Form 4: AAR Corp Senior VP-CFO Sean M. Gillen Executes Stock Transactions
SEC Form 4 Filing
AAR Corp's Senior VP-CFO, Sean M. Gillen, engaged in multiple stock option exercises and sales on January 10, 2025, affecting his holdings.
Summary
- On January 10, 2025, Sean M. Gillen, Senior VP-CFO of AAR Corp, exercised stock options and sold shares.
- Gillen exercised options to acquire 5,385 shares at $37.66, 8,000 shares at $18.94, and 4,000 shares at $37.74.
- Simultaneously, he sold 5,385 shares, 8,000 shares, and 4,000 shares at a weighted average price of $66.3308 per share.
- These transactions resulted in a net change in his holdings, with a final holding of 72,326.203 shares of common stock.
- The sales were executed at prices ranging from $64.87 to $67.45 per share.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This is a routine filing related to executive stock transactions, which is common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Comparison to Industry Standards
- Executive stock option exercises and sales are a standard part of compensation packages in publicly traded companies like AAR Corp.
- The vesting schedules and exercise prices are typical for stock options granted to executives.
- The reporting of these transactions via SEC Form 4 is a standard regulatory requirement for all publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on the stock price due to the volume of shares traded.
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 01/10/2023 | Date of the Power of Attorney document. |
| 12/31/2019 | First vesting date for 5,385 stock options. |
| 07/31/2021 | First vesting date for 8,000 stock options. |
| 07/31/2022 | First vesting date for 4,000 stock options. |
| 01/10/2025 | Date of stock option exercises and sales. |
| 07/08/2029 | Expiration date for 5,385 stock options. |
| 07/13/2030 | Expiration date for 8,000 stock options. |
| 07/12/2031 | Expiration date for 4,000 stock options. |
Keywords
AAR Corp, Sean M. Gillen, stock options, insider trading, SEC Form 4, stock sales, executive compensation
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