WALFISH MARC JAY 4
Research Summary
AI-generated summary
AAR Director Marc Walfish Receives 1,364-Share Award
What Happened Marc Jay Walfish, a director of AAR CORP (AIR), received an award of 1,364 restricted shares on June 1, 2026. The grant was recorded at $0.00 per share (total $0) as a restricted stock award rather than a purchase or sale.
Key Details
- Transaction date: 2026-06-01; Filing date: 2026-06-02 (timely).
- Transaction type: Award/Grant of restricted stock (SEC transaction code A).
- Shares granted: 1,364; Price reported: $0.00; Reported total value: $0.
- Footnote: Award made pursuant to a Restricted Stock Agreement and reported as exempt under Rule 16b-3 (F1).
- Shares owned after transaction: Not specified in the filing.
Context
- Restricted stock awards are compensation grants that typically vest over time and are not an open-market purchase; they do not, by themselves, indicate buying or selling sentiment.
- Rule 16b-3 provides an exemption for certain compensatory equity transactions by insiders so they are not subject to short-swing profit recovery under Section 16(b).