP (AIR) tax-withholding transactions?
Both withholding transactions used a per-share value of $140.04 for AAR CORP common stock. This price applied to the 7,098 performance-based and 1,294 time-based restricted stock shares withheld to meet tax obligations.
What is Christopher A. Jessup’s role at AAR CORP (AIR) in this Form 4?
The reporting person, Christopher A. Jessup, is identified as an officer of AAR CORP, serving as Senior Vice President-CCO. The Form 4 reports tax-withholding share dispositions related to his equity compensation awards.