Jessica A. Garascia - 23 Jul 2025 Form 4 Insider Report for AAR CORP (AIR)

Signature
/s/ Katherine Kwiat, power of attorney
Issuer symbol
AIR
Transactions as of
23 Jul 2025
Net transactions value
-$119,687
Form type
4
Filing time
25 Jul 2025, 14:51:37 UTC
Previous filing
17 Jul 2025
Next filing
04 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Garascia Jessica A. Senior VP, GC, CAO & Secretary 1100 N. WOOD DALE ROAD, WOOD DALE /s/ Katherine Kwiat, power of attorney 25 Jul 2025 0001806647

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Award $0 +2,115 +6.9% $0.000000 32,772 23 Jul 2025 Direct F1
transaction AIR Common Stock Award $0 +6,345 +19% $0.000000 39,117 23 Jul 2025 Direct F2
transaction AIR Common Stock Options Exercise $58,837 +1,559 +4% $37.74 40,676 23 Jul 2025 Direct
transaction AIR Common Stock Sale $120,165 -1,559 -3.8% $77.08 39,117 23 Jul 2025 Direct F3
transaction AIR Common Stock Options Exercise $49,544 +1,183 +3% $41.88 40,300 23 Jul 2025 Direct
transaction AIR Common Stock Sale $91,183 -1,183 -2.9% $77.08 39,117 23 Jul 2025 Direct F3
transaction AIR Common Stock Options Exercise $51,802 +889 +2.3% $58.27 40,006 23 Jul 2025 Direct
transaction AIR Common Stock Sale $68,522 -889 -2.2% $77.08 39,117 23 Jul 2025 Direct F3

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 +5,850 $0.000000 5,850 23 Jul 2025 Common Stock 5,850 $79.45 Direct F4
transaction AIR Stock Option Options Exercise $0 -1,559 -100% $0.000000 0 23 Jul 2025 Common Stock 1,559 $37.74 Direct F5
transaction AIR Stock Option Options Exercise $0 -1,183 -43% $0.000000 1,579 23 Jul 2025 Common Stock 1,183 $41.88 Direct F6
transaction AIR Stock Option Options Exercise $0 -889 -23% $0.000000 2,965 23 Jul 2025 Common Stock 889 $58.27 Direct F7
* 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 Restricted Stock Agreement in 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.43 to $79.16 inclusive. The reporting person undertakes to provide AAR CORP. any security holder of AAR CORP. or the staff of the Securities Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 31, 2026 and shall vest as follows: 33 and 1/3% on each of July 31, 2026, July 31, 2027 and July 31, 2028.
F5 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 31, 2022 and vested as follows: 33 and 1/3% on each of July 31, 2022, July 31, 2023, and July 31, 2024.
F6 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 31, 2023 and shall vest as follows: 33 and 1/3% on each of July 31, 2023, July 31, 2024, and July 31, 2025.
F7 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 31, 2024 and shall vest as follows: 33 and 1/3% on each of July 31, 2024, July 31, 2025, and July 31, 2026.