Form 4: AAR CORP Director Michael Boyce Receives Restricted Stock Award, Boosting Direct Holdings

AAR CORP Director Michael Ross Boyce has acquired 2,198 shares of common stock through a restricted stock award, increasing his direct beneficial ownership to 99,539.588 shares.

Summary

• Michael Ross Boyce, a Director of AAR CORP (AIR), acquired 2,198 shares of common stock on June 1, 2025.
• The acquisition was an award of stock pursuant to a Restricted Stock Agreement, with a transaction price of $0 per share, exempt under Rule 16b-3.
• Following this transaction, Mr. Boyce directly beneficially owns 99,539.588 shares of AAR CORP Common Stock.
• Additionally, Mr. Boyce indirectly beneficially owns 20,000 shares of Common Stock through Maverick Investors Limited Partnership, bringing his total beneficial ownership to 119,539.588 shares.
• The filing was signed by Katherine Kwiat, acting as power of attorney for Michael Boyce, on June 2, 2025.

Sentiment

Score: 7

Explanation: The document reports a director's acquisition of shares through a stock award, which is generally a positive sign of alignment between management and shareholder interests, and a routine compensation event.

Positives

• Director Michael Boyce increased his direct beneficial ownership in AAR CORP by 2,198 shares, aligning his interests further with shareholders.
• The acquisition was a stock award, indicating a form of compensation or incentive for the director.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The increase in director ownership aligns management interests with shareholder value creation.

Key Dates

Keywords

AAR CORP, AIR, Form 4, Insider Transaction, Stock Award, Restricted Stock, Michael Boyce, Director, Beneficial Ownership