AAR CEO exercises options, sells 86,175 shares
AAR CORP Chairman, President & CEO John McClain Holmes III exercised and sold shares in a routine option transaction.
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Form Type
4
Rhea-AI Filing Summary
AAR CORP Chairman, President & CEO John McClain Holmes III exercised and sold shares in a routine option transaction. He exercised stock options for 86,175 shares of common stock at exercise prices of $37.66 and $37.74 per share, then sold the same 86,175 shares in open‑market trades at weighted average prices of $112.41 and $107.60 per share, in multiple transactions within disclosed price ranges. After these transactions, he directly holds 235,064 shares of AAR CORP common stock.
Insider Trade Summary
Exercise and Sale: 86,175 shares ($6.31M approx. pre-tax spread)
Exercise and Sale
9 txns
Insider
Holmes John McClain III
Role
Chairman, President & CEO
Sold
86,175 shs ($9.56M)
Approx. gross sale proceeds
$9.56M
Approx. exercise cost
$3.25M
Approx. pre-tax spread
$6.31M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 2,225 | $0.00 | $0.00 |
| Exercise | Stock Option | 23,950 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,225 | $37.66 | $84K |
| Sale | Common Stock | 2,225 | $107.6039 | $239K |
| Exercise | Common Stock | 23,950 | $37.74 | $904K |
| Sale | Common Stock | 23,950 | $107.6039 | $2.58M |
| Exercise | Stock Option | 60,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 60,000 | $37.66 | $2.26M |
| Sale | Common Stock | 60,000 | $112.4135 | $6.74M |
Holdings After Transaction:
Stock Option — 0 contracts (Direct);
Common Stock — 235,064 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.0000 to $115.0000 inclusive. The reporting person undertakes to provide AAR CORP., any security holder of AAR CORP., or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.5000 to $107.7075 inclusive. The reporting person undertakes to provide AAR CORP., any security holder of AAR CORP., or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 86,175 shares
Options exercised: 86,175 shares
Exercise prices: $37.66 and $37.74 per share
+4 more
7 metrics
Shares sold
86,175 shares
Total AAR CORP common shares sold in open-market transactions
Options exercised
86,175 shares
Total shares acquired via option exercises before sale
Exercise prices
$37.66 and $37.74 per share
Strike prices of stock options converted into common shares
Sale price (weighted avg)
$112.4135 per share
Weighted average price for 60,000-share sale on 2026-03-26
Sale price (weighted avg)
$107.6039 per share
Weighted average price for 26,175 shares sold on 2026-03-27
Shares held after
235,064 shares
Direct AAR CORP common stock ownership after all transactions
Option expiration dates
2029-07-08 and 2031-07-12
Original expiration for exercised stock option grants
Key Terms
Stock Option, open-market sale, weighted average price, derivative exercise/conversion, +1 more
5 terms
Stock Option financial
"security_title: "Stock Option" and underlying_security_title: "Common Stock""
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
open-market sale financial
"transaction_action: "open-market sale" with transaction_code "S""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for transaction code "M""
non-derivative financial
"transaction_type: "non-derivative" for common stock entries"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AAR (AIR) CEO John McClain Holmes III do in this Form 4?
He reported exercising stock options and selling the resulting shares. Holmes exercised options for 86,175 AAR CORP common shares, then sold all of those shares in open-market transactions, while remaining directly invested with 235,064 shares after the trades.
What stock options did the AAR (AIR) CEO exercise in this filing?
He exercised stock options covering 86,175 shares of common stock. The options had exercise prices of $37.66 and $37.74 per share, with original expiration dates in 2029 and 2031, converting them into common shares that were then sold.
Were the AAR (AIR) CEO’s sales in this Form 4 open-market transactions?
Yes, the filing describes the sales as open-market or private transactions under transaction code S. The reported prices are weighted averages for trades executed within specified ranges, with the CEO offering to provide detailed trade-level pricing information upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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