Form 4: AAR Corp Director Walfish Acquires Phantom Stock
SEC Form 4 Filing
Director Marc Jay Walfish acquired 558 shares of phantom stock in AAR Corp, according to a Form 4 filing.
Summary
- On February 28, 2025, Marc Jay Walfish, a director of AAR Corp, acquired 558 shares of phantom stock at a price of $65.02 per share.
- Following the transaction, Walfish directly owns 51,937 shares of AAR Corp common stock and 558 shares of phantom stock.
- The phantom stock is the economic equivalent of common stock and becomes payable in cash or common stock upon termination of service or other specified dates.
- Katherine Kwiat, acting as power of attorney, signed the Form 4 on March 3, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transaction provides shareholders with information about the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 2023-01-10 | Date of Power of Attorney execution. |
| 2025-02-28 | Date of phantom stock transaction. |
| 2025-02-28 | Date the phantom stock becomes exercisable. |
| 2025-02-28 | Date the phantom stock expires. |
| 2025-03-03 | Date of Form 4 filing. |
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