AAR CORP (AIR) Director Marc Walfish Receives 300-Share Award

What Happened
Marc Jay Walfish, a director of AAR CORP (AIR), was granted 300 shares of phantom stock on August 31, 2026. The award is reported at $129.29 per share for a total reported value of $38,787. This was an award/grant (derivative), not a purchase or sale.

Key Details

• Transaction date and price: 2026-08-31; 300 phantom shares at $129.29 per share; total $38,787.
• Transaction type: A (award/grant) — derivative phantom stock under the Non-Employee Directors' Deferred Compensation Plan.
• Shares owned after transaction: Not specified 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 specified dates under the plan.
• Timeliness: Filed 2026-09-01 for a transaction on 2026-08-31 — appears timely (no late filing flagged).

Context
Phantom stock awards are commonly used as deferred compensation for non-employee directors; they give the economic benefits of stock without immediate share issuance. Such awards are routine director compensation and don’t necessarily indicate a buy/sell signal by the insider.