Jessup Christopher A. 4

What Happened Christopher A. Jessup, Senior Vice President and Chief Commercial Officer of AAR CORP (AIR), was awarded 7,267 restricted shares on July 14, 2026. The shares were reported with an acquisition price of $0.00 (total reported value $0) under transaction code "A" (award/grant). The Form 4 covering this transaction was filed on July 15, 2026.

Key Details

• Transaction date: 2026-07-14; acquisition type: Award (code A); price reported: $0.00 per share.
• Shares awarded: 7,267 restricted shares. Reported total value: $0.
• Shares owned after transaction: Not disclosed in the provided filing summary.
• Footnote: These are additional restricted shares received upon certification of performance criteria (exceeding target) per a Restricted Stock Agreement; the initial target award was reported on a Form 4 filed July 26, 2023.
• Filing timeliness: Form 4 filed 2026-07-15 for a 2026-07-14 transaction — appears timely under standard Form 4 rules.

Context This was an equity award (not an open-market purchase or sale). Restricted stock awards are typically subject to vesting and other restrictions and may become taxable when vested or settled. Awards reflect compensation or performance-based pay rather than an insider buying or selling shares for personal investment, so they should be interpreted differently than open-market purchases or sales.