4Filed Aug 2, 8:00 PM ET

AAR (AIR) VP-Controller Eric Pachapa Sells Shares to Cover Taxes

$AIR · AAR CORP

Research Summary

AI-generated summary of this SEC filing

Updated

AAR (AIR) VP-Controller Eric Pachapa Sells Shares to Cover Taxes

What Happened
Eric Pachapa, AAR Corp (AIR) Vice President — CAO & Controller, had a total of 3,979 shares of AAR common stock withheld (disposed) to satisfy tax withholding tied to the vesting of restricted stock. On July 31, 2026, 3,365 performance-based RSU shares were withheld at $140.04 each ($471,235) and 614 time-based RSU shares were withheld at $140.04 each ($85,985), for a combined value of roughly $557,220. This transaction reflects tax withholding on vested awards rather than an open‑market sale.

Key Details

  • Transaction date: 2026-07-31 (filed on 2026-08-03; filing appears timely)
  • Prices and amounts: 3,365 shares @ $140.04 = $471,235 (performance-based RSUs); 614 shares @ $140.04 = $85,985 (time-based RSUs); total 3,979 shares and ~$557,220
  • Transaction code: F — shares withheld to meet tax withholding obligations on vesting
  • Shares owned after transaction: not disclosed in the provided filing excerpt
  • Footnotes: F1 = withholding of 3,365 shares for performance RSU tax; F2 = withholding of 614 shares for time-based RSU tax

Context
This was a tax-withholding disposition tied to RSU vesting (common administration of equity awards) rather than a voluntary sale intended as a directional market bet. Such withholdings are routine and do not necessarily indicate the insider’s view on the company’s prospects.