AAR (AIR) Senior VP Jessica Garascia Withholds Shares for Taxes

What Happened

• Jessica A. Garascia, Senior Vice President, General Counsel, CAO & Secretary of AAR Corp (AIR), had shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock. On 2026-07-31 she reported withholding 5,635 shares (performance-based) and 1,028 shares (time-based) at $140.04 per share.
• The two withholdings disposed of 6,663 shares in total for tax purposes, with values of $789,125 and $143,961 respectively, totaling approximately $933,086. These are tax-withholding disposals (transaction code F), not open-market sales indicating a change in investment stance.

Key Details

• Transaction date: July 31, 2026. Filing date: August 3, 2026 (Form 4 accession 0000001750-26-000094).
• Prices and amounts: 5,635 shares @ $140.04 = $789,125 (performance-based RSU withholding); 1,028 shares @ $140.04 = $143,961 (time-based RSU withholding). Combined ~6,663 shares, ~$933,086.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 = withholding of shares for tax on performance-based stock vesting; F2 = withholding for tax on time-based restricted stock vesting.
• Filing timeliness: No late-filing indicator provided in the supplied data.

Context

• These transactions are routine tax-withholding actions tied to RSU vesting (cashless/share-withholding). Such disposals are administrative and do not necessarily signal insider sentiment about the company.