Sean M. Gillen - 22 Jul 2024 Form 4 Insider Report for AAR CORP (AIR)

Role: Senior VP-CFO
Signature: /s/ Katherine Kwiat, power of attorney
Issuer symbol: AIR
Transactions as of: 22 Jul 2024
Net transactions value: +$1,951,287
Form type: 4
Filing time: 23 Jul 2024, 17:47:19 UTC
Previous filing: 10 Jul 2024
Next filing: 01 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIR	Common Stock	Award	$294,553	+4,395	+6.4%	$67.02	73,234	22 Jul 2024	Direct	F1
transaction	AIR	Common Stock	Award	$883,324	+13,180	+18%	$67.02	86,414	22 Jul 2024	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	$773,411	+11,540		$67.02	11,540	22 Jul 2024	Common Stock	11,540	$67.02	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 July 31, 2025 and shall vest as follows: 33 and 1/3% on each of July 31, 2025, July 31, 2026 and July 31, 2027.