AAR CORP (NYSE: AIR) grants 4,807 performance-based restricted shares

Rhea-AI Filing Summary

AAR CORP reported that Senior VP, GC, CAO & Secretary Jessica A. Garascia acquired 4,807 shares of common stock on July 14, 2026 through a restricted stock award at no cash cost. The additional restricted stock was earned after performance criteria exceeded the target level, increasing her direct holdings to 34,364 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Garascia Jessica A.

Role Senior VP, GC, CAO & Secretary

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,807	$0.00	--

Holdings After Transaction: Common Stock — 34,364 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Restricted shares awarded: 4,807 shares Direct holdings after transaction: 34,364 shares Grant price per share: 0.0000

3 metrics

Restricted shares awarded 4,807 shares Additional restricted common stock acquired on July 14, 2026 after performance criteria exceeded target

Direct holdings after transaction 34,364 shares Total direct ownership of AAR CORP common stock following the award

Grant price per share 0.0000 Reported transaction price per share for the restricted stock grant

Key Terms

Restricted Stock Agreement, performance criteria, target award amount

3 terms

Restricted Stock Agreement financial

"pursuant to a Restricted Stock Agreement. The initial target award amount"

performance criteria financial

"additional restricted stock acquired upon certification of performance criteria"

target award amount financial

"The initial target award amount was reported on a Form 4 filed"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/15/2026 - 03:05 PM Accepted by SEC EDGAR 07/15/2026 - 03:05 PM Learn about SEC filing dates

FAQ

What insider transaction did AAR CORP (AIR) report for Jessica A. Garascia?

Jessica A. Garascia acquired 4,807 shares of AAR CORP common stock as a restricted stock award. These were granted at no cash cost and are tied to performance criteria that exceeded the target level, increasing her direct ownership to 34,364 shares.

Were the AAR CORP (AIR) shares acquired by Jessica A. Garascia open-market purchases?

No. The 4,807 shares were acquired through a grant or award of restricted stock, not bought in the open market. The transaction price is reported as $0.0000 per share, reflecting compensation rather than a discretionary stock purchase.

What triggered the additional restricted stock for AAR CORP (AIR) executive Jessica A. Garascia?

The additional restricted stock was issued after performance criteria under a Restricted Stock Agreement were certified at a level exceeding the target. This certification resulted in an incremental award of 4,807 restricted shares beyond the initial target amount previously reported.

How many AAR CORP (AIR) shares does Jessica A. Garascia hold after this award?

Following the July 14, 2026 award, Jessica A. Garascia directly holds 34,364 shares of AAR CORP common stock. This figure includes the newly acquired 4,807 restricted shares granted upon certification that performance criteria were above the target level.

Is this AAR CORP (AIR) restricted stock award related to a prior performance grant?

Yes. The footnote explains the 4,807 shares represent additional restricted stock tied to a prior performance-based award. The initial target award was reported on a Form 4 dated July 26, 2023 and later adjusted in a Form 4 filed July 17, 2025.

SEC Form 4

FORM 4

UNITED 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^*

Garascia Jessica A.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior VP, GC, CAO & Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/14/2026		A		4,807(1)	A	$0	34,364	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents additional restricted stock acquired upon certification of performance criteria (at a level exceeding the target level) pursuant to a Restricted Stock Agreement. The initial target award amount was reported on a Form 4 filed on July 26, 2023 and adjusted as noted in a footnote to the Form 4 filed on July 17, 2025.

	/s/ Katherine Kwiat, power of attorney	07/15/2026
	** Signature of Reporting Person	Date
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)