other material
confidence high
sentiment positive
materiality 0.65
AAR grants CEO John Holmes 161,500 performance-based restricted shares with $175-$250 price targets
AAR CORP
- Grant of 161,500 shares to CEO John Holmes; target fair value ~$15M, approved by Compensation Committee on July 23, 2026.
- Shares cliff vest on July 31, 2031, contingent on stock price hurdles: $175, $200, $250 (33.33% each).
- Hurdles represent 35%-93% premium over $129.47 closing price on grant date; full vesting requires stock to more than double from FY2026 end.
- Award is separate from annual LTI; designed for long-term retention and alignment with stockholder value creation.
- In change of control or certain terminations, a portion may vest based on achieved hurdles; otherwise forfeited.