Form 4: AAR Corp Executive Receives Performance-Based Restricted Stock Award
Insider Transaction Report
AAR Corp's Senior Vice President and Chief Compliance Officer, Christopher A. Jessup, acquired 12,282 shares of common stock as restricted stock, exceeding target performance criteria.
Summary
- Christopher A. Jessup, Senior Vice President-CCO of AAR CORP (AIR), acquired 12,282 shares of common stock on July 15, 2025.
- The acquisition represents additional restricted stock awarded upon certification that performance criteria were met at a level exceeding the target.
- This award is pursuant to a Restricted Stock Agreement, with the initial target award amount previously reported on a Form 4 filed on July 20, 2022.
- Following this transaction, Christopher A. Jessup beneficially owns a total of 71,164.525 shares of AAR CORP common stock.
Sentiment
Score: 8
Explanation: The sentiment is positive as an executive received a significant stock award for exceeding performance targets, aligning their interests with shareholders and indicating strong individual performance.
Positives
- The acquisition of restricted stock by a Senior Vice President aligns management's interests with shareholders.
- The award was granted because performance criteria were met at a level exceeding the target, indicating strong executive performance.
Future Outlook
The document does not provide specific forward-looking statements or guidance beyond the reported transaction date.
Industry Context
This Form 4 filing details an individual executive's compensation-related stock acquisition, which is a routine disclosure for publicly traded companies and does not directly reflect broader industry trends.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Authorization | Christopher Jessup granted a Power of Attorney on January 18, 2023, to Katherine Kwiat, Jessica Garascia, Kim Loies, and Jamie Brown, authorizing them to execute and file Forms 3, 4, and 5 on his behalf with the SEC. | 01/18/2023 | Streamlines compliance with Section 16(a) of the Securities Exchange Act of 1934 for the reporting person. |
Related Party Transactions
- The acquisition of 12,282 shares of restricted stock by Christopher A. Jessup, a Senior Vice President-CCO, from AAR CORP is a related party transaction as it involves compensation between the company and an executive.
Stakeholder Impact
- Shareholders: The performance-based stock award aligns the executive's financial interests with the company's long-term performance, potentially benefiting shareholders.
- Employees: The award to a senior executive for exceeding performance criteria could serve as a positive example of performance-based compensation within the company.
Key Dates
| Date | Description |
|---|---|
| 07/20/2022 | Date of initial target award amount reported on a Form 4. |
| 01/18/2023 | Date Christopher Jessup signed the Power of Attorney for executing SEC Forms 3, 4, and 5. |
| 07/15/2025 | Transaction date for the acquisition of 12,282 shares of common stock. |
| 07/17/2025 | Date the Form 4 was signed and filed. |
Keywords
AAR CORP, AIR, Form 4, Insider Transaction, Restricted Stock, Executive Compensation, Performance Award, Stock Acquisition, Corporate Governance
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