Form 4: AAR Corp Chairman, President & CEO, John Holmes, Reports Share Donation
SEC Form 4 Filing
AAR Corp's Chairman, President & CEO, John Holmes, donated 3,000 shares of common stock to a donor advised charitable fund.
Summary
- John Holmes, Chairman, President & CEO of AAR Corp, reported a transaction on January 22, 2025.
- He donated 3,000 shares of AAR Corp common stock to a donor advised charitable fund.
- The donation was a non-derivative transaction, and the price per share was $0 as it was a donation.
- Following the transaction, Mr. Holmes beneficially owns 338,680 shares of AAR Corp common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a routine insider transaction, with no positive or negative implications for the company's performance.
Industry Context
This is a routine filing related to insider transactions and does not indicate any specific trend in the broader industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders and are required by the SEC.
- The donation of shares to a charitable fund is a common practice among executives and does not indicate any unusual activity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a donation of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 2023-01-10 | Date of the Power of Attorney document. |
| 2025-01-22 | Date of the share donation transaction. |
Keywords
AAR Corp, John Holmes, share donation, Form 4, beneficial ownership, charitable fund, insider transaction
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