Equity awards to AAR CORP (AIR) senior legal and administrative chief
Rhea-AI Filing Summary
AAR CORP reported that senior vice president, general counsel, chief administrative officer and secretary Jessica A. Garascia received equity awards of common stock on July 23, 2026. She acquired 3,460 shares under a Restricted Stock Agreement and 5,191 shares under a Performance Restricted Stock Agreement, both at $0 per share in transactions exempt under Rule 16b-3.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,651 shares
Net Buy
2 txns
Insider
Garascia Jessica A.
Role
Senior VP, GC, CAO & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,460 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2 | 5,191 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 43,015 shares (Direct)
Footnotes (2)
- F1. Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
- F2. Award of stock pursuant to a Performance Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
Key Figures
Restricted stock award: 3,460 shares
Performance restricted stock award: 5,191 shares
Grant price per share: $0.0000 per share
3 metrics
Restricted stock award
3,460 shares
Common Stock granted under a Restricted Stock Agreement on July 23, 2026
Performance restricted stock award
5,191 shares
Common Stock granted under a Performance Restricted Stock Agreement on July 23, 2026
Grant price per share
$0.0000 per share
Reported price for both common stock awards to Jessica A. Garascia
Key Terms
Restricted Stock Agreement, Performance Restricted Stock Agreement, Rule 16b-3
3 terms
Restricted Stock Agreement financial
"Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt"
Performance Restricted Stock Agreement financial
"Award of stock pursuant to a Performance Restricted Stock Agreement in a"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AAR CORP (AIR) report for Jessica A. Garascia?
AAR CORP reported that Jessica A. Garascia received two stock awards of common shares on July 23, 2026. One grant was under a Restricted Stock Agreement and another under a Performance Restricted Stock Agreement, both treated as compensation awards exempt under Rule 16b-3.
What types of equity awards did AAR CORP (AIR) grant to Jessica Garascia?
Jessica Garascia received an award of stock under a Restricted Stock Agreement and another under a Performance Restricted Stock Agreement. Each award consists of AAR CORP common stock and was designated as exempt under SEC Rule 16b-3.
Were Jessica Garascia’s AAR CORP (AIR) stock awards under Rule 16b-3?
Yes, each grant to Jessica Garascia was described as a stock award exempt under Rule 16b-3. One was pursuant to a Restricted Stock Agreement and the other pursuant to a Performance Restricted Stock Agreement, indicating board- or committee-approved compensation grants.