AAR CORP (AIR) grants restricted and performance stock to CCO
Rhea-AI Filing Summary
AAR CORP reported that Senior Vice President-CCO Christopher A. Jessup received equity awards of common stock. On 2026-07-23 he acquired 5,360 shares under a Restricted Stock Agreement and 8,041 shares under a Performance Restricted Stock Agreement, both granted at no cash price in transactions exempt under Rule 16b-3.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 13,401 shares
Net Buy
2 txns
Insider
Jessup Christopher A.
Role
Senior Vice President-CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 5,360 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2 | 8,041 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 86,436.525 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 shares: 5,360 shares
Performance restricted stock shares: 8,041 shares
Total shares awarded: 13,401 shares
3 metrics
Restricted stock award shares
5,360 shares
Awarded 2026-07-23 under a Restricted Stock Agreement
Performance restricted stock shares
8,041 shares
Awarded 2026-07-23 under a Performance Restricted Stock Agreement
Total shares awarded
13,401 shares
Combined restricted and performance restricted stock awards on 2026-07-23
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 under Rule 16b-3."
Performance Restricted Stock Agreement financial
"Award of stock pursuant to a Performance 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AAR CORP (AIR) report for Christopher A. Jessup?
AAR CORP reported that Senior Vice President-CCO Christopher A. Jessup received two equity awards of common stock on 2026-07-23. These consisted of one restricted stock award and one performance restricted stock award, both granted at no cash price under Rule 16b-3 exemptions.
What types of stock awards did AAR CORP (AIR) grant to Christopher Jessup?
Jessup received a Restricted Stock Agreement award of 5,360 shares and a Performance Restricted Stock Agreement award of 8,041 shares. Both awards involve AAR CORP common stock and are described as transactions exempt under Rule 16b-3.
What SEC rule applies to Christopher Jessup’s AAR CORP (AIR) stock awards?
Both stock awards to Christopher Jessup are described as transactions exempt under Rule 16b-3. This rule generally covers certain equity compensation arrangements for officers and directors, allowing these awards without triggering short-swing profit liability under Section 16(b).