AIR.NYSEAar CORP

Form 4: AAR CORP Executive Acquires Restricted Stock After Exceeding Performance Targets

Sentiment:

Insider Transaction Report


AAR CORP's VP-CAO & Controller, Eric Pachapa, acquired 5,820 shares of common stock as restricted stock, indicating the achievement of performance criteria beyond target levels.

Better than expectedThe acquisition of 5,820 shares of common stock by a key executive (VP-CAO & Controller) is a positive signal, indicating increased alignment of management's interests with shareholders.The shares were awarded because performance criteria were exceeded, suggesting strong operational results or individual contributions within the company.

Summary

  • Eric Pachapa, VP-CAO & Controller of AAR CORP (AIR), acquired 5,820 shares of the company's common stock.
  • The acquisition occurred on July 15, 2025, and the shares were acquired at a price of $0 per share.
  • These shares represent additional restricted stock awarded upon the certification of performance criteria, which were met at a level exceeding the target.
  • Following this transaction, Eric Pachapa beneficially owns a total of 28,539.32 shares of AAR CORP common stock.
  • The initial target award amount related to this restricted stock was previously reported on a Form 4 filed on July 20, 2022.

Sentiment

Score: 8

Explanation: The acquisition of restricted stock by a key executive due to exceeding performance criteria is a strong positive signal, indicating successful achievement of internal goals and aligning executive interests with shareholders.

Positives

  • VP-CAO & Controller Eric Pachapa acquired 5,820 shares of common stock, increasing his direct ownership in the company.
  • The acquisition was a result of performance criteria being exceeded, indicating strong individual and potentially company performance against set goals.

Future Outlook

NA

Management Comments

  • Represents additional restricted stock acquired upon certification of performance criteria (at a level exceeding the target level) pursuant to a Restricted Stock Agreement.

Industry Context

This Form 4 filing details a specific insider transaction and does not provide broader industry context or trends.

Related Party Transactions

  • Acquisition of 5,820 shares of restricted common stock by Eric Pachapa, VP-CAO & Controller, from AAR CORP as a performance-based award.

Stakeholder Impact

  • Shareholders: Positive, as it indicates management's confidence in the company's performance and aligns executive incentives with shareholder value creation.
  • Employees: May signal a performance-driven culture and the potential for similar incentive programs based on achieving or exceeding targets.

Key Dates

DateDescription
07/20/2022Date the initial target award amount for the restricted stock was reported on a Form 4.
01/12/2023Date Eric Pachapa executed the Power of Attorney for executing Forms 3, 4, and 5.
07/15/2025Date of the common stock acquisition by Eric Pachapa.
07/17/2025Date the Form 4 was signed by Katherine Kwiat, acting as power of attorney.

Recommendation

hold

Keywords

AAR CORP, AIR, Form 4, Insider Transaction, Restricted Stock, Executive Compensation, Stock Acquisition, Performance-Based Award

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