VOGEL JENNIFER L 4

What Happened
Jennifer L. Vogel, a director of AAR CORP (AIR), was granted 1,364 restricted shares on June 1, 2026. The shares were issued at $0.00 per share (reported value $0), listed as an award/acquisition under Rule 16b-3. This is a grant of restricted stock rather than a purchase or sale.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (appears timely).
• Transaction type/code: Award/Acquisition (A). Price reported: $0.00; total reported consideration: $0.
• Shares acquired: 1,364 restricted shares.
• Shares owned after transaction: not specified in the filing.
• Footnote: Award granted pursuant to a Restricted Stock Agreement; transaction exempt under Rule 16b-3 (per filing footnote).

Context
Restricted stock awards are typically subject to vesting and forfeiture conditions set in the restricted stock agreement; they do not necessarily indicate immediate buying or selling intent. The Rule 16b-3 exemption allows companies to grant equity to insiders without creating short-swing profit liability under Section 16(b).