Garascia Jessica A. 4

What Happened Jessica A. Garascia, Senior Vice President, General Counsel, Chief Administrative Officer and Secretary of AAR CORP (AIR), was issued 4,807 restricted shares on July 14, 2026. The shares were reported as acquired at $0.00 (an award/grant), reflecting additional restricted stock granted upon certification of performance criteria that exceeded the target level. The filing reports no cash paid for the shares.

Key Details

• Transaction date: 2026-07-14; Form 4 filed 2026-07-15 (appears timely).
• Transaction type/code: Award/Grant (A); price reported $0.00.
• Shares acquired: 4,807 restricted shares.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote: The shares represent additional restricted stock issued upon certification of performance criteria exceeding target levels pursuant to a Restricted Stock Agreement. The initial target award was reported on a Form 4 filed July 26, 2023 and was adjusted as noted in a footnote to the Form 4 filed July 17, 2025.

Context This was an award of restricted stock tied to performance vesting, not an open-market purchase or sale. Such performance-based grants reflect compensation/retention arrangements and do not by themselves indicate the insider is buying or selling shares for personal investment.