Edwards Jeffrey N 4
Research Summary
AI-generated summary
AAR (AIR) Director Jeffrey N. Edwards Receives Restricted Stock Award
What Happened
- Jeffrey N. Edwards, a director of AAR CORP (AIR), was granted 1,364 shares of restricted stock on 2026-06-01. The award is reported as an acquisition at $0.00 per share (no cash paid); the filing does not state a total dollar value.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely filing under standard rules).
- Transaction type/code: A — Award/Grant of restricted stock.
- Shares acquired: 1,364 restricted shares at $0.00 per share.
- Shares owned after the transaction: not disclosed in the provided filing details.
- Footnote: Award made pursuant to a Restricted Stock Agreement and reported as exempt under Rule 16b-3 (F1).
- No sale or open-market purchase; this is a compensation-related grant.
Context
- Restricted stock awards are typically compensation or retention grants for directors/employees; they are not purchases or sales and don’t necessarily signal immediate trading intent.
- Rule 16b-3 exemption is commonly used to allow companies to grant equity to insiders without triggering short-swing profit rules. The shares may be subject to vesting or transfer restrictions under the referenced agreement.
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