Garascia Jessica A. 4
4 · AAR CORP · Filed Jul 24, 2026
Research Summary
AI-generated summary of this filing
AAR (AIR) Senior VP Jessica Garascia Receives Stock Award
What Happened
Jessica A. Garascia, Senior Vice President, General Counsel, Chief Administrative Officer & Secretary of AAR Corp (AIR), received two equity awards on 2026-07-23 totaling 8,651 shares: 3,460 shares awarded under a Restricted Stock Agreement and 5,191 shares awarded under a Performance Restricted Stock Agreement. Both awards were recorded at $0 per share (typical for grants) and reported on a Form 4 filed 2026-07-24. These are awards (code A) rather than purchases or sales.
Key Details
- Transaction date: 2026-07-23; Form 4 filed: 2026-07-24 (timely filing).
- Award amounts: 3,460 shares (Restricted Stock) + 5,191 shares (Performance Restricted Stock) = 8,651 shares. Price reported: $0.
- Footnotes: F1 = Restricted Stock Agreement; F2 = Performance Restricted Stock Agreement; both transactions exempt under Rule 16b-3.
- Shares owned after the transaction: not specified in the provided filing details.
- Transaction type: A (award/grant). No sale or purchase occurred.
Context
Awards under Rule 16b-3 are common for executive compensation and are exempt from short-swing trading recovery rules for certain company compensatory plans. A $0 grant value on the Form 4 reflects an equity award, not an open-market purchase; such grants do not by themselves indicate immediate buying or selling sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-23+3,460→ 37,824 total - Award
Common Stock
[F2]2026-07-23+5,191→ 43,015 total
Footnotes (2)
- [F1]Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
- [F2]Award of stock pursuant to a Performance Restricted Stock Agreement in a transaction exempt under Rule 16b-3.