Nolen Billy 4

What Happened
Billy Nolen, a director of AAR CORP (AIR), sold 1,562 shares in an open-market transaction on March 26, 2026. The reported weighted-average price was $111.00 per share, generating proceeds of approximately $173,385. This transaction was a sale (not a purchase or award) and thus is often routine insider selling rather than a direct bullish signal.

Key Details

• Transaction date: 2026-03-26; filing date: 2026-03-27 (timely filing).
• Transaction type: Open-market sale (Code S).
• Shares sold: 1,562 at a weighted-average price of $111.00; total proceeds ≈ $173,385.
• Footnote: The price is a weighted average; actual sale prices ranged from $111.0000 to $111.0100. The filer offers to provide a breakdown of the number of shares sold at each price on request (see footnote F1).
• Shares owned after transaction: Not disclosed in the excerpt provided.
• No 10b5-1 plan, tax-withholding, or other special conditions were indicated in the provided information.

Context
Insider sales can be for many reasons (diversification, personal liquidity, planned sales) and do not by themselves prove a change in the insider’s view of the company. This filing documents a routine director sale; retail investors should consider this alongside other insider activity, fundamental company news, and market conditions.