AAR CORP (AIR) SVP Christopher Jessup Sells 8,392 Shares to Cover Taxes

What Happened

• Christopher A. Jessup, Senior Vice President (Chief Commercial Officer), had a total of 8,392 AAR CORP (AIR) shares withheld on July 31, 2026 to satisfy tax withholding obligations tied to restricted stock vesting. The withholding comprised 7,098 shares withheld at $140.04 each (≈ $994,004) and 1,294 shares withheld at $140.04 each (≈ $181,212), for a combined value of about $1,175,216. These transactions are reported with code "F" (tax withholding) and represent share dispositions to cover taxes, not open-market sales.

Key Details

• Transaction date: 2026-07-31; reported on Form 4 filed 2026-08-03 (timely).
• Prices and amounts: 7,098 shares @ $140.04 = $994,004; 1,294 shares @ $140.04 = $181,212; total 8,392 shares ≈ $1,175,216.
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: F1 = 7,098 shares withheld to satisfy tax on performance-based restricted stock vesting; F2 = 1,294 shares withheld to satisfy tax on time-based restricted stock vesting.
• Transaction code: F (withholding to satisfy tax obligations).

Context

• This was a cashless tax-withholding action tied to RSU vesting, not an open-market sale or a purchase; such withholdings are routine and are done to cover required tax obligations when awards vest. The filing appears timely (filed within the Form 4 reporting window).