Jessup Christopher A. 4

What Happened
Christopher A. Jessup, Senior Vice President & Chief Commercial Officer at AAR CORP (AIR), received two equity awards on July 23, 2026 totaling 13,401 shares: 5,360 shares under a Restricted Stock Agreement and 8,041 shares under a Performance Restricted Stock Agreement. The filing reports an acquisition price of $0.00 for each grant (awarded shares), and the transaction is reported as exempt under Rule 16b-3.

Key Details

• Transaction date: 2026-07-23; Filing date: 2026-07-24 (Form 4, accession 0000001750-26-000084) — appears timely (Form 4s are due within 2 business days).
• Grants: 5,360 shares @ $0.00 (Restricted Stock) [F1]; 8,041 shares @ $0.00 (Performance Restricted Stock) [F2]. Total shares granted: 13,401.
• Aggregate reported purchase price/value: $0.00 (award/grant). Market value at grant is not shown in the excerpt.
• Shares owned after transaction: not stated in the provided filing excerpt.
• Footnotes: F1 = Restricted Stock Agreement; F2 = Performance Restricted Stock Agreement; both transactions reported as exempt under Rule 16b-3.

Context
These grants are compensation awards, not open-market purchases. Restricted and performance shares are typically subject to vesting and performance conditions and therefore do not necessarily indicate immediate buying or selling intent. Rule 16b-3 provides an exemption for certain issuer grants to officers/directors, which is why these awards are reported as exempt transactions.