AAR CORP (AIR) SVP sees 6,663 shares withheld to cover tax obligations
Rhea-AI Filing Summary
AAR CORP officer Jessica A. Garascia, Senior VP, GC, CAO & Secretary, reported share withholdings used to cover tax obligations on vested equity awards. On July 31, 2026, the company withheld 5,635 and 1,028 shares of common stock at $140.04 per share in connection with performance-based stock and time-based restricted stock, respectively.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 6,663 shares
Net Sell
2 txns
Insider
Garascia Jessica A.
Role
Senior VP, GC, CAO & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 5,635 | $140.04 | $789K |
| Tax Withholding | Common Stock F2 | 1,028 | $140.04 | $144K |
Holdings After Transaction:
Common Stock — 36,352 shares (Direct)
Footnotes (2)
- F1. The reporting person is reporting the withholding of 5,635 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting of performance-based stock.
- F2. The reporting person is reporting the withholding of 1,028 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting of time-based restricted stock.
Key Figures
Shares withheld for taxes (performance-based stock): 5,635 shares at $140.04 per share
Shares withheld for taxes (time-based restricted stock): 1,028 shares at $140.04 per share
Total shares used for tax withholding: 6663 shares
3 metrics
Shares withheld for taxes (performance-based stock)
5,635 shares at $140.04 per share
Withholding to satisfy tax obligations on vesting of performance-based stock on July 31, 2026
Shares withheld for taxes (time-based restricted stock)
1,028 shares at $140.04 per share
Withholding to satisfy tax obligations on vesting of time-based restricted stock on July 31, 2026
Total shares used for tax withholding
6663 shares
Aggregate shares reported under code F for tax-liability payment
Key Terms
tax withholding obligations, performance-based stock, time-based restricted stock
3 terms
tax withholding obligations financial
"shares of common stock to satisfy the reporting person's tax withholding obligations"
performance-based stock financial
"tax withholding obligations in connection with the vesting of performance-based stock"
time-based restricted stock financial
"tax withholding obligations in connection with the vesting of time-based restricted stock"
Time-based restricted stock are company shares granted to employees or executives that become fully owned and transferable only after the recipient stays with the company for specified time periods. Think of it like receiving a wrapped gift that opens a little each year; the gradual unlocking helps keep employees motivated and tied to long-term performance. Investors watch these grants because they can dilute existing shares when they vest and signal how management is being rewarded and incentivized.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AAR CORP (AIR) report for Jessica A. Garascia?
AAR CORP reported that Jessica A. Garascia had shares withheld to cover tax obligations. On July 31, 2026, 5,635 and 1,028 common shares were withheld at $140.04 per share upon vesting of equity awards.
Were the AIR Form 4 transactions reported by Jessica A. Garascia purchases or sales?
The Form 4 for AAR CORP (AIR) reports tax-withholding dispositions, coded "F". These entries reflect payment of tax liabilities by delivering or withholding shares, rather than traditional open-market purchases or sales of common stock.
What types of stock awards vested for Jessica A. Garascia at AAR CORP (AIR)?
The filing notes vesting of performance-based stock and time-based restricted stock. To satisfy related tax withholding obligations, AAR CORP withheld 5,635 shares for the performance-based vesting and 1,028 shares for the time-based restricted stock vesting.