Director at AAR CORP (NYSE: AIR) receives 1,364-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edwards Jeffrey N reported acquisition or exercise transactions in this Form 4 filing.
AAR CORP director Jeffrey N. Edwards received a grant of 1,364 shares of Common Stock as equity compensation. The shares were awarded under a Restricted Stock Agreement in a transaction exempt under Rule 16b-3, meaning it is a routine, board-approved compensation grant rather than an open‑market trade.
After this award, Edwards directly holds a total of 5,955 AAR CORP common shares. Because the shares were granted at no cash cost per share, this filing mainly updates his reported ownership and does not reflect a discretionary stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Edwards Jeffrey N
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,364 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,955 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,364 shares
Price per granted share: $0.00 per share
Total shares held after grant: 5,955 shares
+1 more
4 metrics
Shares granted
1,364 shares
Restricted Stock Agreement award on June 1, 2026
Price per granted share
$0.00 per share
Reported grant price for equity award
Total shares held after grant
5,955 shares
Director’s direct ownership following the award
Transaction code
A (grant, award, or other acquisition)
SEC Form 4 transaction classification
Key Terms
Restricted Stock Agreement, Rule 16b-3, grant/award acquisition
3 terms
Restricted Stock Agreement financial
"Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3."
Rule 16b-3 regulatory
"Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
grant/award acquisition financial
"The transaction is categorized as a grant/award acquisition of Common Stock."
FAQ
What did AAR CORP (AIR) director Jeffrey N. Edwards report in this Form 4?
Jeffrey N. Edwards reported receiving 1,364 shares of AAR CORP Common Stock. The shares were granted as equity compensation under a Restricted Stock Agreement and are not the result of an open-market stock purchase or sale.
What is the nature of the stock award reported by AAR CORP (AIR) director Jeffrey N. Edwards?
The filing describes the transaction as an award of stock under a Restricted Stock Agreement. It is characterized as a grant or award acquisition, exempt under Rule 16b-3, indicating a routine director compensation arrangement.
Does the AAR CORP (AIR) Form 4 indicate any stock sales by Jeffrey N. Edwards?
The Form 4 does not show any stock sales by Jeffrey N. Edwards. It reports only a single acquisition transaction: a 1,364-share stock grant, with no corresponding dispositions or open-market sales on the reported date.