Flanagan Sarah Louise 4
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AAR (AIR) Interim CFO Sarah Flanagan Receives Stock Awards
What Happened Sarah Louise Flanagan, AAR Corp's Interim Chief Financial Officer and Vice President, Financial Operations, received a total of 6,225 shares via awards on January 22, 2026. The awards break down as: 930 restricted shares, 2,785 performance-restricted shares, and 2,510 derivative/option-type shares. All awards were granted at $0.00 (standard equity compensation), so no cash was exchanged.
Key Details
- Transaction date: January 22, 2026; Form 4 filed January 23, 2026 (timely).
- Awards: 930 shares (restricted, Footnote F1); 2,785 shares (performance restricted, Footnote F2); 2,510 derivative/option-type shares (Footnote F3).
- Price: $0.00 per share for all awards (common for equity grants).
- Vesting for the 2,510 derivative award: vests and becomes exercisable in three equal annual installments — 33 1/3% on each of Jan 22, 2027; Jan 22, 2028; and Jan 22, 2029 (Footnote F3).
- Footnote exemptions: Awards were made pursuant to Restricted/Performance Restricted Stock Agreements and reported as transactions exempt under Rule 16b-3 (F1, F2).
- Shares owned after the transaction: not specified in the provided filing extract.
Context These are compensation awards, not open-market purchases or sales. Such grants are commonly used for retention and performance incentives and do not necessarily indicate the executive’s personal buying/selling sentiment. The derivative award carries time-based vesting, so economic ownership and the ability to exercise will occur over the next three years per the schedule in Footnote F3.