AAR CORP (AIR) Director Robert F. Leduc Receives Award

What Happened
Robert F. Leduc, a director of AAR CORP (AIR), received a grant of 122 shares of phantom stock on August 31, 2026. The reported per-share value used in the filing is $129.29, for a total economic value of $15,773. This transaction is an award/acquisition (derivative grant) under the company’s Non-Employee Directors' Deferred Compensation Plan — a form of compensation rather than an open-market purchase.

Key Details

• Transaction date and price: 2026-08-31 — 122 phantom shares at $129.29 each (total $15,773).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Each phantom share is the economic equivalent of one common share and becomes payable in cash or common stock at the director’s election upon termination of service or on other plan-specified dates.
• Filing: Report filed 2026-09-01 for the 2026-08-31 transaction (no late-filing indication in the report).

Context
Phantom stock is a derivative compensation award that tracks the value of common stock but does not transfer actual shares immediately; payout is typically in cash or stock later per the plan. Such director awards are commonly part of routine compensation and do not, by themselves, indicate the director’s personal buy/sell decision in the market.