STOCK TITAN

Equity awards to AAR CORP (AIR) senior legal and administrative chief

(Neutral)
(Neutral)
Form Type
4

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 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)
  1. F1. Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
  2. F2. Award of stock pursuant to a Performance Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
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
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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

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.

How many AAR CORP (AIR) shares were granted to Jessica Garascia?

Jessica Garascia was granted 3,460 shares of AAR CORP common stock under a Restricted Stock Agreement and 5,191 shares under a Performance Restricted Stock Agreement. Both grants were reported at $0 per share as equity compensation, not as open-market purchases.

At what price were the AAR CORP (AIR) shares awarded to Jessica Garascia?

Both equity awards to Jessica Garascia were reported at $0.0000 per share. This reflects stock granted as compensation under restricted and performance restricted stock agreements, rather than shares bought in the market at a cash purchase price.

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.
SEC Form 4
FORM 4UNITED 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*
Garascia Jessica A.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Senior VP, GC, CAO & Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/23/2026A3,460(1)A$037,824D
Common Stock07/23/2026A5,191(2)A$043,015D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
2. Award of stock pursuant to a Performance Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
/s/ Katherine Kwiat, power of attorney07/24/2026
** Signature of Reporting PersonDate
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)