AIR.NYSEAar CORP

Form 4: AAR Corp Chairman John Holmes Disposes of Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


AAR Corp Chairman, President, and CEO John Holmes III disposed of 63,866 shares of common stock to cover tax obligations related to the vesting of restricted stock.

Summary

  • On March 25, 2025, John Holmes III, Chairman, President, and CEO of AAR Corp, disposed of 63,866 shares of common stock.
  • The transaction was executed to satisfy tax withholding obligations related to the vesting of time-based restricted stock granted on March 25, 2022.
  • The shares were disposed of at a price of $69.62 per share.
  • Following the transaction, Holmes directly owns 274,814 shares of AAR Corp common stock.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (disposal of shares for tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

This is a routine Form 4 filing related to insider transactions. It is common for executives to sell shares to cover tax obligations when restricted stock vests.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

DateDescription
2022-03-25Date of grant for the time-based restricted stock.
2023-01-10Date of Power of Attorney document.
2025-03-25Date of the transaction (disposal of shares).
2025-03-26Date of signature for the Form 4 filing.

Keywords

AAR CORP, John Holmes III, Form 4, share disposal, tax obligations, restricted stock, insider trading

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