Pachapa Eric 4
Research Summary
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AAR (AIR) VP-Controller Eric Pachapa Receives Stock Awards
What Happened
Eric Pachapa, VP‑CAO & Controller of AAR CORP (AIR), was granted a total of 3,476 shares on July 23, 2026 via two awards: 1,390 shares under a Restricted Stock Agreement and 2,086 shares under a Performance Restricted Stock Agreement. Both awards were reported as acquired at $0.00 per share (typical for compensation grants); the filing does not state a cash purchase price.
Key Details
- Transaction dates: July 23, 2026 (reported on Form 4 filed July 24, 2026).
- Awards: 1,390 shares (Restricted Stock) and 2,086 shares (Performance Restricted Stock); total 3,476 shares.
- Reported acquisition price: $0.00 per share (award/grant).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 = Restricted Stock Agreement; F2 = Performance Restricted Stock Agreement. Both transactions reported as exempt under Rule 16b‑3.
- Timeliness: Filing appears timely (transaction date 7/23/2026; Form 4 filed 7/24/2026).
Context
These awards are compensation-related grants (restricted and performance-based), not open‑market purchases or sales. Such grants typically vest over time or upon meeting performance goals and do not necessarily indicate immediate buying or selling intent by the insider. Rule 16b‑3 exemptions are standard for these types of executive compensation transactions.
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