Form 4: AAR Corp CFO Sean Gillen Reports Routine Stock Withholding for Tax Obligations
Insider Transaction Report
AAR Corp's Senior VP-CFO, Sean M. Gillen, reported the withholding of 12,187 shares of common stock at $74.71 per share to cover tax liabilities related to the vesting of restricted stock.
Summary
- Sean M. Gillen, Senior VP-CFO of AAR CORP, reported transactions on July 31, 2025.
- A total of 12,187 shares of common stock were withheld to satisfy tax obligations.
- 9,938 shares were withheld for performance-based restricted stock vesting.
- 2,249 shares were withheld for time-based restricted stock vesting.
- The shares were valued at $74.71 per share for the purpose of withholding.
- Following these transactions, Gillen beneficially owns 87,681.203 shares of AAR CORP common stock.
Sentiment
Score: 6
Explanation: The filing reports a routine, expected transaction (tax withholding upon restricted stock vesting). While the withholding itself reduces direct ownership, the underlying vesting event is positive, indicating compensation realization. It's neutral to slightly positive as it confirms compensation plans are progressing.
Positives
- The underlying event is the vesting of restricted stock, which indicates the achievement of performance or time-based criteria, a positive for the executive and potentially for the company's performance.
Negatives
- The direct transaction involves a reduction in the reporting person's direct shareholding due to tax withholding.
Future Outlook
NA
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction specific to AAR Corp's Senior VP-CFO and does not provide broader industry context or trends.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Sean M. Gillen granted power of attorney to Katherine Kwiat, Jessica Garascia, Kim Loies, and Jamie Brown to execute Forms 3, 4, and 5 on his behalf, ensuring compliance with Section 16(a) of the Securities Exchange Act of 1934. | 01/10/2023 | This is a standard corporate governance practice to facilitate timely and accurate insider trading disclosures for executives. |
Stakeholder Impact
- Shareholders: The transaction is a routine administrative event related to executive compensation and is unlikely to have a direct material impact on shareholders. It confirms the vesting of executive equity, which is generally tied to company performance.
- Employees: No direct impact.
- Customers: No direct impact.
- Suppliers: No direct impact.
- Creditors: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 01/10/2023 | Date Power of Attorney was executed by Sean M. Gillen. |
| 07/31/2025 | Date of reported stock transactions (withholding for tax obligations). |
| 08/01/2025 | Date the Form 4 was signed by power of attorney. |
Recommendation
holdThis Form 4 filing details a routine, non-discretionary transaction where an executive's shares were withheld to cover tax obligations upon the vesting of restricted stock. It does not indicate any change in the company's fundamentals, strategic direction, or financial performance. As such, it provides no new information that would warrant a change in investment recommendation; a 'hold' stance is appropriate as the filing is neutral in its implications for the stock's future performance.
Keywords
AAR CORP, AIR, Sean M. Gillen, Form 4, Insider Transaction, Stock Withholding, Restricted Stock, Tax Obligations, CFO, Corporate Governance
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