AAR CORP (AIR) director granted 1,364-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lord Ellen M. reported acquisition or exercise transactions in this Form 4 filing.
AAR CORP director Ellen M. Lord received a stock grant of 1,364 common shares. The shares were awarded at no cash cost under a Restricted Stock Agreement in a transaction exempt under Rule 16b-3. Following this award, she directly holds 14,396 shares of AAR CORP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lord Ellen M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,364 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,396 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock award size: 1,364 shares
Award price per share: $0.0000 per share
Post-transaction holdings: 14,396 shares
+2 more
5 metrics
Stock award size
1,364 shares
Common stock granted to director Ellen M. Lord on June 1, 2026
Award price per share
$0.0000 per share
Indicates no cash paid for the stock award
Post-transaction holdings
14,396 shares
Ellen M. Lord’s direct AAR CORP common stock holdings after the grant
Transaction code
A (grant/award acquisition)
Non-derivative acquisition classified as a grant or award
Transaction date
June 1, 2026
Date of the reported stock award
Key Terms
Restricted Stock Agreement, Rule 16b-3, Form 4
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did AAR CORP (AIR) report for Ellen M. Lord?
AAR CORP reported that director Ellen M. Lord received a grant of 1,364 shares of common stock. The shares were awarded at no cash cost under a Restricted Stock Agreement exempt under Rule 16b-3.
Was Ellen M. Lord’s AAR CORP stock transaction a market purchase or sale?
The transaction was not a market purchase or sale. Ellen M. Lord received 1,364 AAR CORP shares as a stock award under a Restricted Stock Agreement, classified as a grant or other acquisition exempt under Rule 16b-3.
What does Rule 16b-3 exemption mean for the AAR CORP (AIR) stock award?
The filing states the award was exempt under Rule 16b-3, meaning it qualifies as a board-approved compensation grant. Such exempt awards differ from open-market trades and are typically part of director or executive equity compensation.
What type of equity award did AAR CORP grant to Ellen M. Lord?
The footnote describes the transaction as an award of stock under a Restricted Stock Agreement. This indicates AAR CORP granted actual shares of common stock as compensation rather than options, with details governed by that agreement.