PACE PETER 4

What Happened

Peter Pace, a director of AAR CORP (AIR), was granted 1,364 shares as an award on June 1, 2026. The report shows an acquisition price of $0.00 (total $0), indicating these were awarded restricted shares rather than a market purchase or sale. This is an acquisition via compensation, not an open-market buy.

Key Details

• Transaction date: 2026-06-01; Filing date: 2026-06-02 (filed within the normal two-business-day Form 4 window).
• Transaction type: Award/Grant (code A) — 1,364 shares at $0.00 per share (total reported value $0).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: F1 — Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
• No sale or option exercise reported; this is compensation-related equity issuance.

Context

Restricted stock awards are commonly used as director compensation and are subject to vesting and transfer restrictions; they do not necessarily signal the director's personal cash investment or market sentiment. The Rule 16b-3 exemption referenced is standard for bona fide compensatory grants to insiders and helps the company avoid short-swing profit liability for this award.