Sarah Louise Flanagan - 22 Jan 2026 Form 4 Insider Report for AAR CORP (AIR)

Role: Interim CFO VP Fin Ops
Signature: /s/ Katherine Kwiat, power of attorney
Issuer symbol: AIR
Transactions as of: 22 Jan 2026
Net transactions value: $0
Form type: 4
Filing time: 23 Jan 2026, 16:38:21 UTC
Previous filing: 19 Dec 2025
Next filing: 04 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Flanagan Sarah Louise	Interim CFO VP Fin Ops	1100 N. WOOD DALE RD., WOOD DALE	/s/ Katherine Kwiat, power of attorney	23 Jan 2026	0002101859

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIR	Common Stock	Award	$0	+930	+3.2%	$0.000000	30,063	22 Jan 2026	Direct	F1
transaction	AIR	Common Stock	Award	$0	+2,785	+9.3%	$0.000000	32,848	22 Jan 2026	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AIR	Stock Option	Award	$0	+2,510		$0.000000	2,510	22 Jan 2026	Common Stock	2,510	$107.74	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
F2	Award of stock pursuant to a Performance Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
F3	The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on January 22, 2027 and shall vest as follows: 33 1/3% on each of January 22, 2027, January 22, 2028 and January 22, 2029.