AAR CORP (NYSE: AIR) VP reports 3,979-share tax withholding event

Rhea-AI Filing Summary

Eric Pachapa, VP-CAO & Controller of AAR CORP, reported two tax-withholding dispositions of common stock on 2026-07-31. The company withheld 3,365 shares at 140.0400 per share tied to vesting of performance-based restricted stock and 614 shares at 140.0400 per share tied to time-based restricted stock vesting.

Insider Trade Summary

Net Seller: 3,979 shares

Net Sell 2 txns

Insider Pachapa Eric

Role VP-CAO & Controller

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	3,365	$140.04	$471K
Tax Withholding	Common Stock F2	614	$140.04	$86K

Holdings After Transaction: Common Stock — 25,187.32 shares (Direct)

Footnotes (2)

1. F1. The reporting person is reporting the withholding of 3,365 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting of performance-based restricted stock.
2. F2. The reporting person is reporting the withholding of 614 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 taxes (performance-based): 3,365 shares Shares withheld for taxes (time-based): 614 shares Share value used for tax withholding: 140.0400 per share +1 more

4 metrics

Shares withheld for taxes (performance-based) 3,365 shares Withheld on 2026-07-31 for tax obligations on performance-based restricted stock vesting

Shares withheld for taxes (time-based) 614 shares Withheld on 2026-07-31 for tax obligations on time-based restricted stock vesting

Share value used for tax withholding 140.0400 per share Per-share value applied to withheld common stock on 2026-07-31

Total shares withheld for tax obligations 3,979 shares Aggregate F-code dispositions reported for 2026-07-31

Key Terms

performance-based restricted stock, time-based restricted stock, tax withholding obligations

3 terms

performance-based restricted stock financial

"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

"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"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/03/2026 - 03:50 PM Accepted by SEC EDGAR 08/03/2026 - 03:50 PM Learn about SEC filing dates

FAQ

What insider transactions did AAR CORP (AIR) report on 2026-07-31?

AAR CORP reported that executive Eric Pachapa had 3,365 and 614 common shares withheld on 2026-07-31. Both were Form 4 code F tax-withholding dispositions, not open-market trades, related to vesting of restricted stock awards.

Who is Eric Pachapa in relation to AAR CORP (AIR)?

Eric Pachapa is an officer of AAR CORP serving as VP-CAO & Controller. He is the reporting person on this Form 4, which details tax-related share withholdings connected to vesting of his restricted stock awards.

Were the AAR CORP (AIR) insider transactions open-market sales?

No, these transactions were not open-market sales. They were Form 4 code F events, where shares were withheld by AAR CORP to satisfy Pachapa’s tax withholding obligations arising from vesting of restricted stock.

How many AAR CORP (AIR) shares were withheld for taxes and at what price?

AAR CORP withheld 3,365 and 614 common shares, totaling 3,979 shares, each valued at 140.0400 per share. These withholdings covered Pachapa’s tax obligations upon vesting of his performance-based and time-based restricted stock awards.

What triggered the tax-withholding share dispositions at AAR CORP (AIR)?

The dispositions were triggered by the vesting of restricted stock. AAR CORP withheld 3,365 shares for performance-based restricted stock vesting and 614 shares for time-based restricted stock vesting to satisfy Pachapa’s tax withholding obligations.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pachapa Eric

(Last) (First) (Middle)

1100 N. WOOD DALE ROAD

(Street)

WOOD DALE ILLINOIS 60191

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AAR CORP [ AIR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP-CAO & Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/31/2026		F(1)		3,365	D	$140.04	25,801.32	D
Common Stock	07/31/2026		F(2)		614	D	$140.04	25,187.32	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person is reporting the withholding of 3,365 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting of performance-based restricted stock.

2. The reporting person is reporting the withholding of 614 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting of time-based restricted stock.

	/s/ Katherine Kwiat, power of attorney	08/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)