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AAR CORP (NYSE: AIR) grants restricted and performance stock to VP-CAO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Pachapa Eric reported acquisition or exercise transactions in this Form 4 filing.

AAR CORP reported that officer Eric Pachapa, VP-CAO & Controller, received two equity grants of Common Stock on 2026-07-23. He was awarded 1,390 shares under a Restricted Stock Agreement and 2,086 shares under a Performance Restricted Stock Agreement, each described as an award of stock in transactions exempt under Rule 16b-3 and reported at a cash price of $0.0000 per share. These are compensation-related stock awards rather than open-market purchases.

Positive

  • None.

Negative

  • None.
Insider Pachapa Eric
Role VP-CAO & Controller
Type Security Shares Price Value
Grant/Award Common Stock F1 1,390 $0.00 $0.00
Grant/Award Common Stock F2 2,086 $0.00 $0.00
Holdings After Transaction: Common Stock — 29,166.32 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 shares 1,390 shares of Common Stock Awarded to Eric Pachapa on 2026-07-23 under a Restricted Stock Agreement (Rule 16b-3 exempt)
Performance restricted stock award shares 2,086 shares of Common Stock Awarded to Eric Pachapa on 2026-07-23 under a Performance Restricted Stock Agreement (Rule 16b-3 exempt)
Reported grant price per share $0.0000 per share Cash price field for both Common Stock awards to Eric Pachapa
Transaction code Code A Both Common Stock entries reported as grant, award, or other acquisition transactions
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.

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FAQ

What insider transaction did AAR CORP (AIR) report for Eric Pachapa?
AAR CORP reported that VP-CAO & Controller Eric Pachapa received two equity grants of Common Stock. On 2026-07-23 he was awarded 1,390 restricted shares and 2,086 performance-based restricted shares as compensation-related stock awards exempt under Rule 16b-3.

How many AAR CORP (AIR) shares were granted to Eric Pachapa and on what date?
On 2026-07-23, Eric Pachapa was granted 1,390 shares of Common Stock under a Restricted Stock Agreement and 2,086 shares under a Performance Restricted Stock Agreement, all reported as equity awards with a stated cash price of $0.0000 per share.

Were Eric Pachapa’s AAR CORP (AIR) stock grants open-market purchases?
No. The transactions are coded as grants or awards (Code A) of Common Stock, not market purchases. Footnotes state they are awards of stock under Restricted and Performance Restricted Stock Agreements, treated as Rule 16b-3 exempt compensation-related grants at a price of $0.0000 per share.

What types of equity awards did AAR CORP (AIR) grant to Eric Pachapa?
Eric Pachapa received a Restricted Stock Agreement award of 1,390 shares and a Performance Restricted Stock Agreement award of 2,086 shares. Both are Common Stock grants designated as exempt under Rule 16b-3, reflecting stock-based executive compensation.

Does the Eric Pachapa Form 4 for AAR CORP (AIR) involve a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not selected, and the footnotes describe the transactions as stock awards under Restricted and Performance Restricted Stock Agreements. They are characterized as Rule 16b-3 exempt grants, not sales or purchases under a trading plan.
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*
Pachapa Eric
(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)
VP-CAO & Controller
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 Stock07/23/2026A1,390(1)A$027,080.32D
Common Stock07/23/2026A2,086(2)A$029,166.32D
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)

Source: View Original Filing on SEC EDGAR