Form 4: AAR Corp Director Peter Pace Acquires Shares Under Restricted Stock Agreement

Director Peter Pace acquired 1,901 shares of AAR Corp common stock on June 1, 2024, as part of a restricted stock agreement.

Summary

• On June 1, 2024, Peter Pace, a director of AAR Corp, acquired 1,901 shares of common stock.
• The acquisition was made under a restricted stock agreement and is exempt under Rule 16b-3.
• The price per share was $0.
• Following the transaction, Pace directly owns 21,923 shares of AAR Corp common stock.
• Katherine Kwiat, acting as power of attorney, signed the Form 4 on June 4, 2024.
• Peter Pace granted power of attorney to Katherine Kwiat, Jessica Garascia, Kim Loies, and Jamie Brown on January 10, 2023, to execute Forms 3, 4, and 5 on his behalf.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction (acquisition of shares under a restricted stock agreement) by a company director. It doesn't inherently indicate positive or negative sentiment, but rather a standard corporate procedure.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's acquisition of shares, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates